Outbrain Appoints Alexander Erlmeier as Chief Revenue

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NEW YORK, Oct. 06, 2022 (GLOBE NEWSWIRE) — Outbrain Inc. (Nasdaq: OB), a number one advice platform for the open net, introduced Alexander Erlmeier will serve as its subsequent Chief Revenue Officer. Erlmeier, a ten-year veteran of Outbrain, shall be liable for international business improvement and progress throughout all areas and capabilities of the business group. Eytan Galai will step down after 15 years of service, transitioning right into a consultative position by way of March 2023.

“Alex’s trusted reputation, esteemed industry experience, and decade of impactful results for our advertisers and publisher partners make him the perfect leader for this role,” mentioned Co-CEO David Kostman. “He’s proven successful in building our German, European, and international business all while serving as a steward of Outbrain’s culture. I’m looking forward to seeing how he can further his impact as he takes on this new challenge.”

Kostman added, “Eytan’s mark on our organization – including helping us surpass $1 billion in revenue and completing our IPO – will be felt for years to come, and we wish him well as he explores new endeavors.”

Erlmeier, who most just lately served as Outbrain’s International Managing Director, has been liable for constructing sustainable progress and product adoption for advertisers and publishers throughout all worldwide markets since 2018. With greater than 20 years {of professional} expertise within the on-line sector, he initially joined Outbrain to guide the German-speaking markets and was quickly promoted to guide the corporate’s Central Europe operation right into a excessive and sustainable progress market.

“We have a significant opportunity to build upon our track-record of innovation across the open web – providing alternatives for advertisers that want to diversify their ad spend and publishers looking for a trusted, total business partner,” mentioned Erlmeier. “The Outbrain team and the culture we’ve built motivate me each and every day, and I’m excited to partner with our team in this new capacity and continue helping our partners navigate the future of digital media across the open web. I’m confident our most exciting times are ahead of us.”

With Erlmeier’s appointment, Liesbeth Mack-de Boer, present Managing Director of Central Europe, will tackle the position of Managing Director, EMEA. She will work alongside Sarah Baird, General Manager, North America, and Masahiro Ueno, Managing Director, JAPAC and can report back to Erlmeier.

About Outbrain
Outbrain (Nasdaq: OB) is a number one advice platform for the open net. Our expertise allows 10 billion day by day suggestions to customers throughout greater than 7,000 on-line properties and connects advertisers to those audiences to develop their business. Founded in 2006, Outbrain is headquartered in New York, with workplaces in 17 cities worldwide.

Forward-Looking Statement
This press launch incorporates forward-looking statements inside the that means of the federal securities legal guidelines, which statements contain substantial dangers and uncertainties. Forward-looking statements usually relate to potential or assumed future outcomes of our business, monetary situation, outcomes of operations, liquidity, plans and goals. You can usually determine forward-looking statements as a result of they comprise phrases such as “may,” “will,” “should,” “expects,” “plans,” “anticipates,” “could,” “intends,” “guidance,” “outlook,” “target,” “projects,” “contemplates,” “believes,” “estimates,” “predicts,” “potential” or “continue” or the adverse of those phrases or different comparable expressions that concern our expectations, technique, plans or intentions. We have primarily based these forward-looking statements largely on our present expectations and projections relating to future occasions and tendencies that we imagine could have an effect on our business, monetary situation and outcomes of operations. The consequence of the occasions described in these forward-looking statements is topic to dangers, uncertainties and different components, together with however not restricted to: the dangers described within the part entitled “Risk Factors” and elsewhere within the Annual Report on Form 10-Ok filed for the yr ended December 31, 2021 and in subsequent studies filed with the SEC. Accordingly, you shouldn’t depend upon forward-looking statements as predictions of future occasions. We can not guarantee you that the outcomes, occasions and circumstances mirrored within the forward-looking statements shall be achieved or happen, and precise outcomes, occasions or circumstances might differ materially from these projected within the forward-looking statements. We undertake no obligation to replace any forward-looking assertion to replicate occasions or circumstances after the date on which the assertion is made or to replicate the incidence of unanticipated occasions. We don’t assume any obligation to replace any forward-looking statements, whether or not as a results of new info, future occasions or in any other case, besides as required by legislation.

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