Verve Group SE ("Verve" or the "Company", ISIN: SE0018538068;
ticker: VER / M8G) is pleased to announce the appointment of Alex
Stil as its new Chief Commercial Officer who will lead the
expansion of the demand side business. Alex brings extensive
experience in digital media, brand management and agency
ecosystems, positioning him as a pivotal addition to Verve's
leadership team.
Alex's career spans as a serial digital entrepreneur and a
results-driven business leader, with notable achievements in
digital media and ad technology. At GroupM, as President of GroupM
Services EMEA, he managed 2,500+ people and led digital activation
across 40 markets for brands such as Unilever, Nike, Google, Ford
and Vodafone, achieving amongst others significant 40%+ growth in
billings in a challenging Covid19 period.
His leadership in transforming large-scale organizations and
fostering enterprise-scale services will be instrumental in
advancing Verve's demand-side business, particularly following the
recent acquisition of Jun Group, which significantly expanded
Verve's demand-side capabilities.
Alex's responsibilities include streamlining Verve's product
portfolio by managing the company's DSP, unique supply and data,
curated deals, cookie less solutions, and creative services. In
line with our mission ‘let’s make media better’ Alex will focus on
delivering clear and consistent solutions tailored specifically for
agencies and brands, thereby enabling better advertising
outcomes.
Next to product enhancement, Alex will also prioritize enhancing
client experiences to foster long-term loyalty and maximize client
satisfaction. This involves refining onboarding processes,
improving customer support, and implementing proactive engagement
strategies.
Furthermore, Alex will spearhead initiatives to expand Verve's
market presence, including identifying new markets, nurturing
high-value prospects, and boosting brand visibility through
targeted campaigns and active industry engagement.
The Verve management team now consists of Remco Westermann
(Chief Executive Officer), Paul Echt (Chief Financial Officer),
Jens Knauber (Chief Operating Officer), Sameer Sondhi (Chief
Revenue Officer and Chief Executive Officer Ad-Tech) and Alex Stil
(Chief Commercial Officer).
Alex Stil, CCO, Verve
“Joining Verve represents an exciting opportunity to
contribute to a company dedicated to enable better outcomes for its
clients through responsible advertising solutions in emerging
channels. With a deep background in media agencies and extensive
international experience, including collaborations with leading
brands, I am eager to leverage my expertise to elevate Verve's
ability to meet and exceed client expectations. I look forward to
joining this strong and dedicated team to drive meaningful change
in the media landscape by delivering tailored solutions that truly
resonate with our clients' needs”
Remco Westermann, CEO, Verve
“In the past few years, we have built a leading digital
advertising platform that combines reach, supply quality and AI
driven highly efficient targeting technology. While we have an
especially strong position in emerging channels on the supply and
publisher side, we also announced our plans to leverage this
foundation and grow our direct business with brands and agencies.
We are aiming to drive better outcomes for advertisers and
publishers by reducing the gap between advertisers and publishers
and increasing efficiency for both. Since the beginning of the
year, we have further strengthened our sales team, launched our
unified Verve brand with refined positioning, and most recently
acquired Jun Group, increasing our share of demand-side business to
30%. Alex has advised us as an external expert throughout this
process, and I'm excited that he'll now be leading the way as CCO
of Verve Group. With his experience and proven expertise in this
area, I am confident that we will continue to excel and drive
further growth for Verve Group.
Responsible parties
The information in this release has been made public through the
agency of the responsible persons set out below for publication at
the time stated by Verve’s news distributor EQS Newswire at the
publication of this release. The responsible persons below may be
contacted for further information.
For further information, please contact:
Sören Barz
Head of Investor Relations
+49 170 376 9571
soeren.barz@verve.com
www.investors.verve.com
About Verve
Verve ("Verve" or the "Company", ISIN: SE0018538068; ticker: VER
/ M8G) is a fast-growing, profitable digital media company that
provides AI-driven ad-software solutions. Verve matches global
advertiser demand with publisher ad-supply, enhancing results
through first-party data from its own content. Aligned with our
mission, “Let’s make media better,” the company focuses on enabling
better outcomes for brands, agencies, and publishers with
responsible advertising solutions, with an emphasis on emerging
media channels. Verve’s main operational presence is in North
America and Europe, and it is registered as a Societas Europaea in
Sweden (registration number 517100-0143). Its shares are listed on
the Nasdaq First North Premier Growth Market in Stockholm and the
Scale segment of the Frankfurt Stock Exchange. The company has
three secured bonds listed on Nasdaq Stockholm and the Frankfurt
Stock Exchange Open Market. Verve's certified advisor on the Nasdaq
First North Premier Growth Market is FNCA Sweden AB; contact info:
info@fnca.se.
Forward-looking statements
This release contains forward-looking statements that reflect
the Company's intentions, beliefs, or current expectations about
and targets for the Company's and the group's future results of
operations, financial condition, liquidity, performance, prospects,
anticipated growth, strategies and opportunities and the markets in
which the Company and the group operates. Forward-looking
statements are statements that are not historical facts and may be
identified by words such as "believe", "expect", "anticipate",
"intend", "may", "plan", "estimate", "will", "should", "could",
"aim" or "might", or, in each case, their negative, or similar
expressions. The forward-looking statements in this release,
including the pro-forma financial figures addressed therein, are
based upon various assumptions, many of which are based, in turn,
upon further assumptions. Although the Company believes that the
expectations reflected in these forward-looking statements and
pro-forma financial numbers are reasonable it can give no
assurances that they will materialize or prove to be correct.
Because these statements are based on assumptions or estimates and
are subject to risks and uncertainties, the actual results or
outcome could differ materially from those set out in the
forward-looking statements as a result of many factors. Such risks,
uncertainties, contingencies and other important factors could
cause actual events to differ materially from the expectations
expressed or implied in this release by such forward-looking
statements. The Company does not guarantee that the assumptions
underlying the forward-looking statements in this release
(including the pro-forma financial figures) are free from errors
and readers of this release should not place undue reliance on the
forward-looking statements in this release. The information,
opinions and forward-looking statements that are expressly or
implicitly contained herein speak only as of its date and are
subject to change without notice. Neither the Company nor anyone
else undertake to review, update, confirm or to release publicly
any revisions to any forward-looking statements to reflect events
that occur or circumstances that arise in relation to the content
of this release, unless it is so required by law or applicable
stock exchange rules.
03.07.2024 CET/CEST Veröffentlichung einer Corporate
News/Finanznachricht, übermittelt durch EQS News - ein Service der
EQS Group AG.
Für den Inhalt der Mitteilung ist der Emittent / Herausgeber
verantwortlich.
Die EQS Distributionsservices umfassen gesetzliche Meldepflichten,
Corporate News/Finanznachrichten und Pressemitteilungen.
Medienarchiv unter https://eqs-news.com