Criteo (CRTO) Appoints Dave Anderson As Interim Chief Financial Officer

By Amit Chowdhry ● May 15, 2020
  • Retargeting ad company Criteo SA (NASDAQ: CRTO) announced it has appointed Dave Anderson as interim Chief Financial Officer for a six-month engagement in replacement of Benoit Fouilland

Retargeting ad company Criteo SA (NASDAQ: CRTO) announced it has appointed Dave Anderson as interim Chief Financial Officer for a six-month engagement in replacement of Benoit Fouilland, effective May 18, 2020.

Anderson — who was previously CFO of Nielsen Holdings and Honeywell International — is a highly experienced and senior finance and operations leader who worked in diverse global companies across a range of industries.

And in addition to financial executive skills sets, Anderson brings significant experience in driving with company leaders and boards of directors, complex company transformations — including optimization of organization design and internal operations.

Anderson has been recognized by Institutional Investor magazine as one of America’s Top CFOs in Institutional Investor’s annual survey of investors and sell-side analysts.

During his engagement, Anderson will be Criteo’s principal financial officer and principal accounting officer.

And Benoit Fouilland — whose planned departure was announced on March 2, 2020 — will support Anderson and the company to ensure a smooth transition through June 30, 2020 as required. In the meantime, Criteo will continue to actively search for a permanent Chief Financial Officer.

Criteo SA (NASDAQ: CRTO) is known for powering the world’s marketers with trusted and impactful advertising. With 2,700 team members, the company has over 20,000 customers and works with thousands of publishers around the world to deliver effective advertising across all channels by applying advanced machine learning to unparalleled data sets. Plus Criteo empowers companies of all sizes with the technology they need to better know and serve their customers.

Key Quotes:

“I’m excited and honored to join Criteo at this pivotal point in its trajectory. I very much look forward to working with Megan and the executive team to help drive Criteo’s transformation in this critical time.”

– Dave Anderson

“Dave is an amazing leader. He brings a deep wealth of experience and expertise in transforming companies which will help Criteo strike the appropriate balance between a necessary right-sizing of the cost base and increased investments in its strategic initiatives.”

– Criteo SA (NASDAQ: CRTO) chief executive officer Megan Clarken