Fyber N.V.: Replacement of Management
BERLIN, Germany - 25 July 2017 - Fyber N.V. (Ticker: FBE), a leading digital advertising technology company, announces changes to its global Management Board.
Ziv Elul, the former Chief Operating Officer ("COO") at Fyber N.V., has replaced Andreas Bodczek as CEO. Ziv co-founded Inneractive Ltd. ("Inneractive") in 2007 and under his management led Inneractive to cash flow positive and profitability. Inneractive has seen rapid growth in the past few years, and was recognized by Deloitte as one of EMEA's fastest-growing technology companies. He joined Fyber N.V. (formerly RNTS Media) in 2016 following the acquisition of Inneractive. Furthermore, Yaron Zaltsman replaced Heiner Luntz as CFO.
The EGM also approved the following additions to the Management Board
Dani Sztern, the former COO of Inneractive, joined the Management Board as Deputy CEO Crid Yu, a member of the Supervisory Board, joined the Management Board as COO
Chairman of the Supervisory Board, Dirk van Daele, commented: "The management changes are essential in allowing us to take the Company to the next stage of its growth. We are delighted to welcome the new members to the Management Board and we also wish to extend our thanks to Andreas and Heiner for building Fyber into the global company it is today. The new management has a very successful track record in leading enterprises to profitability and growth and generating value for its shareholders."
The integrated Fyber group aims to become one of the world's largest publisher monetization platforms, building on its current global user base of more than one billion monthly unique users. Further leveraging the early market positioning in mobile, video and advanced programmatic advertising through a comprehensive offering for publishers will help to drive the group to substantial profitability.
More information on Fyber can be found on the investor section of the Fyber website at investors.fyber.com
About Fyber N.V. Fyber N.V. is a leading advertising technology company. It empowers app developers and digital publishers to generate business-critical revenue streams with targeted advertising, enabling them to optimize the yield they generate from advertising. The Company's technology infrastructure is channel-neutral and provides an open-access platform for advertisers and publishers. Its platforms enable cross-device advertising with a global reach of more than one billion monthly unique users and a strong focus on video. Fyber N.V. is headquartered in Berlin, Germany and has offices in Tel Aviv, San Francisco, New York, London, and Beijing. The Company is listed on the Prime Standard of Frankfurt Stock Exchange under the symbol 'FBE.' In 2016 the fast-growing group companies won a number of awards including: Deloitte Technology Fast 500(TM) 2016 EMEA company; was placed in Gruenderszene's Top 50 growth ranking 2016, and won the Golden Bridge Gold Award 2016.
Investor Contact Sabrina Kassmannhuber firstname.lastname@example.org +49 30 609 855 555
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End of Media Release Issuer: Fyber N.V. Key word(s): Information technology
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Company: Fyber N.V. Johannisstr. 20 10117 Berlin
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