EQS-News: Verve Appoints Alex Stil as Chief Commercial Officer to Lead the Strategic Expansion of its Demand-Side Business (deutsch)

Verve Appoints Alex Stil as Chief Commercial Officer to Lead the Strategic Expansion of its Demand-Side Business

EQS-News: Verve Group SE / Schlagwort(e): Sonstiges

Verve Appoints Alex Stil as Chief Commercial Officer to Lead the Strategic

Expansion of its Demand-Side Business

03.07.2024 / 15:35 CET/CEST

Für den Inhalt der Mitteilung ist der Emittent / Herausgeber verantwortlich.

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.

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Sprache: Deutsch

Unternehmen: Verve Group SE

c/o Match2One AB, Stureplan 6

114 35 Stockholm

Schweden

Telefon: +491703769571

E-Mail: info@mgi-se.com

Internet: www.mgi-se.com

ISIN: SE0018538068

WKN: A3D3A1

Börsen: Freiverkehr in Düsseldorf, Frankfurt (Scale), Tradegate

Exchange; FNSE

EQS News ID: 1939177

Ende der Mitteilung EQS News-Service

1939177 03.07.2024 CET/CEST

 ISIN  SE0018538068

AXC0202 2024-07-03/15:35