Marchex Announces Board Additions and Executive Role Evolutions
February 25 2015 - 04:10PM
Business Wire
Marchex, Inc. (NASDAQ:MCHX) (“Marchex”), a mobile advertising
technology company, today announced new Board member additions and
executive role evolutions.
“In consultation with my executive team and Board of Directors,
I have indicated the desire to evolve my role into being an
Executive member of our Board of Directors in a manner that frees
me up to focus on long-term strategy and related opportunities,”
said Russell Horowitz. “It has been my privilege to have led the
founding of Marchex and to serve as its CEO and Chairman for more
than a decade, growing the company from an initial idea to where we
are today. I see a transformative and significant growth
opportunity as we move forward, and I will continue to support the
executive team and the company's overall ongoing needs. This action
is also intended to foster growth in the company’s
executive leadership, and we will continue actively looking
for new senior team members to join and deepen our team.”
In connection with this, Marchex is announcing the following
changes today:
Clark Kokich has joined the Marchex Board of Directors and will
serve as Executive Chairman. Kokich previously served as Marchex's
Chief Strategy Officer. He has more than 15 years of experience in
the digital advertising space, and is a well-known advertising
technology expert and digital marketing thought leader. Previously,
Kokich was Chairman of Razorfish, one of the largest digital
marketing agencies in the world, where he also held the roles of
CEO and President during his tenure.
“I am excited to expand my role to help lead the company as we
focus on what we believe is a transformative
opportunity. Marchex is uniquely positioned to play a leading
role in helping advertisers and agencies successfully navigate the
transition to mobile advertising. I look forward to supporting Pete
with his expanded responsibilities and to continue working with
Russ in his evolved role,” Kokich said.
Pete Christothoulou has been elevated to CEO from his position
as President. Christothoulou is a company co-founder and has served
as President since December 2011. He has led the company’s call
advertising business since its beginning in 2009, at which time he
was named Chief Operating Officer. Before that, he was Marchex’s
Chief Strategy Officer.
“Marchex has the ability to truly revolutionize mobile
advertising and business performance through our unique analytics
technology. My focus will be to accelerate products that bring
full, real-time visibility to mobile and transform customer growth
and continue building a world-class team that can drive innovation
for our customers. I couldn’t be more honored to serve as CEO as we
move forward,” Christothoulou said.
Additionally, Ian Morris has joined the Marchex Board of
Directors. Morris served as the President and Chief Executive
Officer of Market Leader, Inc. for more than a decade before
selling the company to Trulia, Inc. in 2013. After taking the
company public in 2004, he established Market Leader as the leading
provider of software-as-a-service solutions to the real estate
industry and one of the foremost providers of leads and lead
management services to the company’s more than 150,000 enterprise
and SMB customers. Previously, Morris spent seven years at
Microsoft, where he led a number of the company’s early online
marketing efforts and later served as the General Manager of
Microsoft HomeAdvisor. Morris holds an MBA from Harvard Business
School.
About Marchex
Marchex is a mobile advertising technology company. The company
provides a suite of products and services for businesses that
depend on consumer phone calls to drive sales. Marchex’s mobile
advertising platform delivers new customer phone calls to
businesses, while its technology analyzes the data in these calls
to help maximize ad campaign results. Marchex disrupts traditional
advertising models by giving businesses full transparency into
their ad campaign performance and charging them based on new
customer acquisition.
Please visit www.marchex.com, blog.marchex.com or @marchex on
Twitter (Twitter.com/Marchex), where Marchex discloses material
information from time to time about the company, its financial
information, and its business.
Marchex Investor RelationsTrevor Caldwell, 206-331-3600Email:
ir(at)marchex.comorMEDIA INQUIRIESMarchex Public
Relations206-331-3434Email: pr(at)marchex.com
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