Domenic Maida and Owen Wurzbacher Appointed as
Independent Directors
Todd Crockett Steps Down From Board of
Directors
ZoomInfo, (NASDAQ: ZI) the go-to-market platform to find,
acquire, and grow customers, today announced the appointment of
Domenic Maida and Owen Wurzbacher to its Board of Directors,
effective August 6, 2024. Mr. Maida will serve on the Board’s
Privacy, Security, and Technology Committee and Mr. Wurzbacher will
serve on the Board’s Nominating and Corporate Governance and
Compensation Committees. These appointments follow the resignation
of Todd Crockett, which was received and became effective July 30,
2024.
Henry Schuck, ZoomInfo founder, chairman and CEO, said, “We are
pleased to welcome Dom and Owen to our Board of Directors. Both
bring impressive experience and expertise that will complement the
Board’s skills as we focus on our operational initiatives,
including the significant opportunities we see with ZoomInfo
Copilot and AI, and position the company for long-term growth and
profitability.”
Mr. Maida commented, “I believe that ZoomInfo has tremendous
growth potential as it harnesses the power of ZoomInfo Copilot. As
a product and technology executive, I am impressed with ZoomInfo’s
AI-powered suite of services. It’s an exciting time to join the
company, and I look forward to bringing my insights to the
Board.”
Mr. Wurzbacher commented, “It is an honor to join the ZoomInfo
Board and to support Henry and his team. I believe ZoomInfo has a
strong competitive position, a compelling product suite, and a
highly cash generative business model. I am confident the company’s
best days lie ahead and specifically that its heightened focus on
both delighting customers and growing free cash flow per share will
create enormous value for shareholders from here. All public
companies must compete hard to earn the trust and capital of
high-quality shareholders. Going forward, through disciplined and
consistent execution, I expect and intend for ZoomInfo to compete
very well.”
With these appointments, ZoomInfo’s Board of Directors comprises
nine directors, eight of whom are independent.
About Domenic Maida
Domenic Maida has an impressive track record spanning nearly
three decades, marked by his contributions as a global executive in
data, sales, product development, and technology.
As Bloomberg’s Chief Data Officer from 2013 to 2021, Domenic was
instrumental in revolutionizing global data operations through
constant innovation. His 25+-year tenure at Bloomberg also included
leadership of its flagship product, the “Bloomberg Terminal,” from
2008 to 2012, and several key leadership roles prior to that. Since
2022, Domenic has been a Senior Advisor at Boston Consulting Group,
where he consults on data, technology, and product strategies. He
received a BS in Mechanical Engineering from Johns Hopkins
University.
About Owen Wurzbacher
Owen Wurzbacher is an investment executive with experience
managing diverse investment portfolios. As the Chief Investment
Officer at HighSage Ventures, Owen sets the firm’s strategy and
oversees portfolio management. He received an AB from Harvard
University and a Masters of Education and Masters of Business
Administration from Stanford University.
Second Quarter 2024 Financial Results
In a separate press release issued today, ZoomInfo issued its
second quarter 2024 financial results. A conference call is
scheduled to begin today, August 5th, at 4:30 p.m. Eastern Time,
1:30 p.m. Pacific Time. To participate in the live conference call
via telephone, please register here. Upon registering, a dial-in
number and unique PIN will be provided to join the conference call.
The call will also be webcast live on the Company’s investor
relations website at https://ir.zoominfo.com/, where related
presentation materials will be posted prior to the conference call.
Following the conference call, an archived webcast of the call will
be available for one year on ZoomInfo’s Investor Relations
website.
Cautionary Statement Regarding Forward-Looking
Information
This press release contains “forward-looking statements” within
the meaning of the Private Securities Litigation Reform Act of
1995. Actual results may differ materially from those expressed or
implied by these statements. You can generally identify our
forward-looking statements by the words “anticipate”, “believe”,
“can”, “continue”, “could”, “estimate”, “expect”, “forecast”,
“goal”, “intend”, “may”, “might”, “objective”, “outlook”, “plan”,
“potential”, “predict”, “projection”, “seek”, “should”, “target”,
“trend”, “will”, “would” or the negative version of these words or
other comparable words. Any statements in this press release
regarding future revenue, earnings, margins, financial performance,
cash flow, growth in free cash flow per share, liquidity, or
results of operations (including, but not limited to, the guidance
provided under “Business Outlook”), and any other statements that
are not historical facts are forward-looking statements. We have
based our forward-looking statements on beliefs and assumptions
based on information available to us at the time the statements are
made. We caution you that assumptions, beliefs, expectations,
intentions and projections about future events may, and often do,
vary materially from actual results. Therefore, we cannot assure
you that actual results will not differ materially from those
expressed or implied by our forward-looking statements.
Factors that could cause actual results to differ from those
expressed or implied by our forward-looking statements include,
among other things: future economic, competitive, and regulatory
conditions, potential future uses of cash, the successful
integration of acquired businesses, and future decisions made by us
and our competitors. All of these factors are difficult or
impossible to predict accurately and many of them are beyond our
control. For a further list and description of these and other
important risks and uncertainties that may affect our future
operations, see Part I, Item 1A - Risk Factors in our most recent
Annual Report on Form 10-K filed with the Securities and Exchange
Commission, which we may update in Part II, Item 1A - Risk Factors
in Quarterly Reports on Form 10-Q we have filed or will file
hereafter. Our forward-looking statements do not reflect the
potential impact of any future acquisitions, mergers, dispositions,
joint ventures, investments, or other strategic transactions we may
make. Each forward-looking statement contained in this presentation
speaks only as of the date of this press release, and we undertake
no obligation to update or revise any forward-looking statements
whether as a result of new information, future developments or
otherwise, except as required by law.
About ZoomInfo
ZoomInfo (NASDAQ: ZI) is the trusted go-to-market platform for
businesses to find, acquire, and grow their customers. It delivers
accurate, real-time data, insights, and technology to more than
35,000 companies worldwide. Businesses use ZoomInfo to increase
efficiency, consolidate, technology stacks, and align their sales
and marketing teams - all in one platform. ZoomInfo is a recognized
leader in data privacy, with industry-leading GDPR and CCPA
compliance measures and numerous data security and privacy
certifications. For more information about how ZoomInfo can help
businesses grow their revenue at scale, please visit
www.zoominfo.com.
Website Disclosure
ZoomInfo intends to use its website as a distribution channel of
material company information. Financial and other important
information regarding the Company is routinely posted on and
accessible through the Company’s website at
https://ir.zoominfo.com/. Accordingly, you should monitor the
investor relations portion of our website at
https://ir.zoominfo.com/ in addition to following our press
releases, SEC filings, and public conference calls and webcasts. In
addition, you may automatically receive email alerts and other
information about ZoomInfo when you enroll your email address by
visiting the “Email Alerts” section of our investor relations page
at https://ir.zoominfo.com/.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20240805608360/en/
Investor: Jeremiah Sisitsky VP of Investor Relations
IR@zoominfo.com
Media: Meghan Barr VP, Communications (203) 216-1878
pr@zoominfo.com
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