Criteo Launches Search for New CFO

Benoit Fouilland, Chief Financial Officer of ad targeting and retargeting specialist Criteo, has announced plans to leave the company during the second quarter of 2020, and the firm has begun a search for his replacement.

Criteo combines predictive software and consumer intent / purchasing data to deliver targeted ads in real time. The firm has 2,500 employees in more than 30 offices across the Americas, Europe and Asia Pacific, serving over 15,000 advertisers worldwide. Fouilland (pictured) joined in 2012, and during his eight-year tenure with the firm has been responsible for finance, legal, corporate development, the 'strategic project office' and IT. In addition, he helped take the company public on the NASDAQ Global Market, and scaled it to support growth from $200m revenue to $2.3 billion globally. In a statement, Fouilland said he will be leaving to 'pursue new professional endeavors'.

Criteo has launched a search for a replacement CFO, and Fouilland will play an active role in identifying and hiring his successor. CEO Megan Clarken comments: 'Benoit has played a pivotal role at Criteo over the last eight years, particularly in driving financial discipline to develop a powerful financial model with strong profitability and cash flow generation. He has been a great partner since I joined Criteo. While we'll all be sad to see him leave at the end of June, we wish Benoit all the best in his new endeavors'.

Web site: www.criteo.com .