Criteo Seeks New CEO as Clarken Plans Retirement

Megan Clarken, CEO of ad targeting and retargeting company Criteo, has informed the Board of Directors of her intention to retire within the next twelve months. She will retain her seat on the board until a successor is named, and remain in an advisory capacity until a transition is complete.

Criteo combines predictive software and consumer intent / purchasing data to deliver targeted ads in real time. Nielsen veteran Clarken joined the firm five years ago, replacing founding Chairman and CEO JB Rudelle. She spent the previous fifteen years in various positions at Nielsen; initially as VP of Web Analytics, then MD of Media Client Services in APMEA, and MD of Nielsen's digital businesses in both Asia Pacific and Australia, before becoming Chief Commercial Officer of Nielsen Global Media in 2019.

The Board is now employing exec search firm Heidrick & Struggles to help find the next CEO.

'On behalf of the entire Board', says Chair Rachel Picard, 'I want to extend our deepest gratitude to Megan for her strong leadership, deep passion and critical contributions to Criteo over the past five years. She has been instrumental in Criteo's growth and has led the successful transformation of the Company to become the end-to-end AdTech platform of choice in Retail and Commerce Media. As a result of her leadership and the team that she has built, Criteo is positioned to continue to capture market share and capitalize on emerging trends in the AdTech market'.

Clarken herself comments: 'I'm incredibly proud of what we've accomplished during my time as CEO of Criteo. It is an honor to work with the Criteo leadership team and so many exceptionally talented people. Together, we have navigated complex industry challenges and built differentiated capabilities that have transformed the company into a Commerce and Retail Media powerhouse... Working closely with the Board, I look forward to continuing to lead Criteo with my full focus, while ensuring that the succession is seamless'.

Web site: www.criteo.com .