DOUBLECLICK ANNOUNCES EXECUTIVE PROMOTIONS
PR Wire
April 22, 1999, 9:15 a.m. PT
NEW YORK, April 22 /PRNewswire/ -- DoubleClick Inc., (Nasdaq: DCLK) the
leading Internet advertising solutions company, today announced the promotion
of several key executives. Jeff Epstein moves from CFO to Executive Vice
President; Stephen Collins to Chief Financial Officer; David Rosenblatt to
Vice President and General Manager of Closed Loop Marketing; Chris Saridakis
to Vice President and General Manager of DART; Laura Ianuly to Vice President
of Human Resources and Jonathan Shapiro to Vice President of Business
Development.
Epstein moves from Chief Financial Officer to Executive Vice President.
As CFO, Epstein was instrumental in helping the company raise over
$350 million in cash for expansion. In his new position he will be exploring
possibilities ranging from large business deals, minority investments,
international refinancings, acquisitions of both small startups and large
companies.
Collins' primary responsibility as Chief Financial Officer will be to
ensure the company continues to achieve its financial and operational
objectives. Collins, who joined the company in January 1997 as Controller,
established all of the company's financial operations and led the company
through its successful initial public offering in February of 1998.
"Acquisitions and strategic deals will become a more important part of our
growth strategy in the next year and Epstein's experience on Wall Street is a
unique fit," continues Ryan. "Given Collins' earlier experience at
DoubleClick and international background he will be essential in managing our
global financial growth."
Rosenblatt and Saridakis will now assume Vice President positions. Both
have been aggressive in transforming two technology products, DART and Closed
Loop, from new product stages to a fundamental part of the company's success.
To-date, DART accounts for 17% of revenue and 40% of gross profit.
"We are positioning the organization for future growth," said Kevin Ryan,
President, DoubleClick Inc. "As we continue to grow we remain committed to
building teams that can anticipate the needs of Internet advertisers and
publishers and developing solutions to solve their needs."
Formerly Director of HR, over the past year and a half Ianuly has built
the department from scratch and is credited with bringing in talented people
and helping create a great work environment with low turnover.
In order to continue developing the company's data products, Shapiro will
now head this initiative. He will be responsible for building what the company
expects to be a fundamental part of its core business.
About DoubleClick, Inc.
DoubleClick Inc. (http://www.doubleclick.net) is a leading provider of
comprehensive global Internet advertising solutions for marketers and Web
publishers. Combining technology and media expertise, DoubleClick centralizes
planning, execution, control, tracking and reporting for online media
campaigns. DoubleClick Inc. has U.S. headquarters in New York City,
international headquarters in Dublin and maintains offices in Amsterdam,
Paris, London, Oslo, Helsinki, Barcelona, Copenhagen, Tokyo, Madrid, Milan,
Munich, Dusseldorf, Sydney, Hamburg, Stockholm, Toronto, Montreal, Atlanta,
Boston, Chicago, Detroit, Dallas, Los Angeles and San Francisco.
SOURCE DoubleClick Inc.
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