Business
Cardlytics Announces CFO Transition
ATLANTA, March 22, 2023 (GLOBE NEWSWIRE) -- Cardlytics (NASDAQ: CDLX), an advertising platform in banks’ digital channels, announced today that Andy
About this update from Cardlytics, Inc. Common Stock
[{"type":"text","content":"ATLANTA, March 22, 2023 (GLOBE NEWSWIRE) -- Cardlytics (NASDAQ: CDLX), an advertising platform in banks’ digital channels, announced today that Andy Christiansen, Chief Financial Officer, informed the Company on March 17, 2023 that he is resigning from his position effective July 21, 2023. Christiansen will remain in his position during the transition period. Christiansen will step down from his role after more than three years as CFO and over 8 years in all with the Company. Cardlytics has retained a leading executive search firm to assist in conducting a comprehensive search process to identify Christiansen’s successor. Karim Temsamani, Chief Executive Officer, said, \"I would like to thank Andy for his many years of service as CFO and previously as Controller. Andy’s contributions have us well-positioned to achieve our short- and long-term financial goals, including achieving positive free cash flow in the third quarter and successfully resolving the Bridg earnout dispute next month. I sincerely appreciate Andy's contributions and wish him all the best going forward.\" “I want to thank Andy for his hard work and collaboration with the Audit Committee and Board,” said John Balen, Chairman of the Board. “He has been a key leader at Cardlytics and played an integral part in guiding the Company through its initial public offering and subsequent growth. On behalf of the Board, I wish him success as he continues forward in his career.” About Cardlytics Cardlytics (NASDAQ: CDLX) is a digital advertising platform. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in Palo Alto, New York, Los Angeles, and London. Learn more at www.cardlytics.com. Cautionary Language Concerning Forward-Looking Statements This press release contains \"forward-looking statements\" within the meaning of the \"safe harbor\" provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, our ability to achieve short-term and long-term financial ...