58 posts and columns on reorganization
Social advertising technology company Adaptly has added Interclick founder Michael Katz to its board. Katz recently left Yahoo under tense circumstances, as part of a larger company advertising reorganization. That aside, Katz is a well-regarded entrepreneur and innovator in the ad tech space; he took Interclick public and sold it to Yahoo for $270 million in late 2011. Adaptly works with a range of big brands, using a consolidated platform to complete a social media ad buys across multiple social networks such as Facebook and Twitter. The New York-based startup has raised about $13 million in funding so far.
I just got some more deets of the Yahoo advertising reorganization by COO Henrique De Castro, which started taking place last week. As I previously reported, it’s a major shift of sales staff to a “category” model rather than one that is regional and tiered. Sources say that Mark Ellis, who has been VP of North American sales and global partnerships, still has a similar title, but now has a job with more responsibility and influence. Interestingly, Peter Foster, who has headed audience advertising, is now in charge of new sales enablement group, which includes sales engineering and training, as well as the mid-market segment. Both will apparently report up to another exec, who is still to be determined.