Quotient Technology Inc. (NYSE: QUOT) (“Quotient” or the “Company”), a leading digital promotions and media technology company, today announced the appointment of Allison Metcalfe as Chief Revenue Officer, effective immediately. In addition, Scott Raskin is stepping down as President and will remain in his role until March 31, 2023, to ensure a smooth transition.
“After a thoughtful search, we are thrilled to welcome Allison to our leadership team,” said Matt Krepsik, CEO of Quotient. “Her proven record of success comprises global team management, sales development, overseeing significant revenue growth and implementing marketing solutions that are programmatic and audience focused. Her breadth of experience in AdTech and digital marketing will bring a fresh perspective to our leadership team that we will leverage as we continue to build out our network, data and technology in the months ahead.”
“We have focused on our core products and strengths of the business, realigned our cost and capital structure and bolstered our management team. We look forward to sharing more about the continuing transformation underway at Quotient at our upcoming year-end earnings call.”
Ms. Metcalfe is a seasoned executive with over 15 years of leadership experience in the advertising technology industry. She has an extensive history of developing customer and metric driven go-to-market strategies, scaling businesses, driving strong customer experiences, and building effective teams that hit revenue growth and margin objectives. She most recently served as Chief Revenue Officer of Demandbase, where she led a global team of 400 people across all go-to-market functions. Prior to Demandbase, Allison spent seven years at LiveRamp, most recently serving as SVP Go To Market Strategy, Partnerships and Productivity.
“I am excited to join Quotient, a dynamic company that I believe has the network, data and platform to be the provider of choice for digital promotions and media across the industry,” said Ms. Metcalfe. “I look forward to working closely with Matt and the rest of the team to advance the important strategic and financial initiatives already underway.”
Mr. Krepsik continued, “On behalf of the entire Quotient team, I want to thank Scott for his contributions and leadership. Having served as our Lead Independent Director prior to stepping into the role of President in 2019, Scott has been instrumental in transforming the business, including leading the integration of several acquisitions, bringing in new talent, enhancing our cost structure and evolving our go-to-market strategy to position us well for future growth. On a personal level, Scott has been a true partner, mentor and friend. We appreciate his continued support in the coming months and wish him all the best in his future endeavors.”
Mr. Raskin said, “It has been incredibly rewarding to work with Quotient’s talented team and to be a part of the exciting and transformative work underway over the past few years. I have the utmost confidence in Matt and the leadership team’s ability to continue executing its strategic plan, and I firmly believe the best is yet to come.”
The Company does not intend to fill the role of President at this time and will eliminate the role as part of the Company’s continued business transformation.
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