BERLIN, June 17, 2021 /PRNewswire/ -- Spark Networks SE
(NYSE American: LOV), a leading social dating platform for
meaningful relationships today announced the
appointment of David Clark as Chief
Financial Officer, effective August
10th, 2021.
Mr. Clark brings more than 20 years of public company CFO
experience to his role at Spark Networks. He currently serves as
Chief Financial Officer for Synchronoss Technologies, Inc., a
global leader and innovator in cloud, messaging, digital and IoT
products. Prior to Synchronoss, Mr. Clark served as the CFO
of The Meet Group, a subsidiary of ParshipMeet Group, a leading
provider of interactive dating solutions, including some of the
world's largest livestreaming video dating apps. He was the
CFO of Nutrisystem from 2007 to 2013. Clark's first CFO role was at
Suncom Wireless from 1997 to 2006, where he successfully scaled the
company to more than $800 million in
revenue, before ultimately merging the company with T-Mobile. He is
a graduate of Boston College with a
B.S. in Accounting and Economics.
"David brings a wealth of public market experience and strong
industry knowledge to our executive team, and we are delighted to
welcome him to Spark," said Eric
Eichmann, CEO of Spark Networks. "I am confident that
his financial acumen and industry experience will help
improve our capital structure and strengthen our financial
market presence."
"I am very pleased to join Spark at such an exciting time for
the company as it embarks on a new chapter within the rapidly
growing social discovery space," said Mr. Clark. "I look forward to
working with the entire Spark team to execute Spark's strategic
growth plans in social dating for meaningful relationships."
Safe Harbor Statement:
This press release contains
forward-looking statements within the meaning of Section 27A of the
Securities Act of 1933, as amended, and Section 21E of the
Securities Exchange Act of 1934, as amended, statements involving
known and unknown risks, uncertainties, and other factors that may
cause Spark Networks' performance or achievements to be materially
different from those of any expected future results, performance,
or achievements. These statements include without limitation
statements regarding the expected benefits to Spark Networks of
David Clark's appointment as Chief
Financial Officer.
Any statements in this press release that are not statements of
historical fact may be considered to be forward-looking statements.
Written words, such as "believes," "hopes," "intends," "estimates,"
"expects," "projects," "plans," "anticipates," and variations
thereof, or the use of future tense, identify forward-looking
statements. By their nature, forward-looking statements and
forecasts involve risks and uncertainties because they relate to
events and depend on circumstances that will occur in the near
future. There are a number of factors that could cause actual
results and developments to differ materially, including, but not
limited to, the risk that the benefits from the acquisition of
Zoosk, Inc. may not be fully realized or may take longer to realize
than expected; risks related to the degree of competition in the
markets in which Spark Networks operates; risks related to the
ability of Spark Networks to retain and hire key personnel,
operating results and business generally; the timing and market
acceptance of new products introduced by Spark Networks'
competitors; Spark Networks' ability to identify potential
acquisitions; Spark Networks' ability to comply with new and
evolving regulations relating to data protection and data privacy;
general competition and price measures in the market place; risks
related to the duration and severity of COVID-19 and its impact on
Spark Networks' business; and general economic conditions.
Additional factors that could cause actual results to differ are
discussed under the heading "Risk Factors" in Spark Networks'
Annual Report on Form 10-K for the year ended December 31, 2020 and in other sections of Spark
Networks' filings with the Securities and Exchange Commission
("SEC"), and in Spark Networks' other current and periodic reports
filed or furnished from time to time with the SEC. All
forward-looking statements in this press release are made as of the
date hereof, based on information available to the Company as of
the date hereof, and the Company assumes no obligation to update
any forward-looking statement except as required by law.
About Spark Networks SE:
Spark Networks SE is a
leading global dating company, listed on the New York Stock
Exchange American under the ticker symbol "LOV," with headquarters
in Berlin, Germany, and offices in
New York and Utah. The Company's widening portfolio of
premium and freemium dating apps include Zoosk, EliteSingles,
SilverSingles, Christian Mingle,
Jdate, and JSwipe, among others. Spark Networks SE in its current
form is the result of the merger between Affinitas GmbH and Spark
Networks, Inc. in 2017 and the addition of Zoosk, Inc. in 2019.
Spark has approximately one million monthly paying subscribers
globally.
For More
Information
Investors:
Christopher Camarra
Vice President of Investor Relations
christopher.camarra@spark.net
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SOURCE Spark Networks SE
