Co-Founder and Former CEO Aditya Vuchi Continues
Support of the Company as a Member of MediaMint's Board of
Directors
SAN
FRANCISCO, July 19, 2024 /PRNewswire/ -- MediaMint, a
global AI-powered revenue and media operations services provider
backed by Everstone Capital and Recognize, today
announced the appointment of Rajeev
Butani as Chief Executive Officer. Mr. Butani replaces
current CEO and co-founder Aditya Vuchi, who will continue to
support MediaMint as a member of the company's Board of
Directors.
"As we continue to accelerate innovation and revenue realization
for businesses worldwide, we are excited to have Rajeev serve as
CEO to guide us through the next phase of MediaMint's expansion,"
said Mr. Vuchi, who served as MediaMint's CEO for the previous 14
years. "Rajeev has served as Executive Chairman of the company and
understands our business and culture and we look forward to his
collaboration with MediaMint leadership, employees, and customers
to build on our past successes."
Prior to joining MediaMint in 2023 as Executive Chairman, Mr.
Butani served with Accenture for more than 25 years, most recently
as the Senior Managing Director and Group Technology Officer for
Accenture's Communications, Media, and Technology Operating Group
globally. He also served on Accenture's Global Leadership
Counsel.
"Rajeev is the right person to help drive adoption of
MediaMint's next generation services and going forward to help us
identify acquisitions that will complement MediaMint's vision of an
AI-powered platform of services," said Avnish Mehra, Vice
Chairman, Private Equity at Everstone Capital, and David Wasserman, Co-Founder and Managing Partner
at Recognize. "We are delighted to have Aditya's full support in
this transition and look forward to Rajeev's stewardship as we
expand MediaMint's global business."
With 2,000 employees across offices in San Francisco, New
York, Hyderabad, and
Krakow, MediaMint delivers operational support for digital
marketing, including ad operations, creative services, and customer
services. The company serves over 100 global customers, including
prominent digital marketing platforms, publishers, and agencies.
The digital marketing landscape is growing, driven by the
proliferation of digital channels and creator platforms, enhanced
data capabilities, and the increasing popularity of user generated
digital content. As more businesses venture into digital
advertising, MediaMint is strategically positioned to optimize
advertising performance and reduce operational costs associated
with establishing digital ad platforms, managing ad operations, and
refining ad creatives.
About MediaMint
MediaMint is the trusted advertising
operations partner for leading global media and technology
companies. Founded in 2010 by Aditya Vuchi and Neelima Marupuru and
led by industry veterans, the company has leveraged its extensive
expertise to help clients expand and scale their business
operations worldwide. For more information,
visit www.mediamint.com.
About Everstone Capital
Singapore-headquartered Everstone Capital, the
private equity arm of the Everstone Group, is a global firm
committed to driving economic growth and creating sustainable
value. With seven offices worldwide - in Singapore, Mumbai, Delhi, Gurugram, Dubai, New
York, and Mauritius -
Everstone Capital focuses on the mid-market, adopting a control
mindset and growth bias. The firm's approach combines best-in-class
investing, and operations, leveraging the team's extensive
experience and skills. For more information, visit Everstone
Capital and LinkedIn.
About Recognize
Recognize is an investment platform
exclusively focused on the digital services industry. The firm
provides operational expertise, industry insights and strategic
capital to innovative companies in this sector. To learn more,
visit www.recognize.com and LinkedIn.
Contact: Chris Tofalli
Chris Tofalli Public Relations, LLC
914-954-8737
chris@tofallipr.com
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SOURCE MediaMint