BOSTON–(BUSINESS THREAD)–Semrush (NYSE: SEMR ), a leading online visibility management SaaS platform, has appointed Bill Wagner to its board as an independent non-executive director.
“We are delighted to welcome Bill to our Board of Directors. He brings over 20 years of SaaS industry experience that supports our management and operational expertise, and leadership in software innovation,” said Oleg Shchegolev, Semrush CEO. “Attracting leaders like Bill to our board demonstrates that our exciting growth trajectory continues.”
Wagner served as president and CEO of GoTo (formerly LogMeIn, Inc.), one of the world’s largest software-as-a-service (SaaS) companies, from 2015 to 2022, after joining the company as COO in 2013. During his tenure, LogMeIn grew from a small-cap public company with $140 million in revenue to an industry leader with 4,000 employees, 2 million customers and more than 1,000 million dollars in revenue. LogMeIn was acquired by Francisco Partners and Evergreen Coast Capital for $4.3 billion in 2020.
Wagner serves on the board of directors of Akamai (NASDAQ: AKAM ) and ChurnZero, a privately held SaaS company. He also serves on the board of advisors for BUILD Boston, an organization dedicated to the educational and professional success of youth from under-resourced communities.
“Prior to being a CEO, I oversaw marketing organizations and saw teams struggle to manage the various tools needed to run a modern, digitally-focused marketing department. Because of that experience, I immediately recognized the value of Semrush’s approach to bringing together SEO, content marketing, competitive research, PPC and social media marketing into a unified and highly differentiated SaaS platform,” said Wagner. “I look forward to working with Oleg and the Semrush team as the company continues to grow and gain share in this large and developing market.”
Semrush remains focused on strengthening its leadership and talent acquisition at all levels of the organization, including the Board of Directors. Wagner will serve as a Class II director and is expected to be included on the Company’s slate of nominees for election to the Board at the 2023 Annual Meeting of Stockholders. Wagner joins a team of tech, internet and investment industry veterans such as Semrush founders Oleg Shchegolev and Dmitri Melnikov; former Zynga and App Annie CFO Mark Vranesh; Dylan Pearce, Partner at Greycroft; Siguler Guff CEO Roman Simonov and former Vistaprint CEO Trynka Shineman.
About Semrush
Semrush is a leading online visibility management SaaS platform that enables businesses worldwide to run competitive search engine optimization, pay-per-click, content, social media and search campaigns and achieve measurable marketing results in line Semrush provides insights and solutions for businesses to create, manage and measure campaigns across multiple marketing channels. With more than 91,000 paying customers, Semrush is headquartered in Boston with offices in Philadelphia, Dallas, Amsterdam, Berlin, Barcelona, Prague, Warsaw, Belgrade and Limassol, as well as new locations in Turkey, Armenia and Georgia.
Forward-looking statements
This press release may include forward-looking statements about Semrush’s growth, market size and development for its products and future leadership. These forward-looking statements can be identified by the use of the following words (among others): “continues,” “remains,” “believes,” “expects,” “may,” “will,” “plans,” ” it should”. ” or “anticipates,” or comparable words and their negatives. These forward-looking statements are not guarantees, but are subject to risks and uncertainties that could cause actual results to differ materially from the expectations contained in such statements. For a discussion of such risks and uncertainties, see “Risk Factors” in Semrush’s filings with the Securities and Exchange Commission, including its most recent quarterly report on Form 10-Q.Semrush undertakes no obligation to update any forward-looking statements contained herein press release in the event of changing circumstances or otherwise, and such statements are current only as of the date they are made.
[ad_2]
Source link
