OB - Outbrain Announces David Kostman as Sole CEO with Yaron Galai Remaining as Chairman and Advisor | Benzinga
NEW YORK, Feb. 29, 2024 (GLOBE NEWSWIRE) -- Outbrain Inc. (NASDAQ:OB), a leading technology platform that drives business results by engaging people across the Open Internet, announced today that David Kostman will assume the role of sole CEO of Outbrain. The company's co-Founder and co-CEO, Yaron Galai, who has shared management responsibility with Kostman since 2017, will step down from his role as co-CEO, effective April 1, 2024. Galai will remain the Chairman of the Board and will serve in an advisor role until year-end.
"After over 17 years as Outbrain's CEO, with the last six years partnering closely with David, the Board and I have agreed that it's the right time for me to step down from the co-CEO position," said Galai. "I am very proud of the accomplishments of the Outbrain team, and am excited about the company's strategic direction, including the growth of new offerings such as Onyx and Keystone. I am highly confident in the incredible team we have in place under the leadership of David and the rest of the management team. I look forward to staying on as Chairman of the Board, and as advisor to the company until the end of 2024."
"I want to thank Yaron for founding and building this amazing company and for the great partnership ...