New Chairman for LiveRamp

Enterprise data and analytics provider LiveRamp has appointed Clark Kokich as Non-Executive Chairman of the Board, replacing Jerry Gramaglia, who announced his intention not to seek re-election in February.

LiveRamp was acquired by Acxiom Corporation in 2014, but by 2018 had become dominant within it, to the extent that Acxiom sold its original Marketing Solutions business (AMS) in 2018 to marcoms giant Interpublic Group for $2.3bn in cash, with the remaining unit taking the LiveRamp name. It has since announced strong results, including a 35% increase in third quarter revenue to $80m; and in June it acquired Boston, MA-based media measurement company Data Plus Math.

Kokich (pictured), who has served on the firm's Board of Directors since 2016, was previously Executive Chairman of mobile and online ad company Marchex, Inc, after working as its Chief Strategy Officer from 2013 to 2015. Earlier roles include Chairman at marcoms and tech consultancy Razorfish, CEO of Calla Bay, Inc. and EVP / MD of Cole & Weber, a division of Ogilvy & Mather. He holds a bachelor's degree in finance from the University of Oregon.

LiveRamp CEO Scott Howe describes Kokich as 'a highly experienced leader who will bring added depth and perspective to our board of directors'. He adds: 'I want to thank Jerry for his leadership, mentorship and counsel during a period of incredible transformation and growth. During Jerry's tenure as Chairman, we have more than quadrupled the value of our shares and transformed ourselves into a category-creating software business. Jerry has been a champion of shareholder value and a driving force on this journey over the past 10 years'.

Web site: www.liveramp.com .

All articles 2006-23 written and edited by Mel Crowther and/or Nick Thomas, 2024- by Nick Thomas, unless otherwise stated.