David Evans, Chief Administrative Officer, announces retirement from Cardlytics

Rhea-AI Summary

On July 29, 2020, Cardlytics (NASDAQ: CDLX) announced the retirement of David Evans, chief administrative officer and former CFO, effective at the end of the quarter. Evans’ six-year tenure included significant contributions to Cardlytics’ transformation into a leading digital marketing platform. Key figures, including co-founders Scott Grimes and Lynne Laube, acknowledged Evans' vital role in executing the company's strategy and guiding its IPO in 2018. Cardlytics specializes in banking rewards programs that enhance customer loyalty by leveraging consumer spending insights.

Positive

• David Evans played a crucial role in Cardlytics' transformation into a leading digital marketing platform.
• He contributed significantly to the company's IPO in 2018, demonstrating strong leadership.

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• None.

ATLANTA, July 29, 2020 (GLOBE NEWSWIRE) -- Cardlytics, Inc., (NASDAQ: CDLX), an advertising platform in banks’ digital channels, announced today that David Evans, chief administrative officer and former chief financial officer, will retire from the Company at the end of the quarter after six years, including four as CFO. 

Evans helped drive Cardlytics’ transformation from an emerging technology company into a leading digital marketing platform.

“On behalf of the company and the Board of Directors, I want to thank David for his six years of exemplary service to Cardlytics,” said Scott Grimes, Cardlytics co-founder and executive chairman. “David was instrumental in developing and executing the company’s strategy that helped position us as a leader in our market.” 

Lynne Laube, Cardlytics co-founder and CEO added, “David was an incredible partner as we completed our IPO in 2018, and since then has helped guide Cardlytics as a public company. He has been a strategic and valued partner to our business leaders, and I appreciate his support in my recent transition to CEO.” 

Evans added, “I would like to thank the Board, Scott and Lynne, and the talented team at Cardlytics. It was an honor and a privilege to work alongside such a fine group of individuals and I am grateful for the six exciting and impactful years at the company.” 

About Cardlytics
Cardlytics (NASDAQ: CDLX) is an advertising platform in banks’ digital channels. We partner with financial institutions to run their banking rewards programs that promote customer loyalty and deepen banking relationships. In turn, we have a secure view into where and when consumers are spending their money. We use these insights to help marketers identify, reach, and influence likely buyers at scale, as well as measure the true sales impact of marketing campaigns. Headquartered in Atlanta, Cardlytics has offices in London, New York, San Francisco and Visakhapatnam. Learn more at www.cardlytics.com.

Contacts:

Public Relations:
ICR
cardlyticspr@icrinc.com

FAQ

Who is retiring from Cardlytics as of July 29, 2020?

David Evans, chief administrative officer and former CFO, is retiring from Cardlytics.

What position did David Evans hold at Cardlytics?

David Evans served as the chief administrative officer and previously as the chief financial officer.

What impact did David Evans have on Cardlytics?

David Evans played a key role in transforming Cardlytics into a leading digital marketing platform and contributed to its IPO in 2018.

What does Cardlytics specialize in?

Cardlytics specializes in advertising within banks' digital channels, focusing on customer loyalty and insights into consumer spending.

When is David Evans' retirement effective?

David Evans' retirement will be effective at the end of the quarter.