IZEA Appoints Digital Leader Patrick Venetucci as Chief Executive Officer
IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading influencer marketing technology provider, has appointed Patrick Venetucci as its new Chief Executive Officer. Venetucci, with over 30 years of experience in marketing and media, brings expertise in social, mobile, and data, as well as M&A skills. He previously served as CEO of MERGE, where he tripled revenue and profits, and held a 20-year tenure at Leo Burnett as President of Global Operations.
This transition marks the departure of IZEA's founder and current CEO Ted Murphy, along with President and COO Ryan Schram. Murphy, who founded IZEA in 2006 as the first influencer marketing platform, led the company through significant growth and innovation, including its NASDAQ listing. Venetucci aims to leverage his experience to drive IZEA's next phase of growth in the Creator Economy.
IZEA Worldwide, Inc. (NASDAQ: IZEA), un fornitore leader di tecnologia per il marketing degli influencer, ha nominato Patrick Venetucci come suo nuovo Amministratore Delegato. Venetucci, con oltre 30 anni di esperienza nel marketing e nei media, porta competenze in ambito social, mobile e dati, oltre a capacità nel settore delle fusioni e acquisizioni. In precedenza, ha ricoperto il ruolo di CEO di MERGE, dove ha triplicato entrate e profitti, e ha avuto un'esperienza di 20 anni in Leo Burnett come Presidente delle Operazioni Globali.
Questo passaggio segna l'uscita del fondatore di IZEA e attuale CEO Ted Murphy, insieme al Presidente e COO Ryan Schram. Murphy, che ha fondato IZEA nel 2006 come la prima piattaforma di marketing degli influencer, ha guidato l'azienda attraverso una significativa crescita e innovazione, inclusa la sua quotazione al NASDAQ. Venetucci mira a sfruttare la sua esperienza per guidare la prossima fase di crescita di IZEA nell'Economia dei Creatori.
IZEA Worldwide, Inc. (NASDAQ: IZEA), un proveedor líder de tecnología de marketing de influencers, ha nombrado a Patrick Venetucci como su nuevo Director Ejecutivo. Venetucci, con más de 30 años de experiencia en marketing y medios, aporta experiencia en social, móvil y datos, así como habilidades en fusiones y adquisiciones. Anteriormente, se desempeñó como CEO de MERGE, donde triplicó ingresos y ganancias, y tuvo una carrera de 20 años en Leo Burnett como Presidente de Operaciones Globales.
Esta transición marca la salida del fundador de IZEA y actual CEO Ted Murphy, junto con el Presidente y COO Ryan Schram. Murphy, quien fundó IZEA en 2006 como la primera plataforma de marketing de influencers, dirigió la compañía a través de un crecimiento e innovación significativos, incluida su cotización en NASDAQ. Venetucci pretende aprovechar su experiencia para impulsar la próxima fase de crecimiento de IZEA en la Economía de los Creadores.
IZEA Worldwide, Inc. (NASDAQ: IZEA), 선도적인 인플루언서 마케팅 기술 제공업체가 Patrick Venetucci를 새로운 CEO로 임명했습니다. Venetucci는 마케팅 및 미디어 분야에서 30년 이상의 경험을 갖추고 있으며, 소셜, 모바일 및 데이터 분야의 전문성과 인수합병(M&A) 기술을 보유하고 있습니다. 그는 이전에 MERGE의 CEO로 재직하며 수익과 이익을 세 배로 늘렸으며, Leo Burnett에서 20년간 글로벌 운영 책임자로 근무했습니다.
이번 전환은 IZEA의 창립자이자 현 CEO인 Ted Murphy와 사장 겸 COO인 Ryan Schram의 퇴임을 의미합니다. Murphy는 2006년에 IZEA를 첫 인플루언서 마케팅 플랫폼으로 설립했으며, NASDAQ 상장을 포함한 중요한 성장과 혁신을 이끌었습니다. Venetucci는 자신의 경험을 활용해 Creator Economy에서 IZEA의 다음 성장 단계를 이끌 계획입니다.
IZEA Worldwide, Inc. (NASDAQ: IZEA), un fournisseur de technologie de marketing d'influence de premier plan, a nommé Patrick Venetucci comme son nouveau PDG. Venetucci, qui possède plus de 30 ans d'expérience dans le marketing et les médias, apporte une expertise en social, mobile et données, ainsi que des compétences en fusions et acquisitions. Auparavant, il a été PDG de MERGE, où il a triplé le chiffre d'affaires et les bénéfices, et a exercé pendant 20 ans chez Leo Burnett en tant que Président des opérations mondiales.
Cette transition marque le départ du fondateur d'IZEA et actuel PDG Ted Murphy, ainsi que du Président et COO Ryan Schram. Murphy, qui a fondé IZEA en 2006 en tant que première plateforme de marketing d'influence, a conduit l'entreprise à travers une croissance et une innovation significatives, y compris son inscription au NASDAQ. Venetucci vise à tirer parti de son expérience pour propulser la prochaine phase de croissance d'IZEA dans l'économie des créateurs.
IZEA Worldwide, Inc. (NASDAQ: IZEA), ein führender Anbieter von Influencer-Marketing-Technologie, hat Patrick Venetucci als neuen Geschäftsführer ernannt. Venetucci bringt über 30 Jahre Erfahrung im Marketing und in den Medien mit, sowie Fachkenntnisse in den Bereichen Social Media, Mobile und Daten sowie M&A-Fähigkeiten. Zuvor war er CEO von MERGE, wo er Umsatz und Gewinn verdreifachte, und hatte eine 20-jährige Karriere bei Leo Burnett als Präsident der globalen Operationen.
Dieser Übergang markiert den Abschied des Gründers und aktuellen CEO von IZEA, Ted Murphy, zusammen mit Präsident und COO Ryan Schram. Murphy, der 2006 IZEA als erste Influencer-Marketing-Plattform gründete, führte das Unternehmen durch bedeutendes Wachstum und Innovation, einschließlich der NASDAQ-Notierung. Venetucci hat das Ziel, seine Erfahrungen zu nutzen, um die nächste Wachstumsphase von IZEA in der Creator Economy voranzutreiben.
- Appointment of experienced CEO Patrick Venetucci with 30+ years in marketing and media
- Venetucci's track record of tripling revenue and profits at previous company MERGE
- New CEO's expertise in social, mobile, data, and M&A aligns with IZEA's growth strategy
- Venetucci's familiarity with IZEA, having served on the board since 2018
- Departure of founder and current CEO Ted Murphy
- Simultaneous exit of President and COO Ryan Schram
- Potential disruption in leadership continuity during transition
Accomplished Executive to Drive Next Phase of Growth and Innovation in the Creator Economy
ORLANDO, Fla., Sept. 09, 2024 (GLOBE NEWSWIRE) -- IZEA Worldwide, Inc. (NASDAQ: IZEA), a leading provider of influencer marketing technology today announced the appointment of Patrick Venetucci as the company's new Chief Executive Officer. A transformational leader with a proven track record of spearheading rapid growth and innovation, Mr. Venetucci brings more than 30 years of experience in the marketing and media industries, as well as extensive M&A expertise.
"Patrick’s experience is a great fit for IZEA's future,” said Lindsay Gardner, Chairman of IZEA. “His deep expertise in social, mobile, and data, along with his visionary leadership, will drive our continued growth. Venetucci has been on the Board since 2018 and knows the company well." Over the last decade, Venetucci has excelled as an entrepreneur in digital innovation. Most recently, as CEO of MERGE, a private equity-backed company, he rapidly scaled the business, tripling both revenue and profits. Before that, he spent 20 years at Leo Burnett as President of Global Operations, leading groundbreaking, fully-integrated campaigns for Fortune 500 clients and pioneering Samsung’s global social media strategy and operations.
As part of this transition, IZEA's founder and current Chief Executive Officer Ted Murphy, along with President and Chief Operating Officer Ryan Schram, will be stepping down from their respective roles and departing the company. "It has been an incredible journey leading IZEA for the last 18 years," said Murphy. "I am extremely proud of what we have accomplished together and confident in Patrick's ability to guide IZEA into its next chapter of growth."
Mr. Murphy founded IZEA in 2006, the first influencer marketing platform, and played a pivotal role in creating an entire industry. Under his leadership, IZEA created software that facilitated nearly four million transactions with creators of all sizes, led IZEA through its public listing as a NASDAQ-traded company, and drove significant innovation and growth. "Ted's inspired and infectious leadership built the foundation for IZEA's success and turned the company into an industry trailblazer," said Gardner. "We thank him for his immeasurable contributions to the influencer marketing space and the indelible mark he has left on this industry."
“I am incredibly excited to step into this role at such a pivotal time for IZEA,” Venetucci said. With our relentless pursuit of innovation in the Creator Economy and a talented team by my side, we are ready to take influencer marketing to the next level, bringing even more value to our clients and the creators who inspire the world.”
As the new CEO of IZEA, Patrick will leverage his extensive expertise in scaling businesses profitably within the evolving digital landscape while building upon IZEA’s foundation of creativity, collaboration, and innovation to propel its next phase of growth.
About IZEA Worldwide, Inc.
IZEA Worldwide, Inc. (“IZEA”) is a marketing technology company providing software and professional services that enable brands to collaborate and transact with the full spectrum of today’s top social influencers and content creators. The company serves as a champion for the growing Creator Economy, enabling individuals to monetize their content, creativity, and influence. IZEA launched the industry’s first-ever influencer marketing platform in 2006 and has since facilitated nearly 4 million transactions between online buyers and sellers. Leading brands and agencies partner with IZEA to increase digital engagement, diversify brand voice, scale content production, and drive a measurable return on investment.
Safe Harbor Statement
All statements in this release that are not based on historical fact are “forward-looking statements” intended to qualify for the safe harbor from liability established by the Private Securities Litigation Reform Act of 1995. Forward-looking statements, which are based on certain assumptions and describe our future plans, strategies and expectations, can generally be identified by the use of forward-looking terms such as “may,” “will,” “would,” “could,” “should,” “expect,” “anticipate,” “hope,” “estimate,” “believe,” “intend,” “optimistic,” “likely,” “projects,” “plans,” “pursue,” “strategy” or “future,” or the negative of these words or other words or expressions of similar meaning. Examples of forward-looking statements include, among others, statements we make regarding expectations concerning IZEA’s ability to increase revenue and bookings, growth or maintenance of customer relationships, and expectations concerning IZEA’s business strategy. Forward-looking statements involve inherent risks and uncertainties which could cause actual results to differ materially from those in the forward-looking statements, as a result of various factors including, among others, the following: competitive conditions in the content and social sponsorship segment in which IZEA operates; failure to popularize one or more of the marketplace platforms of IZEA; our ability to integrate acquisitions within expected timeframes and to achieve the revenue, cost savings and earnings levels from such acquisition at or above the levels projected; changing economic conditions that are less favorable than expected; and other risks and uncertainties described in IZEA’s periodic reports filed with the Securities and Exchange Commission. The forward-looking statements made in this release speak only as of the date of this release, and IZEA assumes no obligation to update any such forward-looking statements to reflect actual results or changes in expectations, except as otherwise required by law.
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