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Kubient Nominates Digital Advertising Industry Experts Jon Bond and Larry Harris for Election to Board of Directors

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Kubient, Inc. (NasdaqCM: KBNT) announced the nomination of Jon Bond and Larry Harris to its Board of Directors, set for election on June 30, 2021. Bond brings over 35 years of advertising experience, having co-founded several successful firms, including Kirshenbaum Bond Senecal and Big Fuel. Harris, founder of Alpha Precision Media, has a strong background in adtech. Kubient's leadership aims to leverage their expertise to enhance growth within the programmatic digital advertising space. This strategic move is intended to strengthen the company's operational capabilities as it seeks to scale.

Positive
  • Nomination of experienced industry experts Jon Bond and Larry Harris expected to enhance board leadership.
  • Both nominees have extensive backgrounds in digital advertising, offering potential growth insights.
Negative
  • No previous direct experience on Kubient's board could present a continuity challenge.
  • The transition with new board members may introduce temporary operational uncertainties.

NEW YORK, May 21, 2021 /PRNewswire/ -- Kubient, Inc. (NasdaqCM: KBNT, KBNTW) ("Kubient" or the "Company"), a cloud-based software platform for digital advertising, has announced that the Board of Directors has nominated Jonathan "Jon" Bond and Lawrence "Larry" Harris to be elected as directors at the Company's annual meeting of stockholders on June 30, 2021.

Bond brings over 35 years of experience within the advertising and marketing space and is considered to be one of the industry's most recognized thought leaders and entrepreneurs. He has had significant success holding senior level executive roles and starting companies from the ground up. Bond was previously the Co-Founder and CEO of Kirshenbaum Bond Senecal & Partners ("KBP") and served as the CEO of Big Fuel, which is now part of Publicis, one of the world's largest social media agencies that serves blue chip clients. He also helped establish iballs, one of the first online media agencies, which sold to Microsoft, co-founded Media Kitchen and Varick under the KBP umbrella and has had investments and/or board roles at White Ops, Compound, TZP Group, Victors and Spoils which is now part of Havas, Simplifi, Appinions, Data Xu, BlackBook magazine and Klout. Bond is currently fractional Chief Marketing Officer and Partner of Blue Bear Protection, Lacure and Halo Collar and a member of the board of directors of Sonobi, Inc. Bond received a Bachelor of Arts from Washington University in St. Louis.

Harris currently serves as the Founder and CEO of Alpha Precision Media, an adtech company that leverages Amazon's data and technology to build brand value and turbocharge sales. Additionally, he is also the Managing Partner of Glarris Consulting, which provides strategic advisory services to companies, organizations and startups. Prior to his tenure, Harris served as CEO of Sightly, a performance video advertising firm, Co-Founder and CEO of Ansible Mobile, an Interpublic Group mobile marketing company, Chief Strategy Officer at Kiosked, a publisher of digital advertising, and Chief Marketing Officer of PubMatic, Inc., an advertising technology company. He has also served as an advisor to a number of companies in the advertising technology industry, including SafeGuard Privacy, Qntfy, Reset Digital, and Thunder11. Harris holds a Bachelor of Arts from Harvard University.

"As we continue to position Kubient for growth within this next chapter of our operating history, it's the right time to equip our board of directors with members that know how to scale a business in the programmatic space," said Kubient Founder, Chairman, CSO, and Interim CEO Paul Roberts. "Jon and  Larry are both well-respected individuals that possess direct operating experience in elevating an emerging growth technology business and building it for scale. Both gentlemen have hands on experience in helping companies execute their short- and long-term goals, and I am confident their prior successes will be a direct translation to their time here at Kubient. Furthermore, thanks to their previous tenure across the digital advertising ecosystem, they will be able to provide valuable counsel and insight to the board and management team. I look forward to working closely with Jon and Larry and leveraging their broad set of skills and industry expertise."

About Kubient
Kubient is a technology company with a mission to transform the digital advertising industry to audience-based marketing. Kubient's next generation cloud-based infrastructure enables efficient marketplace liquidity for buyers and sellers of digital advertising. The Kubient Audience Cloud is a flexible open marketplace for advertisers and publishers to reach, monetize and connect their audiences. The Company's platform provides a transparent programmatic environment with proprietary artificial intelligence-powered pre-bid ad fraud prevention, and proprietary real-time bidding (RTB) marketplace automation for the digital out of home industry. The Audience Cloud is the solution for brands and publishers that demand transparency and the ability to reach audiences across all channels and ad formats. For additional information, please visit https://kubient.com.

Forward-Looking Statements
The information contained herein includes forward-looking statements. These statements relate to future events or to our future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause our actual results, levels of activity, performance, or achievements to be materially different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements since they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond our control and which could, and likely will, materially affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects our current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to our operations, results of operations, growth strategy and liquidity. We assume no obligation to publicly update or revise these forward-looking statements for any reason, or to update the reasons actual results could differ materially from those anticipated in these forward-looking statements, even if new information becomes available in the future. The safe harbor for forward-looking statements contained in the Securities Litigation Reform Act of 1995 protects companies from liability for their forward-looking statements if they comply with the requirements of the Act.

Kubient Investor Relations
Gateway Investor Relations
Matt Glover and Tom Colton
T: 1-949-574-3860
Kubient@gatewayir.com 

 

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SOURCE Kubient

FAQ

Who is Jon Bond and what is his experience related to Kubient?

Jon Bond is a digital advertising expert with over 35 years of experience, having co-founded notable companies like Kirshenbaum Bond Senecal and served as CEO of Big Fuel.

What role will Larry Harris have at Kubient?

Larry Harris is nominated for election to the Board of Directors at Kubient, bringing significant adtech experience as the founder of Alpha Precision Media.

When is the election for the new board members at Kubient?

The election for the newly nominated board members, Jon Bond and Larry Harris, will take place on June 30, 2021.

What are the expected impacts of the new board members on Kubient?

The new board members are anticipated to bring valuable insights and strategies to enhance Kubient's growth in the digital advertising sector.

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