Magnite Appoints David Buonasera to Chief Technology Officer
Magnite Appoints New CTO David Buonasera
Magnite (NASDAQ: MGNI) has announced the appointment of David Buonasera as its new Chief Technology Officer, effective February 28, 2023. Buonasera, who co-founded SpringServe, joined Magnite in 2021 during its acquisition of the video ad platform. Previously leading engineering for CTV, he will now oversee the global technology organization. President and CEO Michael Barrett praised Buonasera's leadership and vision, highlighting his past successes. Buonasera expressed excitement about leading Magnite's tech initiatives, emphasizing the potential for innovation and value through the company's strong technology stack.
- Appointment of David Buonasera as CTO brings experienced leadership.
- Buonasera's background in successful ad tech ventures enhances company expertise.
- Anticipated innovations from Magnite Streaming expected to drive growth.
- None.
Ad Tech Veteran and SpringServe CTO Assumes Top Tech Role
NEW YORK, Feb. 28, 2023 (GLOBE NEWSWIRE) -- Magnite (NASDAQ:MGNI), the world’s largest independent sell-side advertising platform, today announced the appointment of David Buonasera as its Chief Technology Officer. Buonasera joined Magnite in 2021 when the company acquired SpringServe, the video ad serving platform he co-founded. Most recently, Buonasera has led Magnite’s engineering efforts for CTV and served as a member of the company’s Office of the CTO. In his new role, he will oversee Magnite’s global technology organization, platforms, and infrastructure, reporting to its President and CEO, Michael Barrett.
“David is a phenomenal leader and technologist,” said Barrett. “For nearly two years at Magnite, he’s proven his capabilities not just as a visionary and strategist, but as an agile operator who gets things done and moves at the speed our clients require. The executive team and I are thrilled to partner with him as we continue to build Magnite into the industry’s leading sell-side ad tech company.”
Buonasera has more than a decade of advertising technology experience. In 2016, he helped found SpringServe, scaling the company to a leader in video ad serving with an impressive global client list. Before SpringServe, Buonasera was one of the first employees at AppNexus, where he spearheaded the creation of their data processing systems and optimization algorithms.
"I'm honored to be leading technology at Magnite," said Buonasera. "This company has built one of the strongest technology stacks and organizations in the business, and with the recent announcement of Magnite Streaming, we're just beginning to deliver a new wave of innovation, value, and usability for our clients. I look forward to working closely with Michael and the team to make our vision for Magnite a reality.”
About Magnite
We’re Magnite (NASDAQ: MGNI), the world’s largest independent sell-side advertising platform. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world’s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.
Media Contact
Kar Yi Lim
klim@magnite.com
917-658-1994
Investor Relations Contact
Nick Kormeluk
nkormeluk@magnite.com
949-500-0003
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