Semrush Appoints Invoice Wagner to its Board of Administrators

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Semrush (NYSE: SEMR), a number one on-line visibility administration SaaS platform, has appointed Invoice Wagner to its board as an impartial non-executive director.

“We’re excited to welcome Invoice to our Board of Administrators. He brings 20+ years expertise from the SaaS trade that helps our administration and operational experience, and software program innovation management,” mentioned Oleg Shchegolev, CEO of Semrush. “Attracting leaders equivalent to Invoice to our Board demonstrates that our thrilling development trajectory continues.”

Wagner served because the president and chief government officer of GoTo (previously LogMeIn, Inc.), one of many world’s high SaaS (software program as a service) firms, from 2015 by 2022, after becoming a member of the corporate as chief working officer in 2013. Throughout his tenure, LogMeIn grew from a small-cap public firm with $140 million in income to an trade chief with 4,000 staff, 2 million clients and greater than $1 billion in income. LogMeIn was acquired by Francisco Companions and Evergreen Coast Capital for $4.3 billion in 2020.

Wagner serves on the board of administrators of Akamai (NASDAQ: AKAM) and ChurnZero, a privately-held SaaS firm. He’s additionally on the board of advisors for BUILD Boston, a corporation devoted to the academic {and professional} success of youth from under-resourced communities.

“Earlier than being a CEO, I oversaw advertising and marketing organizations and witnessed groups battle to handle the disparate instruments required to run a contemporary, digital-centric advertising and marketing division. Due to this expertise, I immediately acknowledged the worth of Semrush’s method to unite search engine optimization, content material advertising and marketing, aggressive analysis, PPC and social media advertising and marketing right into a unified, highly-differentiated SaaS platform,” mentioned Wagner. “I’m wanting ahead to working with Oleg and the Semrush group as the corporate continues to develop and achieve share on this giant and creating market.”

Semrush stays centered on strengthening its management and expertise acquisition in any respect ranges of the group, together with the Board of Administrators. Wagner will function a Class II director and is anticipated to be included within the firm’s slate of nominees for election to the Board on the 2023 Annual Assembly of Stockholders. Wagner joins a group of seasoned leaders from know-how, web, and funding sectors together with Semrush founders Oleg Shchegolev and Dmitri Melnikov; former CFO of Zynga and App Annie Mark Vranesh; Greycroft Associate Dylan Pearce; Siguler Guff Managing Director Roman Simonov, and former CEO of Vistaprint Trynka Shineman.

About Semrush

Semrush is a number one on-line visibility administration SaaS platform that allows companies globally to run search engine marketing, pay-per-click, content material, social media and aggressive analysis campaigns and get measurable outcomes from on-line advertising and marketing. Semrush gives insights and options for firms to construct, handle, and measure campaigns throughout numerous advertising and marketing channels. Semrush, with over 91,000 paying clients, is headquartered in Boston and has places of work in Philadelphia, Dallas, Amsterdam, Berlin, Barcelona, Prague, Warsaw, Belgrade, and Limassol in addition to new places in Turkey, Armenia, and Georgia.

Ahead-Wanting Statements

This press launch could embrace forward-looking statements relating to the expansion of Semrush, the dimensions and growth of the marketplace for its merchandise and future management. Such forward-looking statements could also be recognized by way of the next phrases (amongst others): “continues,” “stays,” “believes,” “expects,” “could,” “will,” “plan,” “ought to” or “anticipates,” or comparable phrases and their negatives. These forward-looking statements should not ensures however are topic to dangers and uncertainties that might trigger precise outcomes to vary materially from the expectations contained in these statements. For a dialogue of such dangers and uncertainties, see “Danger Elements” in Semrush’s filings with the Securities and Alternate Fee, together with its most up-to-date quarterly report on Kind 10-Q. Semrush assumes no obligation to replace any forward-looking statements contained on this press launch within the occasion of adjusting circumstances or in any other case, and such statements are present solely as of the date they’re made.

Jena Sullivan, [email protected]

Supply: Semrush Holdings, Inc.

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