30.05.2007 20:05:00
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Tom A. Vadnais Appointed Chief Executive Officer of ValueClick, Succeeding James R. Zarley
ValueClick, Inc. (Nasdaq:VCLK) today announced that its board of
directors has elected Tom A. Vadnais as the Company’s
new chief executive officer. Mr. Vadnais has been a member of the Company’s
board of directors since October 2001 and has also held a number of
senior management roles within ValueClick during this time, including
his most recent role as president of U.S. operations.
Mr. Vadnais succeeds James R. Zarley, who has served as ValueClick’s
chief executive officer since 1999. Mr. Zarley will remain a full-time
ValueClick employee and will continue to play an active role in the
Company. Mr. Zarley has been named ValueClick’s
executive chairman of the board of directors, focusing primarily on the
Company’s strategic direction and the gradual
management transition of the Company’s
operations.
"Tom and I have been partners since 2001 and
we have worked closely together over the past year while Tom served as
president of U.S. operations. I am delighted to formalize his role as
our new chief executive officer,” said James
R. Zarley, executive chairman of the board of directors of ValueClick. "Tom
and I will continue to partner to take the Company to the next level,
and I am as confident as ever in ValueClick’s
unique position to benefit from the growth in the online marketing
industry.” "Jim and I, and the rest of the team, have
worked hard to make ValueClick one of the largest and most comprehensive
online marketing companies in the world, and I welcome the opportunity
to help lead ValueClick during this exciting time for the Company and
the industry,” said Tom A. Vadnais, chief
executive officer of ValueClick. "My focus
will be on continuing ValueClick’s successful
track record and capitalizing on the opportunities that exist for all of
our businesses.”
Mr. Vadnais joined ValueClick in October 2001 through the Company’s
acquisition of Mediaplex, where he was president, chief executive
officer and a member of the board of directors. Mr. Vadnais became a
member of the ValueClick board of directors in October 2001 and also has
held general manager roles for the Company’s
Mediaplex technology and Commission Junction affiliate marketing
businesses. In June 2006, Mr. Vadnais was promoted to the role of
president of ValueClick’s U.S. operations.
Mr. Vadnais’ experience prior to ValueClick
includes positions as: president, chief executive officer and a member
of the board of directors of Data Processing Resources Corporation;
president and chief executive officer of Tascor, Inc.; a member of
Norrell's board of directors; and a member of the board of directors of
Traffic.com. In addition, Mr. Vadnais held various management roles,
such as vice president of operations, during his 23-year tenure at IBM.
Mr. Vadnais holds a bachelor's degree from the University of California,
Los Angeles, and a master's degree in business administration from
Golden Gate University. Mr. Vadnais is a graduate of The University of
Virginia Darden School of Business Executive Program and the Advanced
Management Program at Harvard Business School.
Conference Call Scheduled for May 30,
2007 at 5:00 p.m. ET
James Zarley, Tom Vadnais and Sam Paisley, chief administrative officer,
will host a conference call and webcast on May 30, 2007 at 5:00 p.m.
ET/2:00 p.m. PT to discuss this announcement. The call may be accessed
at (866) 409-1555 for domestic callers and (913) 312-1235 for
international callers. The passcode is 5463496.
The live webcast and other information of potential interest to
investors will be available to the public in the Investor Relations
section of the Company’s website (www.valueclick.com).
Replay information will be available for seven days after the call and
may be accessed at (888) 203-1112 for domestic callers and (719)
457-0820 for international callers. The passcode is 5463496.
About ValueClick, Inc.
ValueClick, Inc. (Nasdaq: VCLK) is one of the world’s
largest integrated online marketing services companies, offering
comprehensive and scalable solutions to deliver cost-effective customer
acquisition for advertisers and transparent revenue streams for
publishers. ValueClick’s performance-based
solutions allow our customers to reach their potential through multiple
online marketing channels, including affiliate and search marketing,
display advertising, lead generation, ad serving and related
technologies, and comparison shopping. ValueClick brands include
Commission Junction, ValueClick Media, Mediaplex, and PriceRunner. For
more information, please visit www.valueclick.com.
This release contains forward-looking statements that involve risks
and uncertainties, including, but not limited to, trends in online
advertising spending and estimates of future online performance-based
advertising. Actual results may differ materially from the results
predicted, and reported results should not be considered an indication
of future performance. Important factors that could cause actual results
to differ materially from those expressed or implied in the
forward-looking statements are detailed under "Risk
Factors” and elsewhere in filings with the
Securities and Exchange Commission made from time to time by ValueClick,
including, but not limited to: our annual report on Form 10-K filed on
March 1, 2007; recent quarterly reports on Form 10-Q; and other current
reports on Form 8-K. ValueClick undertakes no obligation to release
publicly any revisions to any forward-looking statements to reflect
events or circumstances after the date hereof or to reflect the
occurrence of unanticipated events.
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