Previous Boeing Funds Corporation CFO to Be Appointed to DMS CFO in March | Business enterprise

CLEARWATER, Fla.–(Organization WIRE)–Feb 16, 2021–

Digital Media Solutions, Inc. (NYSE: DMS), a major supplier of technological know-how-enabled digital effectiveness promoting alternatives connecting shoppers and advertisers inside insurance coverage and other prime verticals, now announces the appointment of Vasundara Srenivas, CPA, as CFO. In this purpose, Srenivas will guide the company’s international finance and accounting groups. Srenivas will report to DMS CEO, Joe Marinucci, with a March 13th get started day.

Digital Media Answers today declared the appointment of Vasundara Srenivas, CPA, as CFO. (Image: Company Wire)

For much more than a ten years, Srenivas held government-level positions at Boeing, supporting both corporate and divisional finance. A transformational leader, Srenivas’s experience contains strategic direction, GAAP/IFRS accounting, SEC reporting, M&A and fiscal functions. Srenivas’s roles at Boeing involved CFO of Boeing Australia and Boeing Protection Australia, senior roles in corporate finance transformation and enterprise finance and, from 2017 through 2020, CFO of Boeing Cash Company (BCC), a wholly-owned, multi-billion dollar subsidiary of Boeing responsible for arranging, structuring and giving financing for Boeing’s merchandise.

“Vasundara’s passion, ambition and intellectual curiosity are instantly apparent,” famous Marinucci. “Her expertise taking care of economic portfolios for just one of the major publicly traded firms in the U.S. will level up the finance workforce at DMS. Also, Vasundara’s deep M&A encounter, her economical compliance qualifications and her public corporation skills will be tapped as DMS continues to grow organically and with strategic acquisitions that speed up our natural advancement.”

Srenivas earned her MBA at the University of Canberra in Australia, and she productively accomplished the Superior Management System at Harvard Small business College. Srenivas was acknowledged as CPA Australia’s Best 40 Under 40 Youthful Business enterprise Leader and awarded the Nationwide Asian Pacific American Company Accomplishment Award in Washington, DC. Srenivas is in the approach of relocating to Tampa Bay, where by the organization is headquartered.

Present-day CFO Randy Koubek joined DMS in December 2018 and led the workforce via the rigorous system of starting to be a community enterprise in July 2020 via a SPAC IPO. He is leaving to go after other possibilities. “The overall DMS group is grateful to Randy for his commitment and really hard function navigating the finance workforce by way of numerous acquisitions and our IPO procedure for the duration of his tenure,” mentioned Marinucci. “Like the relaxation of DMS, Randy understands almost everything is achievable when you believe that it is. I wish Randy the best as he transitions to his upcoming opportunity.”

Previous month, DMS declared the appointment of Tony Saldana to Common Counsel and EVP of Compliance and Thomas Bock to EVP of Company Progress and Trader Relations, and previously this month, DMS announced the acquisition of Aimtell/PushPros. The addition of the Aimtell/PushPros technology and AI infrastructure within the DMS proprietary advertising technological innovation stack boosts the means of the two providers to join consumers and advertisers with pertinent adverts delivered to the suitable men and women at the ideal occasions.

DMS fourth quarter and total-year fiscal 2020 earnings will be introduced prior to the stock sector opens on Friday, February 26, 2021, and the corporation will maintain a conference connect with, led by Marinucci and Koubek, to explore success at 8:30 a.m. (Eastern Time) that day.

About Electronic Media Options

Digital Media Alternatives, Inc. (NYSE: DMS) is a main provider of know-how-enabled digital general performance promoting methods connecting individuals and advertisers inside of car, dwelling, overall health and lifetime insurance as well as a very long listing of best client verticals. The DMS first-get together data asset, proprietary promoting technological innovation, sizeable proprietary media distribution and facts-driven processes aid digital promoting consumers de-danger their promoting expend although scaling their consumer bases. Understand much more at https://digitalmediasolutions.com.

This press release contains “forward-searching statements” in just the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. DMS’s actual outcomes might vary from its expectations, estimates and projections and for that reason, you really should not depend on these forward looking statements as predictions of long term functions. Phrases this sort of as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and comparable expressions are supposed to identify this kind of ahead-searching statements. These ahead-seeking statements consist of, devoid of limitation, DMS’s anticipations with regard to its potential efficiency, its skill to put into action its technique and its means to correctly integrate Aimtell/PushPros. These ahead-seeking statements entail considerable risks and uncertainties that could result in the actual results to vary materially from the anticipated benefits. Most of these variables are outside DMS’s control and are hard to forecast. Variables that may possibly induce these dissimilarities incorporate dangers and uncertainties indicated from time to time in DMS’s amended registration statement, filed on August 6, 2020, which includes those beneath “Risk Factors”, and in DMS’s other filings with the SEC. There might be further threats that we look at immaterial or which are unknown, as it is not feasible to predict or identify all these hazards. DMS cautions visitors not to place undue reliance upon any ahead-looking statements, which speak only as of the date produced. DMS does not undertake or take any obligation or undertaking to launch publicly any updates or revisions to any forward-wanting statements to replicate any transform in its anticipations or any adjust in activities, conditions or situation on which any these statement is centered.

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Resource: Electronic Media Remedies, Inc.

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PUB: 02/16/2021 04:30 AM/DISC: 02/16/2021 04:30 AM

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