Marin Software Incorporated (NYSE:MRIN) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers

(b)On March 8, 2017, Catriona M. Fallon, Executive Vice President and Chief Financial Officer of Marin Software Incorporated (the “Company”), notified the Company that she would resign from her position as Executive Vice President and Chief Financial Officer of the Company, effective as of March 24, 2017, to pursue another opportunity.  

(c)On March 9, 2017, Yagnesh Patel, 46, the Company’s Vice President, Corporate Controller, will serve as the Company’s interim “principal financial officer” and “principal accounting officer,” within the meaning of Rule 16a-1(f) under the Securities Exchange Act of 1934, as amended, effective March 24, 2017 and until a new chief financial officer is appointed.  

Mr. Patel has served as the Company’s Corporate Controller since April 2016 and oversees all accounting, treasury, tax, Securities and Exchange Commission reporting and payroll functions. Previously, Mr. Patel worked at HP Inc., a global provider of technology products, solutions and services, where he served as Director of External Reporting from July 2015 to March 2016 and as Finance Controller of the Snapfish Business Unit from November 2012 to July 2015. Mr. Patel also served in various finance roles at HP Inc. between 2005 and November 2012. Prior to HP Inc., Mr. Patel worked at PricewaterhouseCoopers LLP from 2003 to 2005. Mr. Patel received his Master of Business Administration from the Australian Graduate School of Management in Australia. He is a Chartered Accountant in Australia.

Mr. Patel is not entering into any contract or arrangement, or any amendment or modification of an existing contract or arrangement, in connection with his assumption of his role interim principal financial officer and interim principal accounting officer.

About Marin Software Incorporated (NYSE:MRIN)
Marin Software Incorporated provides a cross-channel, cross-device, enterprise marketing software platform for search, display and social advertising channels. The Company’s enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. The Company’s platform enables digital marketers to manage performance of their online advertising campaigns. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions, such as advertisement creation and bidding, across multiple publishers and channels, and optimize campaigns across multiple publishers and channels based on market and business data using its predictive bid management technology. Marin Software Incorporated (NYSE:MRIN) Recent Trading Information
Marin Software Incorporated (NYSE:MRIN) closed its last trading session down -0.05 at 1.55 with 299,054 shares trading hands.