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 OfficersItem 5.02
(b) On February 9, 2017, Paul Auvil notified the Board of Directors (the “Board”) of Marin Software Incorporated (the “Company”) that he will not stand for re-election when his current term as a director expires at the 2017 Annual Meeting of Stockholders (the “Annual Meeting”). Mr. Auvil’s decision is not a result of any disagreement with the Company. In addition, on February 13, 2017, Bruce Dunlevie notified the Board that he is resigning from the Board effective immediately. Mr. Dunlevie’s decision is not a result of any disagreement with the Company.
In connection with Mr. Dunlevie’s resignation, the Board approved a reduction in the authorized number of directors of the Board from eight to seven. Furthermore, in connection with Mr. Auvil’s decision not to stand for re-election, the Board approved a reduction in the authorized number of directors of the Board from seven to six to become effective upon the conclusion of Mr. Auvil’s term as a director.
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 00.00 at 2.30 with 5,529 shares trading hands.