QUINSTREET, INC. (NASDAQ:QNST) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain OfficersItem 5.02. Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
The board of directors (the “Board”) of QuinStreet, Inc. (the “Company”) appointed Matthew Glickman to serve as a Class I director effective as of April 27, 2017. Mr. Glickman will hold office until the Company’s 2019 annual meeting of stockholders, or until his earlier resignation or removal.
As compensation for his service on the Board, Mr. Glickman will receive the Company’s standard compensation for non-employee directors as disclosed in the Company’s proxy statement on Schedule 14A filed with the Securities and Exchange Commission on September 12, 2016. Mr. Glickman has entered into the Company’s standard indemnification agreement for non-employee directors.
Mr. Glickman is currently a Lecturer in Management at Stanford Graduate School of Business and also advises technology executives and entrepreneurs. Mr. Glickman was previously the Chairman of NovoEd, an online technology firm that was incubated and spun out of Stanford University, and the Executive Chairman of Guardian Analytics, a technology firm that provides behavior-based fraud prevention solutions for financial institutions. Mr. Glickman was also previously a co-founder and CEO of enterprise software company Merced Systems and of BabyCenter, Inc., a consumer website for new and expectant parents. Mr. Glickman also served as the founding CFO of Teach for America, Inc.
Mr. Glickman holds a B.A. in French and Economics from Amherst College, an M.A. in Educational Policy & Analysis from the Stanford School of Education, and an M.B.A. from the Stanford Graduate School of Business.
The Board has determined that Mr. Glickman is qualified to serve as a member of the Board because of his executive experience and knowledge regarding the technology industry.
About QUINSTREET, INC. (NASDAQ:QNST)
QuinStreet, Inc. is an online performance marketing company. The Company provides vertically oriented customer acquisition programs for its clients. The Company operating segments include Direct Marketing Services (DMS) business. Its DMS business derives its net revenue from fees earned through the delivery of qualified leads, clicks, calls or customers, and display advertisements, or impressions. Client verticals within its DMS business are education and financial services. The Company’s primary client verticals are the education and financial services industries. It has presence in the business-to-business technology, home services and medical industries. The Company delivers marketing results to its clients in the form of a qualified lead or inquiry, in the form of a qualified click, or call. QUINSTREET, INC. (NASDAQ:QNST) Recent Trading Information
QUINSTREET, INC. (NASDAQ:QNST) closed its last trading session up +0.05 at 4.49 with 107,674 shares trading hands.