THE RUBICON PROJECT, INC. (NYSE:RUBI) 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 Arrangement of Certain Officers.
THE RUBICON PROJECT, INC. (NYSE:RUBI) Files An 8-K Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers
Effective March 30, 2017, Michael Barrett, the Company’s President and CEO, was appointed to serve on the Company’s Board of Directors as contemplated by his employment agreement, which was filed as Exhibit 10.1 to the Company’s Current Report on Form 8-K filed with the Commission on March 22, 2017 (the “March 22, 2017 8-K”). Mr. Barrett will serve in Class II, with his term expiring at the Company’s annual meeting of stockholders in 2019, and will serve until his successor is duly appointed or elected and qualified, or his earlier resignation or removal.
Mr. Barrett will not serve on any committee of the board and will not receive any compensation for his service as a director. There are no arrangements or understandings between Mr. Barrett and any other persons to which Mr. Barrett was selected as a director. The compensation that Mr. Barrett will receive as an employee is described in Item 5.02 to the March 22, 2017 8-K.
Mr. Barrett is not a party to any transaction with the Company that would be required to be disclosed to Item 404 of Regulation S-K.
About THE RUBICON PROJECT, INC. (NYSE:RUBI)
The Rubicon Project, Inc. offers a technology solution to automate the purchase and sale of advertising for both buyers and sellers. The Company’s solution enables buyers and sellers to purchase and sell a range of advertising units, including display and video, utilizing various inventory types, including direct sale of inventory, real-time bidding (RTB) and static bidding, across digital channels, including mobile Web, mobile application and desktop, as well as across various out of home channels, such as digital billboards. The Company’s platform features applications for digital advertising sellers, including Websites, mobile applications and other digital media properties, to sell their advertising inventory; applications and services for buyers, including advertisers, agencies, agency trading desks (ATDs), demand side platforms (DSPs) and advertisement networks, to buy advertising inventory, and a marketplace over which such transactions are executed. THE RUBICON PROJECT, INC. (NYSE:RUBI) Recent Trading Information
THE RUBICON PROJECT, INC. (NYSE:RUBI) closed its last trading session up +0.03 at 5.66 with 1,192,086 shares trading hands.
The Rubicon Project, Inc. offers a technology solution to automate the purchase and sale of advertising for both buyers and sellers. The Company’s solution enables buyers and sellers to purchase and sell a range of advertising units, including display and video, utilizing various inventory types, including direct sale of inventory, real-time bidding (RTB) and static bidding, across digital channels, including mobile Web, mobile application and desktop, as well as across various out of home channels, such as digital billboards. The Company’s platform features applications for digital advertising sellers, including Websites, mobile applications and other digital media properties, to sell their advertising inventory; applications and services for buyers, including advertisers, agencies, agency trading desks (ATDs), demand side platforms (DSPs) and advertisement networks, to buy advertising inventory, and a marketplace over which such transactions are executed. THE RUBICON PROJECT, INC. (NYSE:RUBI) Recent Trading Information
THE RUBICON PROJECT, INC. (NYSE:RUBI) closed its last trading session up +0.03 at 5.66 with 1,192,086 shares trading hands.
