Financial News

AppLovin Appoints Todd Morgenfeld to its Board of Directors

AppLovin Corporation (NASDAQ: APP), a leading marketing platform, today announced the appointment of former Pinterest and Twitter executive Todd Morgenfeld to its Board of Directors.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230906011618/en/

Todd Morgenfeld joins AppLovin's Board of Directors (source: AppLovin Corporation).

Todd Morgenfeld joins AppLovin's Board of Directors (source: AppLovin Corporation).

“Todd will be an advisor and strong addition to the AppLovin board,” said Adam Foroughi, Co-founder, CEO and Chairperson of AppLovin. “As we continue to execute on our mission of enabling companies around the world to bring their ideas, products, and content to more people at massive scale, I look forward to leveraging the insights Todd brings with his experience navigating and scaling businesses such as Pinterest, Twitter, and HP.”

Mr. Morgenfeld most recently served as Chief Financial Officer (CFO) and Head of Business Operations at Pinterest, Inc. from 2019 to July 2023, preceded by his successful tenure as CFO from 2016 to 2019. Prior to Pinterest, he was Vice President of Finance at Twitter from 2015-2016 and was Treasurer and Senior Vice President of Financial Analytics and Corporate Development at Hewlett-Packard Company from 2013 to 2015. During his tenure as an investment partner at Silver Lake Partners from 2004 to 2013, Mr. Morgenfeld navigated complex financial landscapes and now sits on the board of directors of Urban Outfitters, Inc. Mr. Morgenfeld graduated first in his class from the United States Military Academy at West Point and holds an M.B.A. from Stanford University Graduate School of Business.

“AppLovin is a clear market leader as a global marketing platform and its technology and team are the cornerstones of the company’s impressive growth. I’m honored to be joining Adam, Herald, and the entire board as AppLovin pursues the tremendous opportunity to further expand its leadership across new markets,” said Morgenfeld.

AppLovin’s board also announced that Asha Sharma, COO of Maplebear Inc. (d/b/a Instacart), resigned from her role as director.

“Asha’s insights to our board over the past 2 years have been highly beneficial. On behalf of the board, I thank Asha for her contributions over the years and wish her the best,” said Foroughi.

AppLovin’s current board now consists of: Adam Foroughi, Co-founder and CEO of AppLovin; Herald Chen, President and CFO at AppLovin; Craig Billings, CEO of Wynn Resorts; Margaret Georgiadis, Co-founder and CEO of Montai Health and CEO-Partner, Flagship Pioneering; Alyssa Harvey Dawson, Chief Legal Officer and Corporate Secretary of HubSpot; Ted Oberwager, Managing Director at KKR; Eduardo Vivas, CEO and Co-founder of Curated.com; and Todd Morgenfeld, former CFO and Head of Business Operations at Pinterest.

For more information on AppLovin’s leadership team, visit: www.applovin.com/leadership/.

About AppLovin

AppLovin makes technologies that help businesses of every size connect to their ideal customers. The company provides end-to-end software and AI solutions for businesses to reach, monetize and grow their global audiences. For more information about AppLovin, visit: www.applovin.com.

Source: AppLovin Corp.

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