By: Paul Palmieri, Co-founder; and Michael Barrett, CEO
Today we announced that Michael Barrett will be taking over as CEO of Millennial Media, and I will be moving on to become a venture advisor at NEA.
This is an exciting and momentous day for Millennial Media. There is never a perfect time for a transition of CEOs, but now is the right time. Coming off an impressive quarter, capped with the successful acquisition and integration of Jumptap, the momentum at the company could not be better. We have the best team and technology in the business, and are poised for continued success. With our upward trajectory as a company, and with the continued rapid growth of the mobile market, there could not be a better time, or proven leader, to become the new torch-bearer of the company.
- Paul Palmieri
Today I am thrilled to start what I know will be an amazing journey at Millennial Media. I am deeply honored to be the one to whom Paul passes his torch. I have long admired this company, and am determined to keep Millennial’s impressive track record going and growing. To be able to work at a company with such amazing talent, clients that are a broad representation of both the largest brands in the world, and the most successful companies in the app economy, is truly thrilling and humbling.
I am proud to take on the ongoing mission to make Millennial Media the mobile-first digital platform that transforms advertising. More to come in the upcoming days, weeks, and months.
- Michael Barrett
More from Paul Palmieri
Millennial Media is the leading mobile ad marketplace, making mobile simple for the world’s top brands, app developers, and mobile web publishers. The company's data and technology assets enable advertisers to connect with target audiences at scale, while driving monetization for publisher and developer partners. AOL acquired Millennial Media on October 23, 2015. Millennial Media boosts AOL's global, mobile capabilities and scale across ONE by AOL for advertisers and agencies, and offers the most attractive monetization platform for app developers.