REDWOOD CITY, Calif.--(BUSINESS WIRE)--Rocket Fuel Inc. (NASDAQ:FUEL), a leading provider of artificial intelligence (AI) advertising and marketing solutions for global agencies and brands, today announced that Randy Wootton has been appointed as the company’s first Chief Revenue Officer. Randy joins Rocket Fuel with more than two decades of experience in major leadership roles at both media and enterprise businesses. He has achieved substantial revenue growth and led transformative sales, customer service, and operations organizations for market leaders including Salesforce and Microsoft, as well as aQuantive’s AtlasDMT, one of the first-ever ad serving platforms.
As Rocket Fuel shifts from a tech-powered media business to a media-powered tech business, Randy will serve a vital role in this ongoing transformation as he deepens customer relationships within agencies and enterprise marketers. Already, Rocket Fuel has seen increasing demand for its combined DMP/DSP capabilities, and in Q4 of 2014 it was named a Visionary by Gartner in its assessment of Digital Marketing Hubs.
“Randy is highly regarded for his sales and marketing leadership, with a proven ability to drive record growth by identifying and capitalizing on new market, segment, and product areas at leading technology companies,” said George John, Rocket Fuel Chairman and CEO. “Rocket Fuel’s continued growth and evolution into a leading digital marketing hub provider will be bolstered by Randy’s balanced senior leadership experience at both media and enterprise businesses.”
“For years, I’ve admired Rocket Fuel’s ability to deliver unprecedented results for its customers with its sophisticated algorithms, its bottom-line focus on successfully delivering against clients’ business goals, and its thriving growth,” said Wootton. “I am enthusiastic to play my part in transforming Rocket Fuel from a leader in programmatic advertising to an essential digital marketing partner for global brands and their agencies.”
Randy was most recently VP of Customer Success Products at Salesforce, where he grew its Services Product Portfolio and P&L from $200 million to almost $500 million in three years and successfully led the major overhaul of the Salesforce Customer Success Products product management, marketing, and sales-enablement strategies. He also served in a variety of executive sales positions over the course of six years at Microsoft, including building out its Global Search Services Operations as part of the Yahoo!-Microsoft Search Alliance. He was SVP of Sales, Service and Marketing for AdReady, a cloud platform company focused on mid-market display advertising, and Director of Business Development at aQuantive, where he led the international division of Atlas Solutions, securing 30% market share in the UK in fewer than two years. Randy graduated from the United States Naval Academy and has an MBA from Harvard Business School. He served in the U.S. Navy, and now volunteers in a range of youth-focused organizations.
About Rocket Fuel
Rocket Fuel delivers a leading programmatic media-buying platform at Big Data scale that harnesses the power of artificial intelligence (AI) to improve marketing ROI in digital media across web, mobile, video, and social channels. Rocket Fuel powers digital advertising and marketing programs globally for customers in North America, Europe, and APAC. Customers trust Rocket Fuel's Advertising That Learns® platform to achieve brand and direct-response objectives in diverse industries from luxury cars to financial services to retail. Rocket Fuel currently operates in more than 20 offices worldwide and trades on the NASDAQ Global Select Market under the ticker symbol "FUEL." For more information, please visit http://rocketfuel.com or call 1-888-717-8873.