NEW YORK & NETANYA, Israel--(BUSINESS WIRE)--Outbrain, the world's leading premium discovery platform, today announced that David Kostman is joining the company as Co-CEO. Kostman will share management responsibility with Co-Founder and CEO Yaron Galai.
Since 2014, Kostman has been an active member of Outbrain’s board of directors and he will continue in that capacity.
“As we grow the business and look to capture the incredible opportunities that lie ahead, it’s important that we continuously add the skill-sets needed for our executive team to scale a business of this size,” said Galai. “David Kostman has been a trusted advisor for me over the last few years and in addition he brings a tremendous amount of experience across different industries and an in-depth knowledge of our team and business.”
“Having worked with Yaron closely over the last few years and seeing the tremendous opportunity in front of us, I’m excited to join him in leading Outbrain,” Kostman said. “As the company continues to lead the Discovery market, our partnership will allow us to further develop a world-class global operation and capitalize on the dynamic changes that are happening in the market.”
“Outbrain has enjoyed phenomenal growth and market leadership, and as Yaron has laid out his inspiring and exciting vision for continued growth he also presented the idea of having David join to help him lead the company,” said Shlomo Dovrat, member of the board of directors of Outbrain. “We are thrilled to have David on board and are excited about the enormous potential and power of this extraordinary leadership team.”
In addition to his role at Outbrain, Kostman serves as the chairman of the board of NICE Ltd., as a director of privately held companies ironSource and TIVIT SA and is Co-Founder of Nanoosh. He has also served on the board of Retalix. Previously, Kostman served as CEO of Delta Galil USA and as COO of Verticalnet. He was also a Managing Director in the investment banking division of Lehman Brothers, heading the Global Internet Group, and an investment banker at NM Rothschild & Sons.
Kostman holds a Bachelor of Law degree from Tel Aviv University and a Master of Business Administration from INSEAD.
Outbrain is the world’s leading premium discovery platform, bringing personalized, relevant online, mobile and video recommendations to audiences while helping publishers understand their audiences through data. Outbrain serves more than 275 billion personalized recommendations, reaching nearly one billion users every month across the globe.
Top-tier premium publishers that currently leverage the Outbrain platform include: CNN, ESPN, Time Inc., Le Monde, Fox News, The Guardian, The Telegraph, New York Post, Sky News, TF1, Condé Nast, Bild, Orange, and L’Equipe. Additionally, through its recent acquisition of Zemanta, marketers can now access more than 5,000 additional publishers’ native ad placements through Outbrain Extended Network, as well as programmatically.
Founded in 2006, the company is headquartered in New York with a presence in the U.S., U.K., Germany, France, Spain, Italy, Singapore, Japan, Australia, Brazil, and Slovenia. To learn more about Outbrain, please visit www.outbrain.com and follow @Outbrain on Twitter, Instagram and Facebook.