AcuityAds Announces Upcoming Retirement of Dave Andrews, Chief Financial Officer and the Appointment of Jonathan Pollack as its New Chief Financial Officer

TORONTO, April 23, 2018 /CNW/ - AcuityAds Holdings Inc. (TSXV:AT) ("AcuityAds" or the "Company"), a technology leader that provides targeted digital media solutions by leveraging its proprietary AI technology to enable advertisers to connect intelligently with audiences across video, mobile, social and online display advertising campaigns, today announced the upcoming retirement of Chief Financial Officer, Dave Andrews and the appointment of Jonathan Pollack as its new Chief Financial Officer, effective May 9, 2018.

"Dave has been a key part of our growth and success over the past three and a half years and I personally want to thank him for his exceptional service and contribution to AcuityAds," stated Tal Hayek, CEO of AcuityAds.  "Dave and his Finance and HR teams have put processes and procedures in place to ensure a seamless transition over the coming months."

Mr. Andrews will assist in the transition through June 30, 2018 and continue as a strategic advisor to the Company thereafter.

Mr. Pollack joins AcuityAds from The JMP Group, a private investment and consulting firm. Previously, he served as the Executive Vice President of API Technologies Corp. and as the Chief Financial Officer and Corporate Secretary of Kaboose Inc. He also worked in investment banking in New York.  Mr. Pollack received a Master of Science in Accounting and Finance from the London School of Economics and a Bachelor of Commerce from McGill University.

"We are delighted to welcome Jonathan to the Acuity team as our new CFO," said AcuityAds CEO, Tal Hayek.  "Jonathan's extensive financial, investment and M&A experience will be a huge asset to Acuity as we enter the next growth phase of our company."

Mr. Jonathan Pollack is not related to Mr. Sheldon Pollack, the Company's Chairman of the Board.

About AcuityAds:

AcuityAds is a leading technology company that provides marketers a more powerful and holistic solution for digital advertising across all ad formats and devices to amplify reach and Share Of Attention® throughout the customer journey. Via its unique data-driven insights, real-time analytics and industry-leading activation platform based on proprietary machine learning technology, AcuityAds leverages an integrated ecosystem of partners for data, inventory, brand safety and fraud prevention, offering unparalleled trusted solutions that the most demanding marketers require to be successful in the digital era. 

AcuityAds is headquartered in Toronto, Canada with offices across North America including New York City, Boston, Chicago, Las Vegas, Los Angeles, San Francisco, Vancouver, Calgary and Montreal. For more information, visit www.AcuityAds.com.

Disclaimer in regards to Forward-looking Statements

Certain statements included herein constitute "forward-looking statements" within the meaning of applicable securities laws. Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by management at this time, are inherently subject to significant business, economic and competitive uncertainties and contingencies. Investors are cautioned not to put undue reliance on forward-looking statements. Except as required by law, AcuityAds does not intend, and undertakes no obligation, to update any forward-looking statements to reflect, in particular, new information or future events.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE AcuityAds Inc.