Greg Stuart to Step Down as CEO of Interactive Advertising Bureau.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- The Interactive Advertising Bureau (IAB (1) See Internet Architecture Board. (2) (Interactive Advertising Bureau, New York, www.iab.net) An industry association founded in 1996 to set standards and guidelines for interactive advertising and marketing. ) today announced that CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. Greg Stuart will leave the association at the end of 2006 to pursue new opportunities. The IAB Board will immediately commence an executive level search for a new CEO, managed by a recruiting committee comprised of Board Members and conducted by executive search firm Spencer Stuart. Mr. Stuart has been with the IAB since late 2001. "Greg has been a tremendous leader of the IAB and has done a fantastic job on behalf of the entire interactive industry," said Jim Spanfeller, Chairman of the IAB Board. "While we are disappointed to see Greg leave, we support him in his decision and wish him great success in his future endeavors. In the meantime Adv. 1. in the meantime - during the intervening time; "meanwhile I will not think about the problem"; "meantime he was attentive to his other interests"; "in the meantime the police were notified" meantime, meanwhile , the IAB Board has full confidence in the great team that Greg has assembled at the IAB and the work they do." "The IAB is now stronger than ever and the industry as a whole is well positioned for even greater growth. Revenues have increased to an expected $16 Billion in 2006 with a 38% increase year over year last quarter alone. Research has proved the efficacy of online advertising, and the IAB has released a number of critical standards and guidelines guidelines, n.pl a set of standards, criteria, or specifications to be used or followed in the performance of certain tasks. further cementing the future of the business," said Sheryl Draizen, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul and General Manager, IAB. "As an organization, we are completely committed to accomplishing the 2006 initiatives that are well under way as well as planning for 2007 priorities." About the IAB: Founded in 1996, the Interactive Advertising Bureau (IAB) represents over 250 leading interactive companies that are actively engaged in, and support the sale of interactive advertising. IAB members are responsible for selling over 86% of online advertising in the United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. . On behalf of its members, the IAB evaluates and recommends standards and practices, fields interactive effectiveness research and educates the advertising industry regarding the use of interactive advertising. For more information, please visit www.iab.net. |
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