AppLovin Corporation announced on April 9, 2025, the appointment of Maynard Webb, founder of Webb Investment Network, to its Board of Directors. Webb will serve as an independent director and join the Audit Committee and Nominating and Corporate Governance Committee of the Board.
Adam Foroughi, Co-founder, CEO, and Chairperson of AppLovin, highlighted Webb's extensive experience as an operator and board member, including current roles at Visa and Salesforce. Foroughi stated that Webb's insights will be instrumental as the company pursues its vision of creating the world's most impactful performance marketing platform.
Concurrently, Ted Oberwager, Managing Director at KKR, will not stand for re-election at the company’s next annual meeting of stockholders, though he will continue to serve through the end of his current term. This board change brings in seasoned independent expertise to support AppLovin's strategic growth initiatives.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.