Semrush appoints Bill Wagner to its board of directors | New

BOSTON–(BUSINESS WIRE)–Sept. 19, 2022–

Semrush (NYSE: SEMR), a leading SaaS online visibility management platform, has appointed Bill Wagner to its board of directors as an independent non-executive director.

“We are delighted to welcome Bill to our Board of Directors. He brings over 20 years of experience in the SaaS industry that supports our management and operations expertise, as well as our leadership in software innovation,” said Oleg Shchegolev, CEO of Semrush. “Attracting leaders like Bill to our board demonstrates that our exciting growth trajectory continues.

Wagner served as President and CEO of GoTo (formerly LogMeIn, Inc.), one of the world’s leading SaaS (software as a service) companies, from 2015 to 2022, after joining the company as Chief Operating Officer in 2013. During his tenure, LogMeIn grew from a small-cap public company with $140 million in revenue to an industry leader with 4,000 employees, 2 million customers and over $1 billion in revenue. LogMeIn was acquired by Francisco Partners and Evergreen Coast Capital for $4.3 billion in 2020.

Wagner serves on the boards of Akamai (NASDAQ: AKAM) and ChurnZero, a private SaaS company. He is also a member of the advisory board of BUILD Boston, an organization dedicated to the academic and professional success of young people from disadvantaged communities.

“Before being CEO, I oversaw marketing organizations and watched teams struggle to manage the disparate tools needed to run a modern, digital-centric marketing department. Through this experience, I I immediately recognized the value of Semrush’s approach to uniting SEO, content marketing, competitive research, PPC and social media marketing into a unified and highly differentiated SaaS platform,” Wagner said. “I look forward to working with Oleg and the Semrush team as the company continues to grow and gain share in this large, developing market.”

Semrush remains focused on strengthening its leadership and acquiring talent at all levels of the organization, including the board of directors. Wagner will serve as a Class II director and is expected to be on the company’s slate of nominees for election to the board of directors at the 2023 annual meeting of shareholders. Wagner joins a team of seasoned industry leaders technology, internet and investment, including Semrush founders Oleg Shchegolev and Dmitry Melnikov; former CFO of Zynga and App Annie Mark Vranesh; Greycroft Partner Dylan Pearce; Siguler Guff, CEO Roman Simonov, and former CEO of Vistaprint Trynka Shineman.

About Semrush

Semrush is a leading online visibility management SaaS platform that enables businesses around the world to run search engine optimization, pay-per-click, content, social media, and marketing campaigns. competitive research and achieve measurable results from online marketing. Semrush offers information and solutions for businesses to create, manage and measure campaigns on various marketing channels. Semrush, with more than 91,000 paying customers, is headquartered in Boston with offices in Philadelphia, Dallas, Amsterdam, Berlin, Barcelona, ​​Prague, Warsaw, Belgrade and Limassol as well as new locations in Turkey, Armenia and Georgia.

Forward-looking statements

This press release may contain forward-looking statements regarding Semrush’s growth, market size and development for its products and its future leadership. Such forward-looking statements can be identified by the use of the following words (among others): “continues”, “remains”, “believes”, “expects”, “may”, “will”, “plans”, “should” or “anticipates”, or comparable words and their negatives. These forward-looking statements are not guarantees but are subject to risks and uncertainties that could cause actual results to differ materially from the expectations contained in such statements. statements. For a discussion of such risks and uncertainties, see “Risk Factors” in Semrush’s filings with the Securities and Exchange Commission, including its most recent Quarterly Report on Form 10-Q. Semrush assumes no obligation to update the forward-looking statements contained in this press release in the event of changing or other circumstances, and these statements speak only as of the date on which they are made.

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Jena Sullivan, [email protected]



SOURCE: Semrush Holdings, Inc.

Copyright BusinessWire 2022.

PUBLISHED: 09/19/2022 16:30 / DISK: 09/19/2022 16:32

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