Rubicon Project CFO Todd Tappin exits
Ad tech outfit Rubicon Project has announced the resignation of CFO Todd Tappin and confirmed that current chief accounting officer David Day will act as his interim successor effective immediately.
Tappin is leaving to join an as yet unnamed different outfit, with the Rubicon Project (which describes itself as as an online marketplace) naming Day as interim CFO while the company conducts a process to identify a full time successor.
Day joined the company in 2013 and had been responsible for the company’s global accounting functions, including corporate accounting, financial systems, financial reporting, operational accounting, treasury, and internal controls.
Frank Addante, CEO and Founder of Rubicon Project, commented, "On behalf of everyone at Rubicon Project, I thank Todd for his numerous contributions to our company during his tenure, including most notably his management of our 2014 IPO. Todd’s leadership has helped position Rubicon Project as a market leader in technology, reach, commitment to quality and capability to service all buyers and sellers across every type of advertising inventory globally. We wish Todd the very best in his new position.”
“I also want to recognize the significant achievements of our CAO and now interim CFO David Day, who has been a critical leader helping to guide our finance team over the past several years. We are strongly positioned for continued growth and success with a tremendous opportunity in front of us to continue to innovate and shape the future of advertising.”
Tappin’s resignation does not reflect any dispute or disagreement with the company and it is expected that he will remain a strategic advisor to Rubicon Project.
His resignation comes the same year as The Drum revealed the departure of Jay Stevens, formerly the international general manager of Rubicon Project which the line under a seven-year tenure there – a period that saw him help the business transition from an ad tech startup to publicly listed company.