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News Briefs

  • 7/23/2024

    AdAdapted Hires Executives to Drive Growth, Innovation

    adadapted hires chris roelle and rob streeter

    Advertising technology company AdAdapted has made two key hires to its executive leadership team in a bid to enhance its innovative solutions for CPGs, agencies and retailers. Chris Roelle joins as managing director of agency partnerships, and Rob Streeter as senior vice president of product. 

    Roelle will lead AdAdapted’s agency sales team, focusing on existing relationships and fostering new partnerships with agencies and digital media-supporting CPG brands, the company said in a statement. He has more than 25 years of experience, most recently with Stingray, IRIS.TV and Conde Nast, where he drove strategic partnerships and growth with agencies, brands and data partners, particularly in the retail media space. His expertise is in omnichannel digital advertising models, including programmatic, video, digital, commerce/retail and linear media.

    Streeter’s experience includes building tech-enabled products within retail media, advertising and e-commerce. He’s worked at both large enterprises, such as Sears and Amazon, and startups, including Channel Intelligence (acquired by Google) and Hooklogic (acquired by Criteo), where he built the first retail media network that included Walmart, Target and Best Buy, per the statement. AdAdapted tapped Streeter for his expertise in product strategy to anticipate customer needs and capitalize on emerging technologies and trends to drive growth.

    “[Roelle] and [Streeter] bring a wealth of knowledge and experience to AdAdapted, which will help drive innovation and product development and strengthen our customer partnerships,” said Molly McFarland, founder and chief revenue officer at AdAdapted. “[Roelle’s] background in digital media and agency relationships and [Streeter’s] accomplishments in product management will significantly contribute to our mission of providing industry leading conversion media adtech solutions to CPG brands and retail clients.”

  • 7/22/2024

    Kargo's TikTok Integration Enhances Targeting, Reporting

    kargo tiktok integration

    Advertising agency Kargo unveiled an integration with TikTok to enable Kargo Commerce (formerly StitcherAds) clients to directly access offline sales insights in TikTok Ads Manager. 

    The integration improves targeting and reporting for advertiser campaigns with omnichannel measurement and higher quality data, according to a media release. Advertisers will get real-time, granular insights that measure the full-funnel impact of their TikTok ads, including online and offline performance. 

    The integration brings offline conversion insights that advertisers choose to share, such as in-store purchases and subscriptions, from Kargo’s campaign management tool (i.e., media technology platform) to TikTok’s offline events API. Kargo has similar integrations across a number of platforms for brands with business models that rely on offline conversions, per the release. 

    The integration enables Kargo Commerce advertisers on TikTok to:

    • Measure the effectiveness of marketing campaigns from an offline setting.
    • Track and analyze customer interactions across multiple touchpoints and channels.
    • Gain a comprehensive picture of a company’s total sales and conversions.

    “This partnership offers a comprehensive view of the customer journey, empowering brands to optimize their campaigns,” Lorry Destainville, head of product partnerships at TikTok, said in the release.

    “TikTok represents a massive commerce opportunity for advertisers and we’re thrilled to deepen our partnership with this integration,” added Michael Shaughnessy, chief operating officer at Kargo. “Advertisers are looking for more transparency and control to improve quality and improve performance. Now they get what they need to optimize commerce experiences on the platform.”

  • 7/22/2024

    Dollar Tree Promotes Messerschmitt to CMO

    dollar tree names brian messerschmitt cmo

    Brian Messerschmitt announced in a July 22 LinkedIn post that he was promoted to chief marketing officer at Dollar Tree in June. In this role, he represents both Dollar Tree and Family Dollar brands. 

    Messerschmitt previously served as the discount retailer’s vice president, customer experience marketing, from May 2023-June 2024. In that role, he led the strategic direction of the enterprise, customer experience across retail media (Chesapeake Media Group), loyalty and e-commerce. He also helped develop and implement integrated plans to enhance the customer experience, drive long-term customer loyalty and retention, and accelerate monetization and sales, according to his LinkedIn profile.

    “I look forward to partnering with our merchandising leaders and business partners to improve the customer experience, and to grow the business and build the brands,” Messerschmitt said on LinkedIn about his new position. 

    Prior to joining Dollar Tree, Messerschmitt spent nearly four years at Albertsons Cos., helping lead its retailer media network, Albertsons Media Collective, as VP, client sales, marketing and account management. Before that, he spent more than 21 years at Procter & Gamble in various roles. 

  • 7/22/2024

    Former Arc Worldwide Exec Returns as Chief Creative Officer

    Chris cancilla arc worldwide chief creative officer appointment

    Arc Worldwide, a commerce engine and retail innovation agency within Publicis Groupe, has named Chris Cancilla as chief creative officer, North America. He will report to Soche Picard, CEO, North America.

    Cancilla will drive transformation for clients using data- and insights-driven creativity to connect with shoppers, according to a statement shared with the Path to Purchase Institute. 

    With more than 30 years of creative experience across disciplines — from identity and advertising to activation and commerce — Cancilla has worked on various brands, including Unilever, Molson Coors, Intel, Dunkin’, The American Red Cross and the Obama Foundation, where he served as creative director from 2021-2022.

    Prior to that, Cancilla served as Arc’s CCO from 2016-2021, and before that as senior vice president, group creative director, from 2004-2008, according to his LinkedIn. After his first stint at Arc, he held similar roles at VML Commerce (then VMLY&R Commerce), Trisect Agency and VSA Partners. 

    Beyond the agency, Cancilla also teaches original coursework for Northwestern University’s Medill Integrated Marketing Communications program and serves on the board of Impact for Equity, a social justice organization in Chicago. 

    “There is no one else I would rather have at my side than Cancilla,” Picard said in the statement. “He is a master of merging the art and science of commerce to connect with people. I’m over the moon welcoming him back to Arc [to help] lead our agency and drive value for our client partners.”

    “It is an honor to be rejoining Arc at such an exciting time in the commerce space,” Cancilla added. “In a world where we have endless data, countless channels and the ability to deploy messages in nanoseconds, Arc brings the critical power of human insights coupled with breakthrough creative ideas. With its talent, culture and commitment to winning together, there’s no agency I’d rather be at.”

  • 7/17/2024

    Petco Names Joel Anderson as CEO

    joel anderson ceo

    Petco Health and Wellness Co.'s board of directors has appointed Five Below CEO and former Walmart executive Joel D. Anderson as CEO, effective July 29. He will also serve on the company's board.

    "I am excited to join Petco at a pivotal time as we reposition the business for a stronger future," Anderson said in a statement. "Petco is the leader in pet health and wellness and I see many opportunities to improve performance."

    Interim CEO R. Michael Mohan will transition from his current role on July 29 to chair a board committee focused on Petco's ongoing value creation initiatives, working with Anderson to ensure a smooth leadership transition.

    "On behalf of the board of directors, I extend our deepest gratitude to [Mohan] for his dedication and leadership," said Glenn Murphy, executive chairman of the board. "He has made a meaningful impact as our interim CEO over the past few months, effectively stabilizing our operations and setting us on the path for continued improvements in performance."

    Anderson’s Background

    Anderson has been CEO of specialty discount chain Five Below, where he led the company's U.S. expansion from 366 stores to more than 1,500, helped launch an e-commerce site, optimized operations, expanded into new categories and saw revenue grow from $500 million to more than $3.5 billion.

    Anderson also previously spent three years as president and CEO of Walmart.com, from 2011-2014, and for four years before that as divisional senior vice president of Walmart's Northern Plains division, overseeing 100,000 associates and more than $25 billion in annual sales. Prior to that, he held various executive positions at Toys R Us over a 14-year period.

    Additionally, Anderson currently serves on Sprouts Farmers Market’s board as a director and is a member of the audit and compensation committees.

  • 7/15/2024

    Partners Work to Keep Ads Off Fraudulent Sites

    internet

    Through a new partnership, Loop Media, a multichannel streaming connected TV platform, will utilize DoubleVerify’s pre-bid fraud and invalid traffic protection solution from its DV Marketplace. The solution will help Loop avoid serving advertisements to sites identified by the Interactive Advertising Bureau (IAB) as invalid or fraudulent. The platform will also leverage DV’s measurement and reporting tools.

    Loop provides curated music videos, sports highlights, news and entertainment channels through its Loop TV service.

    As global CTV advertising spend continues to grow, publishers and advertisers are looking to ensure their media dollars are being spent on valid traffic. Loop said in a statement that its partnership with DV helps to protect advertisers against fraudulent and invalid CTV traffic. This partnership also enables Loop to optimize inventory across its network.

    "DV’s pre-bid protection and media quality verification solution further solidifies our commitment to creating an effective, safe and transparent CTV ecosystem for both advertisers and our platform partners,’” Jon Niermann, founder of Loop, said in the statement. 

    DV offers a set of solutions for CTV environments and detects fraud schemes across inventory types and devices. Loop aims to improve its own supply side offerings with DV's capabilities and fraud measurement tools. 

    “As CTV continues to grow as a critical component of media strategies, it is essential for publishers and advertisers to have confidence in the integrity of their media investments,” added Steve Woolway, executive vice president of business development at DoubleVerify. 

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