Semrush Holdings, Inc. Announces Resignation of Roman Simonov as Board of Director and Member of the Compensation Committee
February 20, 2024 at 05:13 pm EST
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Semrush Holdings, Inc. announced on February 15, 2024, Mr. Roman Simonov notified the board of directors (the board) of the company that he intends to resign as a member of the board and as a member of the compensation committee of the board effective February 16, 2024. Mr. Simonov states in his resignation letter that his resignation is for personal reasons and not the result of any disagreement with the company on any matter relating to the company?s operations, policies or practices. As a result of Mr. Simonov?s resignation, the size of the Board was reduced to 8 directors, effective upon such resignation.
Semrush Holdings, Inc. is a provider of an online visibility management software-as-a-service (SaaS) platform. The Companyâs platform enables companies globally to identify and reach the right audience for their content, in the right context, and through the right channels. The Company utilizes proprietary technology and machine learning capabilities to aggregate, cleanse, and analyze broad and deep datasets to derive differentiated insights and analytics for its customers to manage their online visibility. Its ability to aggregate, crawl, and process massive data sets, including search engine, Website traffic, backlink, online advertising, panel, and social media data, combined with its ability to obtain data from its customers through application programming interfaces (APIs), enables its software to generate a comprehensive view of a companyâs online visibility profile and identify the specific keywords, advertisements, third-party websites, and content that are driving traffic.