Monday, 2 October 2023

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Cardlytics Appoints Alex Mishurov to its Board of Directors – TipRanks Financial Blog

ATLANTA, Sept. 19, 2023 (GLOBE NEWSWIRE) — Cardlytics, Inc. (NASDAQ: CDLX), an advertising platform in banks’ digital channels, is excited to announce the appointment of Alex Mishurov as an independent member of its Board of Directors. Mishurov will serve on the Board’s Compensation Committee, Nominating and Corporate Governance Committee and Transaction Committee. In connection with Mishurov’s appointment, Cardlytics entered into a cooperation agreement with CAS Investment Partners, a 14.4% stockholder of the Company.

“Alex’s global background and long-term focus will make him an excellent contributor to our Board of Directors,” said Cardlytics CEO Karim Temsamani. “He is a strategic thinker with a proven track record in the financial industry, and we are confident that his insights will support us on our path to continued growth and product innovation.”

Through his role at KPS Global Asset Management, Mishurov is also a long-time investor in Cardlytics. “I commend Cardlytics for bringing a fresh and important point of view to its Board of Directors, particularly that of a long-time and meaningful stockholder,” said CAS Investments Partners founder and portfolio manager Clifford Sosin. “I can attest to Alex’s strong business acumen and I am confident he will be an excellent representative for stockholders in the Boardroom. His financial and strategic insights will be highly beneficial to the Company, which I believe is well-positioned to drive significant stockholder value. The new leadership team’s product-led strategy is moving the business in the right direction, and I am excited to see Cardlytics begin to fulfill its vast potential.”

Mishurov is the Chief Executive Officer and Chief Investment Officer of KPS Global Asset Management, a globally recognized alternative investment firm with a focus on technology, e-commerce, and robotics. Before KPS Global Asset Management, Mishurov held positions at Tremblant Capital Group, The Blackstone Group and Salomon Smith Barney, all in New York City.

Born in Minsk, Belarus, Mishurov obtained his undergraduate degree from the University of Colorado Boulder in 1998 and obtained his MBA from Harvard Business School in 2004. He currently resides in London, England.

The cooperation agreement includes customary standstill, voting and other provisions. A copy of the cooperation agreement will be filed with the SEC on Form 8-K.

About Cardlytics

Cardlytics (NASDAQ: CDLX) is a digital…

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