Ad tech player Criteo has lost its managing director following sudden departure of boss David Raitt after just 12 months in the role, Mumbrella can reveal.
Raitt has departed Criteo
A spokesman for the company, which specialises in digital advertising, retargeting and performance marketing, confirmed the sudden departure but declined to comment on the reasons for the change.
“We can confirm that David Raitt is no longer an employee of Criteo,” said a Criteo spokeswoman. His LinkedIn profile still has Raitt listed in the managing director role.
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Raitt joined the Criteo Sydney office following a stint as sales director for Spotify for Australia and New Zealand. He previously worked with leading travel brands as head of travel for Google in both Sydney and London.
Commercial director Prasanth Sankaran has assumed Raitt’s responsibilities in an interim capacity.