Kubient, Inc. Announces Termination of Mitchell Berg as Chief Technology Officer
May 14, 2024 at 02:43 pm EDT
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On May 3, 2024 (the ?Separation Date?), as part of the reduction in workforce plan, Kubient, Inc. terminated the employment of Mitchell Berg as Chief Technology Officer of the Company without cause. In connection with Mr. Berg?s departure, the Company plans to enter into a separation agreement and general release (the ?Separation Agreement?) with Mr. Berg that will include the severance payments and other benefits to which Mr. Berg is entitled pursuant to his current employment agreement with the Company.
Kubient, Inc. is a technology company. The Company provides Audience Marketplace, a cloud-based software platform for real-time trading of digital, programmatic advertising. Its platform enables advertisers and publishers to transact directly with each other on an open, end-to-end real-time bidding platform for programmatic digital advertising. Its advertising inventory on its platform is available in any channel: desktop, mobile, digital out-of-home, and connected devices; and in any format: video, display, audio, and native. Its fully integrated audience platform provides a fraud-minimized, transparent, independent advertising marketplace that facilitates intelligent decision-making, and automated transaction execution for the programmatic advertising industry. Its platform offers a machine learning fraud prevention solution, extremely low latency times and an audience management platform, which provides omni-channel access into all advertising channels, inventory and ad formats.