Rocket Fuel (FUEL) Announces Management Changes; BMO Capital Cuts Price Target to $5

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Rocket Fuel Names Former Salesforce.com and Microsoft Executive Randy Wootton as Chief Executive Officer

November 4, 2015 4:19 PM EST

Board Taps Wootton, Rocket Fuels Chief Revenue Officer Since March, Based on Track Record Scaling Global Operations, SaaS and Marketing Tech Expertise, and Success Driving Change

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Rocket Fuel (NASDAQ: FUEL), a leading Programmatic Marketing Platform provider, has named Randy Wootton, 47, as its new chief executive officer. Wootton joined Rocket Fuel in March as chief revenue officer and will replace Monte Zweben, who has been acting as interim CEO since March. The Rocket Fuel Board of Directors selected Wootton based... More

Rocket Fuel Reports Financial Results for Third Quarter 2015, Appoints New CEO and Announces Management Changes

November 4, 2015 4:16 PM EST

Revenue Grew 10% and Non-GAAP Net Revenue Grew 15% Year over Year

Company Reports Positive Adjusted EBITDA in the Third Quarter

REDWOOD CITY, Calif., Nov. 4, 2015 (GLOBE NEWSWIRE) -- Rocket Fuel Inc. (NASDAQ: FUEL), a leading programmatic marketing platform provider that uses artificial intelligence (AI) at Big Data scale to optimize marketing ROI for global agencies and enterprise marketers, today reported results for the third quarter ended September 30, 2015. Rocket Fuel posted 10% growth in revenue and 15% growth in non-GAAP net revenue over the third quarter of last year, and positive adjusted... More

Rocket Fuel Expands Sales Leadership With Top Talent in Agency Relations and Business Development

November 3, 2015 9:00 AM EST

Company Adds Vice Presidents to Holding Company Relations and Global Alliances and Channels Teams

REDWOOD CITY, Calif.--(BUSINESS WIRE)-- Rocket Fuel (NASDAQ: FUEL), a leading Programmatic Marketing Platform provider, today announced two top industry executives have joined its sales and services team as the company continues to aggressively execute its agency relations and expanded channel strategy. James Huang has joined Rocket Fuel as vice president of global alliances and channels, and Phil Frank has joined the company as vice president for holding company relations.

Huang will focus... More