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VANCOUVER, Wash. - ZoomInfo (NASDAQ: ZI), a Go-To-Market Intelligence platform currently valued at $3.3 billion, announced the appointment of Rob Giglio to its Board of Directors, set to take effect on March 1, 2025. Giglio will also join the Board’s Nominating and Corporate Governance Committee. This move follows the resignation of Patrick McCarter, effective February 28, 2025, after eight years of service. According to InvestingPro data, ZoomInfo maintains impressive gross profit margins of 88.3% and shows promising growth potential.
Rob Giglio brings over two decades of experience in global marketing and sales, currently serving as Chief Customer Officer at Canva. His previous roles include Chief Customer Officer at HubSpot (NYSE:HUBS) and Chief Marketing Officer at DocuSign (NASDAQ:DOCU), along with an 11-year tenure at Adobe (NASDAQ:ADBE) where he led the global sales and go-to-market team.
ZoomInfo’s CEO, Henry Schuck, expressed confidence in Giglio’s abilities, citing his focus on customer-driven results as a valuable asset to the Board. Giglio himself acknowledged ZoomInfo’s customer-centric approach and expressed enthusiasm for his new role.
With Giglio’s appointment, ZoomInfo maintains a 10-member Board, with nine independent directors. Schuck also took the opportunity to thank McCarter for his significant contributions and strategic guidance over the years.
This announcement coincides with ZoomInfo’s release of its fourth quarter and full-year 2024 financial results. The company’s stock has experienced an 8.3% decline over the past week, though InvestingPro analysis suggests the stock may be undervalued at current levels. A conference call to discuss these results is scheduled for today, with live participation available via telephone registration and a webcast on the company’s investor relations website. Investors seeking detailed financial analysis can access comprehensive metrics and additional ProTips through InvestingPro’s research reports.
ZoomInfo, recognized for its data privacy practices, provides AI-ready insights and advanced automation to over 35,000 companies globally. With a revenue base of $1.2 billion and analysts projecting continued profitability, the platform aims to enhance the go-to-market strategies of businesses, contributing to accelerated revenue growth.
This article is based on a press release statement from ZoomInfo.
In other recent news, ZoomInfo Technologies Inc. announced the departure of its Chief Technology Officer, Ali Dasdan, who will leave the company on March 2, 2025, to pursue a new opportunity. The company has yet to name a successor, leaving a significant vacancy in its leadership team. This development comes as ZoomInfo continues to navigate the competitive software services industry, with the search for a new CTO likely becoming a top priority. Meanwhile, ZoomInfo has also appointed Katie Rooney to its Board of Directors, effective February 1, 2025. Rooney, currently the CFO at Maven, brings over 20 years of experience in finance and operations to the board. Her appointment includes positions on both the Audit and Nominating and Corporate Governance Committees. CEO Henry Schuck and Patrick McCarter, Chair of the Nominating and Corporate Governance Committee, emphasized Rooney’s expertise in finance and strategy as beneficial to ZoomInfo’s growth objectives. These developments reflect ZoomInfo’s ongoing efforts to strengthen its leadership and maintain its competitive edge.
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