OpenWeb and its founder and former CEO Nadav Shoval have come to a mutually agreed resolution pursuant to which Mr. Shoval will transition out of the CEO position. Mr. Shoval will continue to support the company in the capacity of a senior advisor to the Company’s CEO. OpenWeb remains committed to our vision of a web that is safe for users, profitable for publishers, and fair for advertisers. We will continue to offer best-in-class engagement experiences, powering communities anywhere that connect people over their passions.
About OpenWeb
OpenWeb’s mission is to improve online conversation. As a product company, OpenWeb partners with publishers and brands to build strong, direct relationships with their audiences. OpenWeb’s technology empowers its partners to build vibrant communities rooted in healthy conversations and robust social experiences. OpenWeb works with more than 5,000 partners, hosting over 150 million monthly active users.