Home Social Media Socialbakers Nabs Criteo Exec Robert Lang As Its New CEO

Socialbakers Nabs Criteo Exec Robert Lang As Its New CEO

SHARE:

sb2Prague-based Socialbakers added Robert Lang as its new CEO on Wednesday. The social media metrics firm described Lang as a key Criteo executive who helped the French ad tech company expand internationally.

Lang replaces Jan Rezab, a founder of the company. Rezab will stay on as executive chairman.

Coming from Criteo, Lang said he saw a lot of clients’ ad budgets spent on the big publishers, but he also observed Facebook’s explosive growth in the ad space.

“If you’re a chief marketing officer and you want to reach your audience, that trend’s hard to ignore,” Lang said. “A lot of Internet traffic happens on social platforms. In the end, both Criteo and Socialbakers cater to the needs of a chief marketing officer, just in a different way.”

“The difference between Criteo and Socialbakers is clear,” added Rezab. “We’re a data analytics company in the space of social media, but we cater to the same person. We’re seeing much more need at the CMO level for analytics and getting the metrics that matter.”

Over the course of years, Lang expanded Criteo’s client ties in Scandinavia, Latin America, Eastern Europe, the Middle East and Africa. Prior to joining Criteo, Lang was the CEO of Result, a global firm focused on helping entrepreneurs with international expansion.

Lang will use that experience to fuel Socialbakers’ global growth.

“My passion has always been scaling European tech companies,” Lang said. “Too often, European companies lack global ambition and the funding to do that. I’m coming from Criteo, where we proved the contrary.”

Backed by Index Ventures and Earlybird Venture Capital, Socialbakers has raised $34 million, and its clients include CPG brands like Nestlé, L’Oréal and Jägermeister and telecoms like Orange and airtel.

It has 330 employees and about 3,000 clients, mostly in Europe.

Socialbakers’ search for a new CEO started about a year ago. In the past six months, the firm has been working to revamp its analytics platform, and rewrote its code from the ground up.

The firm also focused on launching its Paid Post Detection product, which offers the ability to detect if post on a public Facebook page is being promoted, based on public data.

Socialbakers has competitors in a number of areas, including social listening vendors, large marketing clouds that offer social analytics as part of a suite and the social platforms themselves, through their built-in measurement tools.

Additional competition comes from smaller or regional agencies focused on social listening and analytics, Rezab said.

Rezab declined to disclose revenues.

Must Read

Los Angeles, California - 26 February 2023: Reddit social media platform displayed on smart device

Reddit Is Going Login Only. Blame Google

Starting in Q4, Reddit will test logged-in-only mode to protect its user engagement, improve ad targeting and keep AI from scraping its content.

DoorDash Acquires Instacart As Consolidation Comes For Mobility Media

DoorDash on Thursday confirmed the rumors and announced its intention to acquire Instacart at a $17 billion valuation.

Meta’s $25 Billion Privacy Fine In New Mexico Is A Big Number. But Is It A Big Deal For Ad Tech?

Last week, a district court judge in New Mexico ordered Meta to pay $25 billion for misleading Facebook users about how it handled their data. Does it matter?

Privacy! Commerce! Connected TV! Read all about it. Subscribe to AdExchanger Newsletters
Comic: Gamechanger (Google lost the DOJ's search antitrust case)

Google Earned More Than $100 Billion In Ad Revenue Last Quarter, But Is It Even An Ad Business?

Google earned $127.6 billion in Q3, up 25% year over year, practically all of which came from ads. Yet advertising hardly came up during its earnings call on Wednesday evening.

Flat Hand Holding a magnifying glass, find the person you want from many people. Find the right thing for you.

Meta Has A New Ad Ranking System Built On LLMs, Plus Upgrades To Andromeda And GEM

Meta now scores every eligible ad for every impression at more than a billion ads per second, one of three ad ranking upgrades Meta announced on Wednesday.

Marketbridge Acquires The B2B Advertising And Analytics Startup Channel99

The agency services group Marketbridge added to its portfolio on Tuesday by announcing its acquisition of Channel99, a B2B advertising and attribution tech company.