New CEO for Conshohocken’s Monetate

Monetate, which was recently based in Conshohocken and continues to have an office along East Hector Street, announced yesterday that Stephen Collins has been named its new Chief Executive Officer. According to the press release, “In this role, Collins will focus on driving continued growth and innovation for Monetate, helping some of the world’s biggest brands transform complex data strategies into meaningful actions.”

“Stephen brings a tremendous amount of expertise and insight to Monetate,” said David Brussin, Founder and Chairman of Monetate. “As an industry veteran of high-growth SaaS companies, he has a proven track record of success and innovation. Stephen is a dynamic leader who cares deeply about customers and we are excited to have him lead us into Monetate’s next growth phase.”

Prior to joining Monetate, Collins was President and CFO of Quantcast, an artificial intelligence technology for programmatic advertising. Collins has also served as CEO and Director at Bazaarvoice and CFO of DoubleClick. In addition to Collins’ operating roles, he is an active angel investor and business advisor.

Collins is moving from Asheville, North Carolina to Philadelphia, where Monetate hosts its largest office (in Conshohocken).

“The relationship between brands and consumers is more critical than ever,” said Collins. “Monetate is in a unique position to create experiences that build trust at scale, something brands today are in need of to be successful. We have the talent, technology, and personalization expertise to propel brands forward, and I am thrilled to be a part of this vibrant organization.”

Collins succeeds Lucinda Duncalfe, who will continue to serve as a member of the Board of Directors. “One of Monetate’s six core values is Customer Focus, and that means ensuring a seamless transition of leadership. Monetate’s co-founder David Brussin remains active in the business, and we are fortunate that Lucinda remains a close member of the Monetate family as well,” said Collins.

“We could not have selected a more qualified CEO than Stephen,” said Duncalfe. “After a rigorous search and considering over 200 candidates, we found the right person with the right vision to lead us. I am confident that he will deliver extraordinary results for our clients, employees, and investors.”

Photo: Monetate’s Facebook