AcuityAds Appoints Elliot Muchnik As Chief Financial Officer

AcuityAds Appoints Elliot Muchnik As Chief Financial Officer

AcuityAds Holdings Inc. (TSX: AT) (Nasdaq: ATY) (“AcuityAds” or the “Company”), a digital advertising technology leader that provides targeted media solutions enabling advertisers to connect intelligently with audiences across advertising channels, today announced the appointment of Elliot Muchnik, CPA, CA as Chief Financial Officer.

Mr. Muchnik joins AcuityAds from Richardson Wealth Limited, one of Canada’s largest, regulated independent wealth management firms with over $35 billion in assets under administration, where he served as Chief Financial Officer and Corporate Secretary since 2007.  During his tenure with Richardson Wealth, Mr. Muchnik helped lead the company to exponential revenue growth.  Previously, he was a Senior Vice President and Managing Director at BMO Nesbitt Burns. Mr. Muchnik holds a Bachelor of Business Administration from York University.

Mr. Muchnik will succeed Tatiana Kresling, who has served as the Company’s Interim Chief Financial Officer since September 2021.

“On behalf of the entire AcuityAds team, I welcome Elliot as our CFO and look forward to his contributions,” said Tal Hayek, Co-Founder and Chief Executive Officer of AcuityAds.  “His extensive financial, operational and M&A experience make him the ideal choice to help drive AcuityAds’ continued growth and profitability as we continue to advance our illumin platform, which is revolutionizing the programmatic advertising industry. I would also like to recognize and thank Tatiana for her outstanding work as Interim CFO.”

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