{"id":953077,"date":"2026-04-20T16:28:16","date_gmt":"2026-04-20T20:28:16","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/magnite-announces-retirement-of-cfo-david-day\/"},"modified":"2026-04-20T16:28:16","modified_gmt":"2026-04-20T20:28:16","slug":"magnite-announces-retirement-of-cfo-david-day","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/magnite-announces-retirement-of-cfo-david-day\/","title":{"rendered":"Magnite Announces Retirement of CFO David Day"},"content":{"rendered":"<h2>\nCompany Reaffirms Prior Expectations for Q1 &amp; Full Year 2026<br \/>\n<\/h2>\n<div class=\"mw_release\">\n<p align=\"left\">NEW YORK, April  20, 2026  (GLOBE NEWSWIRE) &#8212; Magnite (Nasdaq: MGNI), the world\u2019s largest independent sell-side advertising platform, today announced the retirement of David Day, Chief Financial Officer (CFO). To ensure a seamless transition, Mr. Day is expected to serve as CFO through September 30, 2026 and then as a special advisor through May 31, 2027. The Board of Directors has initiated a comprehensive search for a new CFO, which will include both external and internal candidates, and Mr. Day will actively participate in the process to find his successor.<\/p>\n<p align=\"start\">\u201cDavid has been an invaluable partner and a steady hand during a period of immense transformation for our company,\u201d said Michael Barrett, CEO of Magnite. \u201cFrom his early days helping lead Magnite\u2019s predecessor, Rubicon Project, through its IPO, to his leadership over the last ten years as CFO, David\u2019s financial stewardship has been essential in building the global leader we are today. We are grateful that he will continue to lead our finance organization as we conduct our search for his successor.\u201d<\/p>\n<p align=\"start\">\u201cOn behalf of the Board, I want to thank David for his extraordinary leadership during a period of significant growth for our company,\u201d added Paul Caine, Chairman of the Board of Directors. \u201cHis strategic vision was instrumental in evolving our financial foundation to meet the demands of our dynamic industry.\u201d<\/p>\n<p align=\"start\">Mr. Day has been a cornerstone of Magnite\u2019s leadership team, overseeing the company\u2019s global financial operations, including planning, accounting, reporting, financial systems, tax, treasury, and investor relations. His tenure is marked by the pivotal 2020 merger between Rubicon Project and Telaria, and acquisition of SpotX and SpringServe, where he played a critical role in the financing, integration and the subsequent scaling of the unified Magnite brand.<\/p>\n<p align=\"start\">\u201cIt has been an incredible journey to help lead Magnite through such a dynamic era of growth,&#8221; said David Day. \u201cI am immensely proud of the company we have built, our world class finance team, and the Company\u2019s robust financial position, which leaves me more confident than ever in Magnite\u2019s long-term success. My priority over the coming months is to ensure that our momentum continues uninterrupted, and to assist Michael and the Board in identifying the right CFO to help lead Magnite into the future.\u201d<\/p>\n<p align=\"start\">Prior to his role at Magnite, Mr. Day held executive roles at several high-growth technology companies including Overture Services, Yahoo! Search Marketing, Spot Runner and ReachLocal. Mr. Day began his career in public accounting with Arthur Andersen and PricewaterhouseCoopers, including an overseas assignment in Frankfurt, Germany.<\/p>\n<p align=\"start\">Magnite reaffirms its expectations for Q1 and full year 2026, as disclosed in the company\u2019s Q4 2025 earnings release on February 25, 2026.<\/p>\n<p align=\"start\">\n        <strong>About Magnite <\/strong><br \/>\n        <br \/>We\u2019re Magnite (NASDAQ: MGNI), the world\u2019s largest independent sell-side advertising company. Publishers use our technology to monetize their content across all screens and formats including CTV, online video, display, and audio. The world\u2019s leading agencies and brands trust our platform to access brand-safe, high-quality ad inventory and execute billions of advertising transactions each month. Anchored in bustling New York City, sunny Los Angeles, mile high Denver, historic London, colorful Singapore, and down under in Sydney, Magnite has offices across North America, EMEA, LATAM, and APAC.<\/p>\n<p align=\"start\">\n        <strong>Forward-Looking Statements<\/strong><br \/>\n        <br \/>This press release contains forward-looking statements, including statements concerning the Company\u2019s CFO succession plan as well as statements concerning the Company\u2019s guidance or expectations with respect to future financial performance. Forward-looking statements are based on assumptions and estimates, and are subject to known and unknown risks, uncertainties and other factors that may cause our actual results, performance or achievements to be materially different from expectations or results projected or implied by forward-looking statements, including factors identified under the caption \u201cRisk Factors\u201d in filings we have made and will make from time to time with the Securities and Exchange Commission, or SEC, including our Annual Report on Form 10-K for the year ended December 31, 2025 and subsequent Quarterly Reports on Form 10-Q. Forward-looking statements are not guarantees of future performance or events and investors are cautioned not to place undue reliance on any forward-looking statement. Furthermore, forward-looking statements speak only as of the date on which they are made, and, except as required by law, the company disclaims any obligation to update these forward-looking statements to reflect future events or circumstances.<\/p>\n<table style=\"border-collapse: collapse;width:99.9765%;border-collapse:collapse\">\n<tr>\n<td style=\"width:49.7771%\">\n            <strong>Media Contact:<\/strong>\n          <\/td>\n<td style=\"width:49.7771%\">\n            <strong>Investor Contact:<\/strong>\n          <\/td>\n<\/tr>\n<tr>\n<td style=\"width:49.7771%\">Charlstie Veith<\/td>\n<td style=\"width:49.7771%\">Nick Kormeluk<\/td>\n<\/tr>\n<tr>\n<td style=\"width:49.7771%\">516.300.3569<\/td>\n<td style=\"width:49.7771%\">949.500.0003<\/td>\n<\/tr>\n<tr>\n<td style=\"width:49.7771%\">\n            <a href=\"mailto:cveith@magnite.com\" rel=\"nofollow\" target=\"_blank\"><br \/>\n              <u>cveith@magnite.com<\/u><br \/>\n            <\/a>\n          <\/td>\n<td style=\"width:49.7771%\">\n            <a href=\"mailto:nkormeluk@magnite.com\" rel=\"nofollow\" target=\"_blank\"><br \/>\n              <u>nkormeluk@magnite.com<\/u><br \/>\n            <\/a>\n          <\/td>\n<\/tr>\n<\/table>\n<p align=\"start\">\n        <strong><br \/>\n          <br \/>\n        <\/strong>\n      <\/p>\n<p>      <img decoding=\"async\" alt=\"\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MzE5OSM3NTQ0ODc3IzIwMTc0MzE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" alt=\"\" src=\"https:\/\/ml.globenewswire.com\/media\/ZWM4Y2FhZTUtODM2NC00YzkzLWFlZWUtNjQ1ZjA3MGVkNjIxLTEwMjkwMDQtMjAyNi0wNC0yMC1lbg==\/tiny\/Magnite-Inc-.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Company Reaffirms Prior Expectations for Q1 &amp; Full Year 2026 NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) &#8212; Magnite (Nasdaq: MGNI), the world\u2019s largest independent sell-side advertising platform, today announced the retirement of David Day, Chief Financial Officer (CFO). To ensure a seamless transition, Mr. Day is expected to serve as CFO through September 30, 2026 and then as a special advisor through May 31, 2027. The Board of Directors has initiated a comprehensive search for a new CFO, which will include both external and internal candidates, and Mr. Day will actively participate in the process to find his successor. \u201cDavid has been an invaluable partner and a steady hand during a period of immense transformation for our company,\u201d said &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magnite-announces-retirement-of-cfo-david-day\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Magnite Announces Retirement of CFO David Day&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-953077","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Magnite Announces Retirement of CFO David Day - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/magnite-announces-retirement-of-cfo-david-day\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Magnite Announces Retirement of CFO David Day - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Company Reaffirms Prior Expectations for Q1 &amp; Full Year 2026 NEW YORK, April 20, 2026 (GLOBE NEWSWIRE) &#8212; Magnite (Nasdaq: MGNI), the world\u2019s largest independent sell-side advertising platform, today announced the retirement of David Day, Chief Financial Officer (CFO). To ensure a seamless transition, Mr. Day is expected to serve as CFO through September 30, 2026 and then as a special advisor through May 31, 2027. The Board of Directors has initiated a comprehensive search for a new CFO, which will include both external and internal candidates, and Mr. Day will actively participate in the process to find his successor. \u201cDavid has been an invaluable partner and a steady hand during a period of immense transformation for our company,\u201d said &hellip; Continue reading &quot;Magnite Announces Retirement of CFO David Day&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/magnite-announces-retirement-of-cfo-david-day\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2026-04-20T20:28:16+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=OTY5MzE5OSM3NTQ0ODc3IzIwMTc0MzE=\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"4 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magnite-announces-retirement-of-cfo-david-day\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magnite-announces-retirement-of-cfo-david-day\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Magnite Announces Retirement of CFO David Day\",\"datePublished\":\"2026-04-20T20:28:16+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magnite-announces-retirement-of-cfo-david-day\\\/\"},\"wordCount\":742,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magnite-announces-retirement-of-cfo-david-day\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.globenewswire.com\\\/newsroom\\\/ti?nf=OTY5MzE5OSM3NTQ0ODc3IzIwMTc0MzE=\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magnite-announces-retirement-of-cfo-david-day\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/magnite-announces-retirement-of-cfo-david-day\\\/\",\"name\":\"Magnite Announces Retirement of CFO David Day - 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To ensure a seamless transition, Mr. Day is expected to serve as CFO through September 30, 2026 and then as a special advisor through May 31, 2027. 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