Mobile advertising accounts for 76% of that spending as marketers increasingly shift spending to the social network’s mobile ads.
Mall Networks, which offers merchant loyalty programs, has hired Chris Hemme as chief financial officer. Hemme has 20 years of experience in accounting and financial services.
Mall Networks Inc., which offers merchant-funded loyalty programs, has hired Chris Hemme as chief financial officer. Hemme has 20 years of experience in accounting and financial services.
"We are thrilled to have Chris join our company at a time where Mall Networks is seeing tremendous growth and momentum in the marketplace," says Tom Beecher, president and CEO of Mall Networks. "He is a proven finance leader with more than 20 years of achievement in growth-oriented companies. Chris`s background is a perfect fit for us as we forge ahead in 2009, and he is a valuable addition to our executive team."
Hemme was formerly vice president of finance and chief financial officer at SoundBite Communications, which helps companies deliver voice, text and e-mail programs to consumers. While at SoundBite, Hemme worked to take the company public and also designed and built out finance infrastructure, including all accounting, financial planning and reporting. Before SoundBite, Hemme was the corporate controller for Winphoria Networks, Inc. which was acquired by Motorola.
Hemme has also held financial positions at electronics companies Gold Circuit Electronics and Satcon Technology Corporation and shoe manufacturer The Stride Rite Corporation.
Mall Networks works with more than 700 merchants providing online and in-store shopping programs for its more than more than 100 million members. Its clients include Best Buy and Shop.org.