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InMobi hires Marc Steifman as its Chief Financial Officer

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InMobi hires Marc Steifman as its Chief Financial Officer

Independent mobile advertising platform, InMobi,today announced the appointment of Marc Steifman as the company’s Chief Financial Officer.

Steifman has over two decades of experience working in investment banking focused on growth companies. In the past, he has advised more than 100 clients in transactions totaling over USD $25 billion. In his last stint, he served as Managing Director and Co-Head of Piper Jaffray’s Technology Investment Banking Group. His transaction experience includes advising on M&A, IPOs and raising private capital across the U.S., Europe, and Asia.

“We have found a partner in Marc. His appointment comes at a critical time when, as an organization, all of us are expending a significant amount of our energies on inorganic growth; to explore and foray into newer dimensions of our business. The depth and breadth of his expertise will bring in the financial efficacy that InMobi currently needs, while we continue to scale up at exceptional speed,” said Naveen Tewari, Founder and CEO at InMobi.

His appointment as the new CFO reinforces InMobi’s recent exponential growth. This is reflective of the company’s profitability propelled by a 10-year foundation that has underpinned that growth; supported by the recent acquisition of Los Angeles based AerServ.

“I am thrilled to join InMobi and the versatile environment that’s currently up for offer at this global company. Finance and business growth have a symbiotic relationship, and I’m thrilled to architect the current inorganic expansion plans that are underway here,” said Marc Steifman, CFO at InMobi. “The finance pillar is integral to any organization’s success, but when global boundaries don’t exist, the continually changing set of circumstances make financial decisions imperative to setting a global corporate strategy.”

He joins the executive leadership team and will report to InMobi’s Founder and CEO, Naveen Tewari. He will be based out of the San Francisco office.

Before Piper Jaffray, Steifman was Managing Director at Jefferies and Co. and Bear Stearns, and Vice President at Prudential Securities. Marc graduated with an AB in Economics from Dartmouth College, and received an MBA in Accounting and Finance from the University of Chicago Booth School of Business.

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