Criteo Appoints Connor McGogney as Chief Strategy Officer to Drive AI and Commerce Media Growth

Criteo has promoted Connor McGogney to Chief Strategy Officer, following his success in overseeing global partnerships and corporate development since 2018. McGogney's appointment is expected to accelerate innovation and long-term growth initiatives centered on AI and commerce media. However, the company faces challenges in reaccelerating top-line growth and addressing competition from tech giants with deeper first-party data and platform advantages.

Criteo (NASDAQ: CRTO), a global platform connecting the commerce ecosystem, has announced the promotion of Connor McGogney to Chief Strategy Officer. McGogney, who previously served as Chief Business Development Officer, has been instrumental in advancing the company's growth through strategic partnerships and acquisitions since joining in 2018 [1].

McGogney has played a central role in building Criteo's partnership ecosystem and oversaw the acquisition of several retail media acquisitions and Iponweb, significantly enhancing the company's platform capabilities and reinforcing its leadership in commerce media [2]. His appointment as Chief Strategy Officer will see him continue to oversee partnerships and corporate development, while also focusing on Criteo's corporate strategy and long-term growth agenda [1].

As Chief Strategy Officer, McGogney will work closely with leaders across the organization to identify new growth opportunities, deepen Criteo's market positioning, and leverage AI-driven innovation to strengthen Criteo's role as the preferred partner in the commerce ecosystem [1]. Prior to joining Criteo, McGogney served as Vice President, Global M&A and Corporate Development at Nielsen, and earlier as Vice President, Media and Technology Investment Banking at Credit Suisse [1].

Criteo's appointment of McGogney comes at a time when the company is facing challenges in reaccelerating top-line growth and addressing competition from tech giants with deeper first-party data and platform advantages [3]. The company has seen attrition with clients like Uber Eats and Target's Roundel rolling back their relationships with Criteo [3]. However, Criteo has held steady so far, and September will be a major moment for the company as many RFPs remain undecided [3].

Additionally, Criteo's Chief Financial Officer, Sarah Glickman, disclosed an insider sell on August 26, selling 3,981 shares of Criteo for a total transaction value of $95,782 [4]. The stock price remained unchanged at $24.3 during Wednesday's morning session. The insider transaction is not necessarily indicative of a bearish view but can be motivated by various factors.

Criteo's revenue growth rate over the 3 months period ending June 30, 2025, was 2.41%, reflecting a substantial increase in top-line earnings [4]. However, the company's gross margin of 53.56% indicates potential difficulties in maintaining profitability compared to its peers. The company's earnings per share (EPS) outshone the industry average, indicating a strong bottom-line trend with a current EPS of 0.4. Criteo maintains a balanced debt approach with a debt-to-equity ratio below industry norms, standing at 0.11 [4].

Criteo's P/E ratio of 10.25 and P/S ratio of 0.71 indicate attractive valuations, presenting potential buying opportunities for investors interested in the company's sales performance [4]. However, the company's EV/EBITDA ratio of 4.03 reflects a below-par valuation compared to industry averages, signaling undervaluation.

References:
[1] https://criteo.investorroom.com/2025-08-26-Criteo-Promotes-Connor-McGogney-to-Chief-Strategy-Officer
[2] https://www.marketscreener.com/news/criteo-announces-the-promotion-of-connor-mcgogney-to-chief-strategy-officer-ce7c50d9da8ff524
[3] https://www.adweek.com/commerce/criteo-vs-the-upstarts-a-retail-media-showdown/
[4] https://www.benzinga.com/insights/news/25/08/47361199/sarah-glickman-implements-a-sell-strategy-offloads-95k-in-criteo-stock