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Company Continues to Bolster Its Focus on Bringing 1-to-1 Personalization to Market
New York (Jan. 17, 2017) – Monetate, the worldwide leader in personalization, today announced the promotion of Adam Litle to Vice President of Sales, North America. In this newly created executive role, Litle will be responsible for leading the company’s aggressive sales strategy in North America, with a focus on helping consumer-facing brands in retail, e-commerce and other sectors create individualized experiences that increase customer engagement and improve performance. He will report directly to Monetate President and CEO Lucinda Duncalfe and join the executive leadership team.
This appointment comes at a pivotal time in Monetate’s evolution. Last week, the company announced plans to transition its headquarters to New York City this year, a move that will allow it to better serve its current and potential customers. Both changes are among a series of strategic moves the company is making in the first half of 2017 to fast-track growth and create the first true technology platform for 1-to-1 personalization.
“Monetate is fundamentally changing the way brands are interacting with their customers,” said Lucinda Duncalfe, CEO of Monetate. “Our overarching goal is to help them build meaningful 1-to-1 relationships. Our sales team will play a critical role in ensuring that vision becomes a reality. Adam has helped our early adopting clients move towards their 1-to-1 visions. He has expertise in the market, knows the challenges brands face, and the benefits of our forthcoming product at a depth that makes him the ideal leader for the team.”
Litle previously served as General Manager of Monetate’s personalization business unit, dedicated to growing the company’s machine-learning product line. In that role, Litle worked with Monetate’s most advanced clients and prospects to refine its strategy around 1-to-1 personalization. Prior to Monetate, Litle was on the founding management team and held leadership roles in sales, business development, customer success and finance for Granular, a vertical SaaS startup backed by leading venture capital firms Andreessen Horowitz, Khosla Ventures and Google Ventures. Before that, he worked in product management and corporate development at Codexis, an emerging biotech company, as well as in investment banking for Barclays Capital. Litle holds a bachelor’s degree from Yale University and JD/MBA from the University of Michigan.
Litle is based out of Monetate’s office in Palo Alto, Calif. As he continues to expand Monetate’s west coast presence, he will also spend significant time with customers in the field and at the new NYC corporate headquarters.
Monetate, the global leader in personalization software for consumer-facing brands, enables marketers to create experiences with improved relevance for every customer, increasing their engagement and boosting business outcomes. Powered by artificial intelligence, the Monetate Intelligent Personalization Engine makes it easy to test and optimize, segment and target, recommend products, and even create true 1-to-1 omnichannel experiences. The company was recognized as an industry leader by two leading analyst firms in June 2018 and August 2018. Founded in 2008, with offices in the U.S. and Europe, Monetate is used by leading brands around the world and influences billions of dollars in revenue every year for QVC, Newegg, Timberland, Carnival, The North Face, and hundreds of other market leaders. Learn more at www.monetate.com.