Adam Soroca is Magnite’s Chief Product Officer responsible for the company’s strategic product direction, product roadmap and go-to-market initiatives. Before taking on the newly created role in May 2021 following the acquisition of SpotX, Adam led the global revenue and go-to-market strategy for Magnite’s buy-side business serving brands, agencies and buying platforms.
Adam served as Co-Founder Chief Executive Officer and Director of nToggle acquired by Rubicon Project in 2017. He founded nToggle to help buyers and sellers trade with greater efficiency and transparency as the programmatic era comes of age. The core nToggle technology is now deeply integrated into the Magnite platform. Adam is both a digital advertising entrepreneur and inventor, holding over 90 awarded patents spanning mobile advertising and search techniques.
Adam was Chief Product Officer at Millennial Media (via acquisition of Jumptap), where he oversaw the global product and operations teams. As Chief Product Officer and a founding leadership team member at Jumptap, he helped build it into the leading mobile programmatic and audience platform. He pioneered bringing both audience data (DMP) and programmatic capabilities (DSP) to the mobile industry. Prior to Jumptap, he served as General Manager of Search Services for Lycos, Inc., which included overseeing Lycos Search and HotBot, the award-winning, leading search engines in the Lycos Network. Adam’s other experience includes Group Product Manager for Lycos InSite™, running three business units for internet retailer MotherNature.com and managing business development for Cybersmith.
Adam graduated with cum laude honors from Middlebury College and lives in Cambridge, MA with his wife Karen, and daughters Sarah and Julia.
What is Adam Lee Soroca's net worth?
The estimated net worth of Adam Lee Soroca is at least $6.88 million as of November 22nd, 2024. Mr. Soroca owns 421,347 shares of Magnite stock worth more than $6,884,810 as of December 21st. This net worth estimate does not reflect any other assets that Mr. Soroca may own. Additionally, Mr. Soroca receives an annual salary of $784,490.00 as Insider at Magnite. Learn More about Adam Lee Soroca's net worth.
How old is Adam Lee Soroca?
Mr. Soroca is currently 51 years old. There are 7 older executives and no younger executives at Magnite. The oldest executive at Magnite is Mr. David L. Day, Chief Financial Officer, who is 63 years old. Learn More on Adam Lee Soroca's age.
What is Adam Lee Soroca's salary?
As the Insider of Magnite, Inc., Mr. Soroca earns $784,490.00 per year. There are 4 executives that earn more than Mr. Soroca. The highest earning executive at Magnite is Mr. Michael G. Barrett, President and Chief Executive Officer, who commands a salary of $1,150,000.00 per year. Learn More on Adam Lee Soroca's salary.
How do I contact Adam Lee Soroca?
Has Adam Lee Soroca been buying or selling shares of Magnite?
During the past quarter, Adam Lee Soroca has sold $264,020.40 of Magnite stock. Most recently, Adam Lee Soroca sold 8,328 shares of the business's stock in a transaction on Friday, November 22nd. The shares were sold at an average price of $17.00, for a transaction totalling $141,576.00. Following the completion of the sale, the insider now directly owns 421,347 shares of the company's stock, valued at $7,162,899. Learn More on Adam Lee Soroca's trading history.
Who are Magnite's active insiders?
Magnite's insider roster includes Michael Barrett (President and Chief Executive Officer), Paul Caine (Director), David Day (CFO), Katie Evans (COO), Shawna Hughes (CAO), Thomas Kershaw (CTO), Douglas Knopper (Director), Rachel Lam (Director), Joseph Prusz (CRO), Aaron Saltz (General Counsel), Adam Soroca (Insider), and Lisa Troe (Director). Learn More on Magnite's active insiders.
Are insiders buying or selling shares of Magnite?
In the last year, insiders at the sold shares 32 times. They sold a total of 777,764 shares worth more than $11,621,414.21. The most recent insider tranaction occured on December, 16th when CFO David Day sold 11,644 shares worth more than $191,427.36. Insiders at Magnite own 4.3% of the company.
Learn More about insider trades at Magnite. Information on this page was last updated on 12/16/2024.
