ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Similarweb Announces Planned CFO Departure After 10 Years Of Service

Similarweb Ltd. (NYSE: SMWB), a leading digital data and market intelligence company, today announced that after a decade of service, Jason Schwartz, Chief Financial Officer, will be leaving the company to pursue other opportunities. The company has initiated a search for a new CFO. Mr. Schwartz will continue in his role until his departure or until a successor is appointed, to ensure a smooth transition.

“Jason has been an integral part of Similarweb’s journey,” said Or Offer, Co-Founder and CEO of Similarweb. “Since joining the company 10 years ago, he has helped guide us from a $20 million revenue startup to a fast-growing, profitable, and cash-generative business listed on the NYSE. Beyond the numbers, Jason has been a trusted partner, a steady hand through our growth stages, and a true colleague and friend. After such a meaningful tenure, it’s natural that he is ready for his next chapter, and on behalf of the entire team, I want to thank him for his many contributions and wish him every success in the future.”

“It’s been an incredible journey," said Jason Schwartz. “I’m proud of what we’ve achieved and grateful to Or and the rest of the team for the opportunity to help build one of the most innovative companies in digital intelligence. I leave confident that Similarweb is in great hands and well-positioned for continued success.”

Or Offer added, ”The company recently reported strong second quarter financial results that were better than expected, including positive non-GAAP operating profit*, and which reflect the demand for its digital data and its continued focus on disciplined execution. Our financial position is strong, and we remain focused on executing against our strategic priorities — including AI innovation, enterprise expansion, and sustainable growth. We are confident in meeting our Q3 financial targets and reaffirm our full year guidance, reflecting our strong momentum and execution discipline.”

About Similarweb

Similarweb powers businesses to win their markets with Digital Data. By providing essential web and app data, analytics, and insights, we empower our users to discover business opportunities, identify competitive threats, optimize strategy, acquire the right customers, and increase monetization. Similarweb's products are integrated into users’ workflow, powered by advanced technology, and based on leading comprehensive Digital Data.

Learn more: Similarweb | Similarweb Digital Data

Free Tools: Analyze any website or app | Verify your website | Browser extension

Follow us: Blog | LinkedIn | YouTube | Instagram | X

*This statement references a non-GAAP financial measure. Reconciliations to the most directly comparable GAAP financial measures are available in the earnings release and the earnings presentation for our second quarter ended June 30, 2025, filed on the Report of Foreign Issuer Pursuant to Rule 13a-16 OR 15d-16 on Form 6-K filed with the U.S. Securities and Exchange Commission on August 12, 2025.

Contacts

Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms Of Service.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.