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    Ziprecruiter Inc (ZIP)

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    ZipRecruiter, Inc. (ZIP) is an online employment marketplace that connects employers and job seekers, primarily operating in the United States. The company leverages technology, including machine learning algorithms, to streamline the hiring process by matching job postings with qualified candidates. ZipRecruiter generates revenue through subscription plans and performance-based services tailored to employers' hiring needs.

    1. Subscription Revenue - Offers employers subscription plans to post job listings and access tools for managing job postings and tracking applicants.
    2. Performance-Based Revenue - Provides performance marketing services where employers pay based on specific outcomes, such as job ad clicks or applications.
    NamePositionExternal RolesShort Bio

    Ian Siegel

    ExecutiveBoard

    Chief Executive Officer and Chairperson of the Board

    None

    Ian Siegel co-founded ZipRecruiter in 2010 and has served as CEO since then. He has led the company to become a leading online employment marketplace. He holds a B.A. in Sociology from Oberlin College.

    View Report →

    Amy Garefis

    Executive

    Executive Vice President, Chief People Officer

    None

    Amy Garefis joined ZipRecruiter in 2013 and has held roles in accounting and people operations. She holds a B.A. in Economics from UCSB and is a CPA (inactive).

    Boris Shimanovsky

    Executive

    Executive Vice President, Chief Technology Officer

    None

    Boris Shimanovsky has served as CTO since 2020. No additional details about his background are provided in the documents.

    David Travers

    Executive

    President

    Managing Partner at Basepoint Ventures; Partner at Rustic Canyon Partners

    David Travers joined ZipRecruiter in 2015 as CFO and became President in 2021. He holds a B.A. from Stanford and an M.B.A. from Harvard.

    Lora Bartolome

    Executive

    Senior Vice President, Accounting and Controller

    None

    Lora Bartolome joined ZipRecruiter in 2020 and has held various accounting leadership roles. She is a CPA (inactive) and holds dual B.S. degrees in Accounting and Business Administration from USC.

    Ryan Sakamoto

    Executive

    Executive Vice President, Chief Legal Officer, and Secretary

    None

    Ryan Sakamoto joined ZipRecruiter in 2016 as General Counsel. He holds an A.B. from Harvard, an M.B.A. from UCLA, and a J.D. from UC Berkeley.

    Timothy Yarbrough

    Executive

    Executive Vice President, Chief Financial Officer

    None

    Timothy Yarbrough is the CFO of ZipRecruiter. No additional details about his background or start date are provided in the documents.

    Blake Irving

    Board

    Director

    Board Member at Autodesk, DocuSign, and FlowHub; Advisor to McLaren Formula One Team

    Blake Irving joined the Board in 2018. He is the former CEO of GoDaddy and has held leadership roles at Yahoo! and Microsoft.

    Brie Carere

    Board

    Director

    EVP, Chief Customer Officer at FedEx Corporation

    Brie Carere joined the ZipRecruiter Board in 2022. She is also EVP and Chief Customer Officer at FedEx. She holds a B.S. in Commerce from McMaster University.

    Cipora Herman

    Board

    Lead Independent Director

    Board Member at Opendoor Technologies; Advisor at Athlete’s Voices; Director at Bay Area Host Committee

    Cipora Herman joined the Board in 2018. She has held CFO roles at LA28 and the San Francisco 49ers and was VP & Treasurer at Facebook.

    Emily McEvilly

    Board

    Director

    Chief Customer Officer at OneTrust

    Emily McEvilly joined the Board in 2022. She has extensive experience in customer success, including leadership roles at Workday and Oracle. She holds a B.A. in International Business from Clemson University.

    Yvonne Hao

    Board

    Director

    Board Member at CarGurus, Flywire, and Gentherm; Secretary of Economic Development for Massachusetts

    Yvonne Hao joined the Board in 2022. She has extensive experience in private equity and operations, including co-founding Cove Hill Partners and serving as COO/CFO of PillPack.

    1. Given the 25% year-over-year revenue decline in Q3 and the continued expectation of revenue declines in Q4, what specific strategies are you implementing to reverse this trend, and when do you anticipate a return to revenue growth?
    2. With quarterly paid employers decreasing by 27% year-over-year due to reduced demand from SMBs, how do you plan to mitigate the challenges in the SMB segment and what steps are you taking to bolster growth among enterprise customers?
    3. Despite investing in new products like ZipIntro and the next-generation resume database—which you mentioned won't materially contribute to revenue in 2025—how do you justify these investments amid declining revenues, and when do you expect them to significantly impact your financial performance?
    4. You have an adjusted EBITDA margin guidance of 8% for Q4, down from 13% in Q3 and significantly lower than prior periods; given the prolonged labor market downturn, how realistic is your long-term target of a 30% adjusted EBITDA margin, and what concrete measures are you taking to achieve it?
    5. Considering the uncertainty surrounding the end of the "great stay" and the prolonged downturn in hiring activity, how are you adapting your business model to sustain operations if the labor market recovery takes longer than anticipated, and what contingency plans do you have in place?
    Program DetailsProgram 1Program 2
    Approval DateN/A November 2024
    End Date/DurationNo fixed expiration No fixed expiration
    Total Additional ($M)550.0 100.0
    Remaining ($M)25.8 100.0
    DetailsInitial program with $550M authorization; $25.8M remaining as of 2024-09-30 Additional $100M authorized in November 2024
    CustomerRelationshipSegmentDetails

    Customer A

    No specific details disclosed

    All

    As of Dec 31, 2024: 14% or $3.29 million (out of $23.5 million total AR ), per documents.

    Customer B

    No specific details disclosed

    All

    As of Dec 31, 2024: 10% or $2.35 million (out of $23.5 million total AR ), and as of Dec 31, 2023: 10% or $2.72 million (out of $27.2 million total AR ), per documents.

    Notable M&A activity and strategic investments in the past 3 years.

    CompanyYearDetails

    Poplar Technologies Limited (d/b/a Breakroom)

    2024

    No recent press releases or 8-K filings found for ZIP.