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SEMrush Holdings ( (SEMR) ) has issued an announcement.
On February 22, 2025, Semrush Holdings announced significant leadership changes effective March 10, 2025. Co-Founder Oleg Shchegolev will transition from CEO to CTO, focusing on product innovation and AI, while William Wagner, a seasoned SaaS industry veteran, will assume the role of CEO. These changes aim to leverage Shchegolev’s expertise in technology and Wagner’s experience in scaling software companies to drive Semrush’s growth and innovation. The company also reported strong financial performance for the fourth quarter and full year 2024, with revenue growth of 23% and 22% year-over-year, respectively, and a positive outlook for 2025.
More about SEMrush Holdings
Semrush Holdings, Inc. is a leading online visibility management SaaS platform that enables businesses globally to conduct search engine optimization, advertising, content, social media, and competitive research campaigns. The company provides insights and solutions for companies to build, manage, and measure online marketing campaigns.
YTD Price Performance: 28.22%
Average Trading Volume: 579,772
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $2.21B
See more insights into SEMR stock on TipRanks’ Stock Analysis page.