Vungle CEO Rick Tallman Responds to Recent News Coverage Regarding Zain Jaffer

SAN FRANCISCO, Oct. 20, 2017 /PRNewswire/ -- "We are aware of the extremely serious allegations leveled against our former CEO, and we are shocked beyond words. While these charges are completely unrelated to his former role at the company, they are obviously so serious that it led to his immediate removal."

"We learned of the allegations late Monday night, and convened a board meeting, removed him as CEO and I was appointed permanent CEO all within 24 hours. He did not step down for personal reasons as has been erroneously reported. We removed him as rapidly as possible."

"The actions of one individual are in no way reflective of the almost 200 dedicated and hard-working people who work for Vungle. Everyone at the company is appalled and deeply saddened by these events."

ABOUT VUNGLE
Vungle is a technology company based in San Francisco.

SOURCE Vungle

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http://www.vungle.com