Magnite promotes Brian Gephart to CFO, effective October 1

Magnite (NASDAQ: MGNI) announced the promotion of Brian Gephart to Chief Financial Officer, effective October 1, 2026. Gephart succeeds David Day, who is retiring after a decade leading the company's financial operations.

Gephart has served as Magnite's Chief Accounting Officer since June 2021. In his new role, he will oversee global financial strategy and operations, including corporate finance, accounting, reporting, investor relations, treasury, and tax.

Gephart has more than 20 years of experience in public-company finance, accounting, and capital markets. Before joining Magnite, he served as Chief Financial Officer and Principal Financial Officer at Leaf Group, a publicly traded consumer internet company. He previously held senior accounting roles and began his career in public accounting, covering audit and capital markets advisory services.

Michael Barrett, CEO of Magnite, said in a statement: "For the past five years, Brian has been an integral part of our executive leadership team, working closely with me and our leadership team. His deep understanding of our business, strategic expertise and capital markets experience make him the natural choice to lead our financial organization as we enter this next chapter."

Gephart said he looks forward to "maintaining financial discipline, executing against our strategic priorities, and creating long-term value for our shareholders."

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