Marchex Announces Executive Team Updates

Executive Team Changes - Edwin Miller, CEO, is stepping down and will serve as a senior advisor to the Chairman [1][2] - Troy Hartless has been appointed as President in addition to his role as Chief Revenue Officer [1] - Francis Feeney has been appointed Chief Operating Officer alongside his role as Chief Corporate and Legal Affairs Officer [1] - Brian Nagle has been appointed Chief Financial Officer, previously serving as Senior Vice President, Controller [1] Company Growth and Strategy - Marchex is positioned for future growth with a focus on AI-driven product offerings and operational efficiencies [2] - The company aims to expand customer penetration and grow its addressable market through a growing portfolio of AI products [2] - The leadership transition is seen as a strategic move to capitalize on increasing opportunities and the company's evolution [2] Financial Performance - Marchex reported GAAP revenue of $11.7 million for Q2 2025, a decrease from $12.1 million in Q2 2024 [8]