Ad Tech Briefing: The Trade Desk’s ‘changing of the guard’ and a ‘sign of the times’

Last week, separate developments emerged, each involving nuanced interpretations of the word ‘exit’ and simultaneously representing the contemporary challenges independent ad tech companies must traverse. 

These two entities are: MiQ and The Trade Desk, with the former announcing its second quickfire acquisition in recent weeks, while the latter saw the exit of three senior execs. 

The churn at the under-fire demand-side platform included the departure of its CMO, Ian Colley, as well as that of Matthew Henick, the executive leading The Trade Desk’s bid to woo television OEMs, with its Ventura operating system. 

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Inside The Trade Desk’s programmatic power struggle

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No one said running the largest independent demand-side platform in the world would be easy. If recent headlines indicate anything, The Trade Desk now knows that better than anyone.

Major agencies, including Dentsu and WPP, are pulling back ad spend from TTD’s OpenPath platform, citing concerns of hidden fees and lack of transparency. Most notably, Publicis Groupe is no longer recommending TTD to clients in light of a third-party audit, citing similar concerns. Meanwhile, TTD is shifting its payment model for identity providers, like LiveRamp and Experian.

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