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Yahoo Exec Joins Online Ad Firm

Jeff McCombs has joined Tumri, an online ad-serving company, and will serve as chief financial officer.

Jeff McCombs has joined Tumri, an online ad-serving company, and will serve as chief financial officer. McCombs joins Tumri after serving as senior VP of business operations at Yahoo Inc.

As CFO of Tumri, Jeff is responsible for managing all financial activities, including financial planning and analysis, accounting, investor relations and corporate development. He is also responsible for overseeing business development, human resources and legal.

“I’m very excited to be joining Tumri due to the company’s potential to fundamentally transform online display advertising. Tumri’s ability to deliver advertising experiences that users actually engage with and find relevant is truly compelling and win-win-win for the entire ecosystem of consumers, advertisers, and publishers,” said McCombs, in a statement.

McCombs continued, “Display advertising represents almost half of online advertising, and, from direct experience, there are great opportunities for innovation.”

“Jeff brings an incredible amount of expertise to the Tumri team, both in terms of corporate strategy and finance as well as the ever evolving online marketing industry,” said Calvin Lui, president and CEO, Tumri. “Jeff’s wide spectrum of experience will be instrumental in helping guide our explosive growth and will help solidify our innovation and leadership position. We are excited that Tumri’s transformative mission is attracting this high caliber of talent.”

In addition to his role as senior VP of business operations at Yahoo, he had previously served as chief of staff to Yahoo’s president, Sue Decker. Before joining Yahoo!, McCombs spent more than a decade in investment banking, corporate development and private equity with such firms as Credit Suisse First Boston, Lehman Brothers and Shamrock Capital.

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