Magnite, Inc. announced the departure of Chief Product Officer Adam Soroca, effective April 8, 2026, with a transition to an advisory role and severance benefits.
Key takeaways
Chief Product Officer Adam Soroca will cease serving in his role effective April 8, 2026.
Soroca will remain employed as an advisor through May 15, 2026, ensuring a transition period.
He is entitled to severance benefits per his Executive Severance and Vesting Acceleration Agreement.
The agreement details are referenced in the company's 2025 Proxy Statement filed on April 16, 2025.