In July I posted information from their investor’s day that ZI was hoping the pandemic was getting under control so they could expand their operations in Europe https://discussion.fool.com/i-just-listened-belatedly-to-the-ana….
It appears they are now able to follow through on that. https://ir.zoominfo.com/news-releases/news-release-details/z… and they’ve hired one Simon McDougall as its first Chief Compliance Officer “he was Deputy Commissioner for the Information Commissioner’s Office (ICO), the U.K.’s independent authority that upholds information rights and promotes openness by public bodies and data privacy for individuals. At the ICO, he established new technology policy and innovation functions, directed work in areas such as artificial intelligence, adtech, and competition, and led its response to data usage in the U.K. to address the COVID-19 pandemic.”
Though I may have missed it I don’t recall coming across any information about them putting people there previous to this announcement. “In Q3 2021, the international business at ZoomInfo grew over 80% year over year while our investment in our data assets outside of North America also nearly doubled throughout the year. We’re now in an even better position to build on our momentum there,” said ZoomInfo Founder and CEO Henry Schuck. “We’re thrilled to welcome Simon as we continue to advance our leadership position in compliance and privacy, and we look forward to further expanding our team locally.”
It looks like they’re putting the pieces in place to build upon international business growth. They had decent growth when their activities were overseen by personnel in the U.S. I expect they ought to do better with people there.
Best,
Mike