ChannelAdvisor CFO Mark Cook Receives 2017 CFO of the Year Award

Research Triangle Park, NC – June 14, 2017 – ChannelAdvisor Corporation (NYSE:ECOM), a leading provider of cloud-based e-commerce solutions that enable retailers and branded manufacturers to increase global sales, today announced that its chief financial officer, Mark Cook, has been recognized by the Triangle Business Journal as a recipient of the 2017 CFO of the Year award. The CFO of the Year awards honor outstanding financial executives who exemplify excellence as corporate financial executives. This year’s CFO of the Year award winners will be honored at an awards luncheon on Thursday, July 13, at Prestonwood Country Club.

At ChannelAdvisor, Cook oversees global financial operations and strategy. During his tenure, Cook has overseen improvements in the Company’s profitability and operating cash flows. In addition, Cook also developed operational strategies that helped improve infrastructure and processes. He will be honored in the Growth Manager category during the awards ceremony, which recognizes a finance executive who developed the most creative way to diminish debt and achieve profitable growth.

“Mark has made a considerable impact on ChannelAdvisor’s financial health,” said David Spitz, ChannelAdvisor CEO. “He has guided us to invest wisely and improve processes, all while managing costs. We’re proud of the work he and his team have accomplished and congratulate him on this well-deserved accolade.”

“The improvements to the company’s financial results are truly a team effort,” said Cook. “This award is a reflection of and attributable to the collective hard work of our entire ChannelAdvisor team. It is an honor and I am excited to work with such a talented team, supporting them as we continue to work to improve operational and financial processes and results.”