Wednesday, June 3rd, 2026 – 4:12 pm

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Prebid is turning the page on what might be called its second chapter as the organization navigates some major changes in the digital advertising landscape and within its own ranks.

Over the course of just a few days last week, news emerged that Prebid President Mike Racic and Christian Janelli, Prebid’s director of product management, are both departing for a Canadian tech investment firm called Knower Tech. Meanwhile, Garrett McGrath is bowing out of the organization after a five-year stint as chairman of the Prebid board. His next move is unannounced.

But these executive departures won’t cause a brain drain at Prebid, Racic told AdExchanger this week. He and McGrath have been “at the helm” for five years,” he said, and so it’s time to move on. But the working group chairs and people who manage Prebid’s code repo many of who predate Racic and McGrath – aren’t going anywhere.