Magid Abraham

Magid M. Abraham
Born (1958-04-13) April 13, 1958 (age 66)
Machghara, Lebanon
Alma mater
OccupationCEO of Comscore
AwardsErnst and Young, Entrepreneur Hall of Fame

Magid M. Abraham (born April 13, 1958) is an entrepreneur and expert on market research, consumer modeling, and information systems.[1] He has held several executive positions, two of which were within companies he founded.[2][3]

Abraham authored articles in academic and industry journals, including the Harvard Business Review, Journal of Marketing Research, and Marketing Science. He is a speaker at marketing industry conferences.[4]

Early life

Abraham was born in Machghara, a small town in Lebanon, where he was raised on his father’s fruit farm.[5][6] As a child, his interests in school included math, science, and physics. He attended high school in Lebanon, followed by Paris’ engineering university, École polytechnique. He went to the United States to attend the MIT Sloan School of Management, where he graduated with an MBA in 1981 and later a PhD in operations research.[2][7]

Career

Abraham joined Information Resources, Inc. (IRI) in 1985.[8] He served as IRI president and chief operating officer from 1993 to 1994, and vice chairman of the board of directors from 1994 until 1995. At IRI, Abraham designed marketing applications that eventually became standards of CPG marketing practice, as referenced in his articles 'Promoter: An Automated Promotion Evaluation System', 1987, Marketing Science[9] and 'An Implemented System for Improving Promotion Productivity Using Store Scanner Data', 1993, Marketing Science.[10]

Abraham was founder and CEO of Paragren Technologies in 1995, which became part of Siebel Systems.[2]

In 1999, Abraham co-founded comScore, an Internet market intelligence company where he served as CEO for 14 years and took public in 2007.[11] comScore was selected as a “Technology Pioneer” by the World Economic Forum before the forum’s annual conference in Davos in 2007.[12] In 2016, Abraham stepped down as executive chairman and resigned from comScore's board of directors and became the executive chairman of APX Labs (later renamed Upskill).[13] Linda Abraham became vice chair.[14] During the same year, Abraham became a visiting scholar at Stanford and taught for three years at the Graduate School of Business.[11]

In January 2008, Abraham joined the board of directors of Milo.com, a company founded by his son Jack Abraham which was acquired by eBay in 2010 for $75M.[15][16][17]

Abraham co-founded NeuraWell, a mental health therapeutics company, where he currently serves as CEO.[18]

Awards and recognition

In 1996, Abraham was awarded the Paul Green Award by the AMA for an article that he co-authored in the Journal of Marketing Research in 1995 described as showing “the most potential to contribute to the practice of marketing research and research in marketing."[19] That award was validated 5 years after the initial publication, with the AMA William F. O'Dell Award in 2000 recognizing research which made a significant, long-term contribution to the marketing discipline.[20]

  • 2016 : Advertising Research Foundation's Great Mind Awards: Lifetime Achievement Award.[21]
  • 2011 : MIT Sloan's Buck Weaver Award, for theory and practice in marketing science[22]
  • 2009 : American Marketing Association, Charles Coolidge Parlin Marketing Research Award[23]
  • 2008 : Ernst and Young, Entrepreneur Hall of Fame[7]
  • 2008 : World Economic Forum, “Technology Pioneer”[24]
  • 2000 : American Marketing Association, William F. O’Dell Award[20]
  • 1992 : "Top 40 Under 40" awarded by Crain’s Chicago Business, given to 40 business professionals in Chicago annually.[25]

Personal life

In April of 2022, Abraham and his wife purchased a 5,968 square feet condo at Jeffery Soffer's Turnberry Ocean Club in Iseles beach for a reported $14.3 million.[26]

References

  1. ^ "International Trade: Global Opportunities for your Business - Washington Business Journal". Bizjournals.com. 2009-10-28. Archived from the original on October 25, 2012. Retrieved 2010-05-18.
  2. ^ a b c "Magid Abraham, comScore: Bio". iMedia Connection. Archived from the original on June 8, 2011. Retrieved 2010-05-18.
  3. ^ "A new measurement of online/offline apparel". Internetretailer.com. Archived from the original on July 1, 2009. Retrieved 2010-05-18.
  4. ^ "eMarketer CEO Headlines International Conference". Bloomberg.com. 2010-03-03. Retrieved 2010-05-18.
  5. ^ "Second-generation Web entrepreneur works to make Milo a household name - San Jose Mercury News". Mercurynews.com. 19 March 2010. Retrieved 2010-05-18.
  6. ^ Adams, Susan. "Milo.com Founder Jack Abraham and Father, ComScore Founder Magid Abraham: Is Entrepreneurship Inherited?". Forbes. Retrieved 2020-08-18.
  7. ^ a b "Magid M. Abraham Profile - Forbes.com". People.forbes.com. Archived from the original on 2010-03-30. Retrieved 2010-05-18.
  8. ^ Rice, Faye (1992-12-28). "WHAT INTELLIGENT CONSUMERS WANT Quality is still important, but these folks now expect to get it at the lowest possible price. Manufacturers and retailers had better watch out. Bargain buying is likely to last. - December 28, 1992". Money.cnn.com. Retrieved 2010-05-18.
  9. ^ "Promoter: An Automated Promotion Evaluation System - Abraham and Lodish 6 (2): 101 - Marketing Science". Mktsci.journal.informs.org. doi:10.1287/mksc.6.2.101. Retrieved 2010-05-18. {{cite journal}}: Cite journal requires |journal= (help)
  10. ^ "An Implemented System for Improving Promotion Productivity Using Store Scanner Data - Abraham and Lodish 12 (3): 248 - Marketing Science". Mktsci.journal.informs.org. doi:10.1287/mksc.12.3.248. Retrieved 2010-05-18. {{cite journal}}: Cite journal requires |journal= (help)
  11. ^ a b Lel, © 2020 The; Reserved, Stanford Junior University All Rights. "Magid Abraham, PhD". Stanford Distinguished Careers Institute. Retrieved 2021-05-27.{{cite web}}: CS1 maint: numeric names: authors list (link)
  12. ^ "The World Economic Forum Announces Technology Pioneers for 2007: Comscore Networks, Inc. Selected". Comscore, Inc. Retrieved 2021-05-27.
  13. ^ Medici, Andy (6 December 2016). "Another day, another departure as comScore's co-founder resigns". www.bizjournals.com.
  14. ^ "Upskill named Technology Pioneer by World Economic Forum". Company Blog. Upskill. June 27, 2016. Retrieved June 11, 2017.
  15. ^ "Second-generation Web entrepreneur works to make Milo a household name". SiliconValley.com. Archived from the original on 2011-06-07. Retrieved 2010-05-18.
  16. ^ "Board of Directors". Milo.com web site. Archived from the original on June 15, 2012. Retrieved June 11, 2017.
  17. ^ "Confirmed: Ebay Acquires Milo For $75 Million. Investors Make A Killing". Techcrunch.com. 2010-12-02. Retrieved 2012-12-02.
  18. ^ "About Us | Neurawell Therapeutics". neurawell.com. Retrieved 2021-05-27.
  19. ^ "American Marketing Association Foundation - Green Recipients". Themarketingfoundation.org. Retrieved 2010-05-18.
  20. ^ a b "William F. O'Dell Award: Previous Winners - American Marketing Association". Marketingpower.com. Retrieved 2010-05-18.
  21. ^ "2016 ARF Great Mind Awards". The Advertising Research Foundation. Archived from the original on March 10, 2017. Retrieved June 11, 2017.
  22. ^ "MIT Sloanscape" (PDF). MIT Sloan. 2011-12-01. Retrieved 2012-07-23.
  23. ^ "American Marketing Association Foundation". Themarketingfoundation.org. 2009-10-06. Retrieved 2010-05-18.
  24. ^ "World Economic Forum - Latest News Releases". Weforum.org. Archived from the original on 2010-07-03. Retrieved 2010-05-18.
  25. ^ "40 Under 40 alpha listing | Crain's Chicago Business". Chicagobusiness.com. Retrieved 2010-05-18.
  26. ^ "Data science veterans pay $14M for Turnberry Ocean Club condo in Sunny Isles Beach". therealdeal.com. 8 April 2022.