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[0] Blockbuy.com Continues to Expand Its Key Management Team With Strategic Hires.


Business/Hi-Tech Editors

SEATTLE--(BUSINESS WIRE)--May 15, 2000

Blockbuy.com(TM), Inc., a leading provider of B2B (Business to Business) Refers to one business communicating with or selling to another. See B2B e-commerce, B2C and B2G.

B2B - business to business
 group purchasing functionality, continues to expand its key management team with the appointment of a Vice President of Merchandising, Director of Strategic Growth, and key advisor.

VP of Merchandising: Beth Sommers

Beth Sommers has been appointed to the position of VP of Merchandising. Sommers brings with her over fifteen years experience in merchandising, retail management, and direct marketing experience.

Sommers comes to Blockbuy.com from Semmelhack & Associates where she was responsible for all merchandising and wholesaling operations for catalogues such as Alsto's Handy Helpers and Personal Creations. She also spent over ten years at Hammacher Schlemmer & Co., the upscale direct marketing and catalogue company. Her experience includes both B2C (Business to Consumer) Refers to a business communicating with or selling to an individual rather than a company. See B2B.  and B2B merchandising strategy.

"Product selection is key to successful group buying," says Josh Schroeter, CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board.  and Chief Blockhead. "Unlike many of our competitors, we do not plan on selling low-margin commodity products. Beth has an extraordinary ability and track record of locating hard to find, high-end, exclusive products in multiple industries."

Director of Strategic Growth: Joyce Chew

Joyce Chew, former Director of Experienced Recruiting for Arthur Andersen For the U.S. Supreme Court case commonly known as Arthur Andersen, see .
Arthur Andersen LLP, based in Chicago, was once one of the "Big Five" accounting firms (the other four are PricewaterhouseCoopers, Deloitte Touche Tohmatsu, Ernst & Young and KPMG), performing
 LLP's Pacific Region, joins Blockbuy.com as the Director of Strategic Growth.

"In Seattle's red hot employment market, finding the best people is crucially important," says Josh Schroeter, Chief Blockhead. "We're on track to hire 70 people by year's end and Joyce will be instrumental as Blockbuy.com continues to hire and retain the Northwest's top talent."

Chew comes to Blockbuy.com with ten years of experience and will oversee all human resources The fancy word for "people." The human resources department within an organization, years ago known as the "personnel department," manages the administrative aspects of the employees.  programs, talent acquisition, policies and initiatives. Chew spent the last seven years with Arthur Andersen in various human resources capacities as well as three years as a Management Consultant.

"This is an exceptional opportunity to be a part of a dynamic team with a great business model. The corporate culture is contagious and I'm looking forward to creating an environment that values human capital and a quality workplace," says Chew.

Advisor: Josh Grotstein

Josh Grotstein, best known for development and implementation of global Internet and e-commerce strategies and programs for Citicorp, joins Blockbuy.com as an advisor.

Prior to his role as the Division Executive of global Internet and e-commerce programs for Citicorp, Mr. Grotstein served as Senior Vice President of Content for the Prodigy Services Company, overseeing all content created by and for Prodigy online. As a member of the management team, he played a key role in transitioning Prodigy from IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries)  and Sears, and reengineering the company to address the advent of the Internet. Prior to Prodigy, Mr. Grotstein was a Vice President of Business and Strategic Development at NBC's cable television networks, CNBC CNBC Center for the Neural Basis of Cognition (artificial intelligence)
CNBC Consumer News and Business Channel
CNBC Congress of National Black Churches, Inc.
 and America's Talking America's Talking , a cable television channel created by NBC and spun off from CNBC, was launched on July 4, 1994. The headquarters were based in an office building in Fort Lee, New Jersey, 2 floors below CNBC's original studios, on Fletcher Avenue. .

Mr. Grotstein has an MBA MBA
abbr.
Master of Business Administration

Noun 1. MBA - a master's degree in business
Master in Business, Master in Business Administration
 from Harvard Business School Harvard Business School, officially named the Harvard Business School: George F. Baker Foundation, and also known as HBS, is one of the graduate schools of Harvard University.  and his industry honors include profiles in New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Magazine's "Cyber 60," Crain's New York Business's "40 Under 40" and Broadcasting and Cable's "Fifth Estater". Josh also served two years as the president of the New York chapter of the Cable Television Administration and Marketing society.

About Blockbuy.com

Blockbuy.com (www.blockbuy.com) provides group purchasing technology to a wide range of e-market sites, including the leading content, commerce and community sites in niche vertical industries. Blockbuy.com's group purchasing engine delivers functionality, stickiness and revenue to affiliate sites by delivering tremendous savings to their small and medium sized business audience. Located in Seattle, WA., Blockbuy.com is a rapidly growing venture backed start-up.
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Publication:Business Wire
Geographic Code:1USA
Date:May 15, 2000
Words:581
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