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Adauction.com Retains Heidrick & Struggles for CEO Search.


SAN FRANCISCO San Francisco (săn frănsĭs`kō), city (1990 pop. 723,959), coextensive with San Francisco co., W Calif., on the tip of a peninsula between the Pacific Ocean and San Francisco Bay, which are connected by the strait known as the Golden , Calif.--(BUSINESS WIRE)--Nov. 7, 1999--

Adauction.com (www.adauction.com), the leading media exchange that brings buyers and sellers together in one marketplace, today announced that it has retained the services of executive search firm Heidrick & Struggles and its media services partner Stephen Unger, to conduct a national search for a new chief executive officer (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. ) for the company. Current CEO Chris Redlitz will continue directing the affairs of the company during the search.

"Adauction.com has grown dramatically this last year," said Redlitz. "Our size and operational complexity now require the talents of a seasoned manager with experience leading large-scale, rapidly-growing organizations. During this transition, I will be working closely with our new acting Chairman, Leo Leo, in astronomy
Leo [Lat.,=the lion], northern constellation lying S of Ursa Major and on the ecliptic (apparent path of the sun through the heavens) between Cancer and Virgo; it is one of the constellations of the zodiac.
 J. Hindery Jr. to manage the day-to-day operations of the company, ensuring our continued expansion and development of new services. Hindery, former CEO of AT&T Broadband Internet See broadband.  Services (previously Tele-Communications, Inc.), will also oversee the recruiting process, assisted by his fellow executive committee member, Jeffrey Berg, CEO of International Creative Management."

About Adauction.com

Adauction.com is a media exchange that leverages the power of the Internet to bring media buyers and sellers together in one marketplace. Representing top-branded, high-demand properties, the company's online marketplace offers a convenient way to purchase across a variety of media: online, print and out-of-home. More than 7,000 media buyers are registered to purchase inventory through Adauction.com. Leading ad agencies include Modem Media-Poppe Tyson; USWeb/CKS; Foote, Cone & Belding; Goodby Silverstein & Partners; iXL; Lot21 and Western International Media. Direct advertisers include Dell Computer Corporation (company) Dell Computer Corporation - One of the biggest US manufacturers of IBM PC compatibles.

"From notebooks to networks", their slogan says.

http://us.dell.com.
, U S WEST Dex DEX - A cross between Modula-2 and C by W. van Oortmerssen.

Amiga version 1.2.
 and BellSouth. Founded in September 1997, San Francisco-based Adauction.com has sales offices 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
 and Atlanta. The company has received financing from Amerindo Investment Advisors, Convergence Partners, Fayez Sarofim & Co., Geneva Geneva, canton and city, Switzerland
Geneva (jənē`və), Fr. Genève, canton (1990 pop. 373,019), 109 sq mi (282 sq km), SW Switzerland, surrounding the southwest tip of the Lake of Geneva.
 Partners, Lehman Brothers, New Millennium Partners, VIVENTURES Partners and financing from other private investors. Call 415-597-4830 for more information; or visit online at www.adauction.com.

Adauction.com and the Adauction.com logo are either registered service marks or service marks of Adauction.com, Inc. All other company, brand or product names may be trademarks or registered trademarks of their respective owners.
COPYRIGHT 1999 Business Wire
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Publication:Business Wire
Date:Nov 8, 1999
Words:361
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