AuctionDrop Names George Northup as Chief Financial Officer; Added Executive Talent Will Ensure AuctionDrop Continues Strong Business Momentum.SAN CARLOS San Carlos (săn kär`lōs), residential city (1990 pop. 26,167), San Mateo co., W Calif.; inc. 1925. The chief manufactures are plastic products, hardware, and machine parts. , Calif. -- AuctionDrop today announced the appointment of George Northup to the new role of Chief Financial Officer. "George has substantial and proven skills as an operating executive and strategic minded CFO See Chief Financial Officer. ," said Randy Adams, chief executive officer of AuctionDrop. "His considerable management experience and the insights he brings to AuctionDrop will be essential to continuing our expansion, building more infrastructure and obtaining additional funding." Mr. Northup comes highly seasoned to AuctionDrop, with over 20 years of senior management experience as a financial executive in both publicly held and privately owned technology companies. He has a successful record of raising more than $400 million through IPOs, venture capital financing To start an own company or to bring a new product to the market, the venture may need to attract financial funding. There are several categories of financing possibilities. If it is a small venture, then perhaps the venture can rely on family funding, loans from friends , and bank sources. He has held senior executive positions at a number of companies including, most recently, LiveCapital Inc., where he served as Senior Vice President and CFO. He also served as Executive Vice President and CFO for Online Resources Corporation, Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :ORCC ORCC Ohio Regional Campus Conference ORCC Outwardly Rectifying Chloride Channel ORCC Ottawa Regional Cancer Center ORCC Old Roman Catholic Church ORCC Online Resources & Communications Corporation (now named Online Resources Corporation) ), a provider of online banking services, and as the Vice President of Finance and Controller for Intellicall, Inc., formerly a public company (NYSE NYSE See: New York Stock Exchange ) focused on telecommunications hardware and software. Mr. Northup began his career as a CPA (Computer Press Association, Landing, NJ) An earlier membership organization founded in 1983 that promoted excellence in computer journalism. Its annual awards honored outstanding examples in print, broadcast and electronic media. The CPA disbanded in 2000. at Deloitte & Touche. "I'm delighted to join AuctionDrop at this point in the company's history," said Northup. "The considerable interest that both the capital markets and consumers have shown in AuctionDrop affirms the company's bright future as it continues to pioneer new ways for people to tap into the eBay community." Mr. Northup graduated with honors from Duke University. About AuctionDrop AuctionDrop is the first company dedicated to providing a simple, fast and convenient way for consumers to sell goods on eBay. Now anyone, anywhere in the United States can AuctionDrop their items at The UPS Store in their neighborhood. AuctionDrop receives funding from leading venture firms Mobius Venture Capital, Draper Associates and G51. For more information, go to www.auctiondrop.com or call toll free 866-DROP-IT-OFF (866-376-7486). AuctionDrop is a trademark of AuctionDrop, Inc. All other product and company names may be trademarks of their respective companies. |
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