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ComAuction Signs Whirlpool Financial Executive.


DOWAGIAC, Mich.--(BUSINESS WIRE)--June 1, 1999--

ComAuction, the world's only online business to business auction site, today announced the appointment of Fred Polmanteer as Treasurer and Chief Financial Officer.

Polmanteer was with Whirlpool whirlpool, revolving current in an ocean, river, or lake. It may be caused by the configuration of the shore, irregularities in the bottom of the body of water, the meeting of opposing currents or tides, or the action of the wind upon the water.  Financial Corporation for 28 years. During this long tenure, his varied experience included risk management, strategic planning Strategic planning is an organization's process of defining its strategy, or direction, and making decisions on allocating its resources to pursue this strategy, including its capital and people. , and financial and sales management Sales Management Role and Goal
Importance of sales management is critical for any commercial organization. Expanding business in not possible without increasing sales volumes, and effective sales management goal is to organize sales team work in such a manner that ensures a
. He managed the formation of the national bank, WFNB, in a record time frame. As a former Vice-President Polmanteer will bring strong financial and business policies to ComAuction.

"We are extremely happy to have Fred on board," said Keith Pitcher, President of ComAuction. "His strong background in the business financial world helps establish ComAuction as a very viable business solution." Keith went on to say he is "confident of Fred's ability to take ComAuction to the next level in the global Internet marketplace See vertical portal and Web hub. ."

Polmanteer stated, "It's a real pleasure to join a market innovator like ComAuction. Products and services evolve quickly, but proven leadership skills, decision making ability and communication effectiveness remain keys to success today."

"Fred will not only be key to building a sound corporate structure at ComAuction, but will also be an asset to ComAuction's customers, helping them to build a strong financial business case for their adoption of the Internet Internet

Publicly accessible computer network connecting many smaller networks from around the world. It grew out of a U.S. Defense Department program called ARPANET (Advanced Research Projects Agency Network), established in 1969 with connections between computers at the
 services that are changing today's marketplace," said Keith Kelley, Chief Strategy Officer of ComAuction.

Polmanteer held several key positions at Whirlpool Financial, including National New Business Manager, Regional Sales Vice President, and Regional Operations Vice President. He is looking forward to continuing his track record of successes in the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject.
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 market in the new on-line business service market.

ComAuction offices are located in Dowagiac, Michigan Dowagiac, founded in 1848 is a city in Cass County in the U.S. state of Michigan. The population was 6,147 at the 2000 census.

Dowagiac is situated at the corner of four townships: Wayne Township to the northeast, La Grange Township to the southeast, Pokagon Township to the
. ComAuction Inc. is an Internet startup that offers business-to-business online auction service. The company's staff is composed of business owners and professionals with backgrounds in both technology and industry. ComAuction is dedicated to providing the best vehicle for businesses to buy and sell on the Internet.
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
Geographic Code:1USA
Date:Jun 1, 1999
Words:322
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