DVD EXPRESS Names Former Blockbuster, Alamo Exec Andy Crist as Its CFO/COO.LOS ANGELES--(BUSINESS WIRE)--March 9, 1999--DVD EXPRESS, the largest online video retailer, Tuesday announced that former Blockbuster Vice President of Financial Operations Andy Crist has joined the company as its chief financial officer/chief operating officer, a new position. Crist brings 20 years' experience in domestic and international finance to DVD DVD: see digital versatile disc. DVD in full digital video disc or digital versatile disc Type of optical disc. The DVD represents the second generation of compact-disc (CD) technology. EXPRESS. As the company's new CFO/COO he will be managing all of its financial activities, developing and implementing company-wide operating systems to enhance profitability and efficiency, as well as supervising supply and distribution arrangements, corporate administration, strategic planning and business development. He will report to Michael Dubelko, president of DVD EXPRESS. "World-class is a term that's often thrown around, but with Andy Crist and his remarkable breadth of experience, it is truly fitting. DVD EXPRESS has a world-class CFO See Chief Financial Officer. ," said Dubelko. "We are looking forward to Andy's recommendations for growth areas inside and outside the company and his hands-on development of them." "DVD EXPRESS is a tightly run ship, with strong, energetic management," said Crist. "The company is trailblazing trail·blaz·ing adj. Suggestive of one that blazes a trail; setting out in a promising new direction; pioneering or innovative: trailblazing research; a trailblazing new technique. the future of video retail and I'm excited to now have a lead role in this ongoing process." As vice president of financial operations/mergers & acquisitions for Dallas-based Blockbuster Entertainment Group, Crist developed the company's first comprehensive system to measure retail product profitability, and other major supply chain improvements. He was also responsible for the company's domestic and overseas expansion programs. Prior to joining Blockbuster in 1996, Crist was executive director of international development for Alamo Rent A Car Alamo Rent A Car is a car rental agency. It is based in Tulsa, Oklahoma, but has branches across the United States, Canada, Mexico, Central America, South America, parts of Africa, Europe, and Australia as well as some locations on various Caribbean islands. , a company with which he enjoyed a 10-year relationship. He was also senior director of pricing and product management for the Fort Lauderdale, Florida-based company. Crist was a leading force in Alamo's expansion, particularly overseas. Via companies that he bought, founded or franchised, he created a highly successful Alamo-branded network across 12 European countries. In addition, Crist helped pioneer one of the first retail e-commerce paradigms in the rental car industry. Spearheading the development of a yield management system, which played a major role in tripling Alamo's market share and boosting its profitability, Crist's team applied new technology to interact with computer reservation systems used by travel agents. These have evolved into direct consumer retail Web sites, such as EasySabre, with features that are quite similar to those with which Crist has worked extensively since the late 1980s. Crist, a certified public accountant Certified Public Accountant (CPA) An accountant who has met certain standards, including experience, age, and licensing, and passed exams in a particular state. who holds an MBA MBA abbr. Master of Business Administration Noun 1. MBA - a master's degree in business Master in Business, Master in Business Administration degree, with honors, from The University of Michigan (body, education) University of Michigan - A large cosmopolitan university in the Midwest USA. Over 50000 students are enrolled at the University of Michigan's three campuses. The students come from 50 states and over 100 foreign countries. and a bachelor of arts degree, magna cum laude, in accounting from Duke University, began his career at Peat Marwick in Fort Lauderdale. About DVD EXPRESS Hollywood-based DVD EXPRESS is recognized as the largest online video retailer. Located at www.dvdexpress.com, the Web site environment offers shoppers nearly 3,000 DVD movies and DVD-ROM DVD-ROM: see digital versatile disc. A read-only DVD disc used to permanently store data files. DVD-ROM discs are widely used to distribute large software applications that exceed the capacity of a CD-ROM disc. software at up to 50 percent off. DVD EXPRESS, which recently surpassed online sales of 1 million DVDs, specializes in fast turnaround by stocking and shipping DVD titles directly from its Hollywood warehouse. In addition to online retail, the site offers customers a robust online community with entertaining film and DVD-related editorial content, contests and promotions. DVD EXPRESS can be found online through its extensive partnerships and advertising deals with the AOL (A division of Time Warner, Inc., New York, NY, www.aol.com) The world's largest online information service with access to the Internet, e-mail, chat rooms and a variety of databases and services. Network, AOL.com, CompuServe, Infoseek, NBC's Videoseeker, Compaq, MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). , Gateway and AltaVista. |
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