Electric Classifieds, Inc. Appoints Elliot Wassarman As President, CEO and Board Director; Douglas Fox Named as Board Director; Industry Leader In Online Classifieds Technology Adds Seasoned Technology Executive As CEO, And Builds Publishing Industry Expertise On Board.SAN FRANCISCO--(BUSINESS WIRE)--Jan. 13, 1997--Electric Classifieds, Inc. (ECI ECI Employment Cost Index ECI Election Commission(er) of India ECI Enterprise Content Integration ECI Early Childhood Intervention ECI Environmental Change Institute ), the premier technology provider of global online classified advertising and the leading supplier of personal relationship marketing through its Match.Com brand, today announced the recent appointment of Elliot Wassarman as president and chief executive officer. Wassarman previously served ECI in a consulting role as interim 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. . He will also now serve as an ECI board director, along with the newly named ECI Board Director, Douglas Fox, an internationally recognized publishing industry expert. Wassarman, who brings more than two decades of executive leadership and experience in the Internet, computer software and hardware and other emerging technologies, combined with Fox's contributions and reputation among the technology and publishing industries, will drive ECI's expansion in the $20 billion classified advertising market, an international market that is expected to grow at dramatic rates. The appointments follow ECI's recent launch of its Global Online Classifieds software platform and its newly announced strategic partnerships with AOL's Digital City, CompuServe and Cox Interactive Media. "Elliot brings the level of global executive management history and expertise in the high technology industry that will forge expanded growth and opportunities for both ECI and its products: Match.Com and Global Online Classifieds," said Deepak Kamra, ECI board chairman. "Having Elliott's management skills, combined with Doug Fox's deep understanding of the publishing industry, will help us extend our current leadership position." Prior to joining ECI, Wassarman served as president, chief operating officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. and board director of Teralinx(R) Communications Corporation, a California-based national Internet service provider Internet service provider (ISP) Company that provides Internet connections and services to individuals and organizations. For a monthly fee, ISPs provide computer users with a connection to their site (see data transmission), as well as a log-in name and password. . He was also president, chief executive officer and board director of Promis Systems Corporation (Listed -- Toronto Stock Exchange Toronto Stock Exchange (TSE) Canada's largest stock exchange, trading approximately 1,200 company stocks and 33 options. ), the world's second largest developer and marketer of Manufacturing Execution System – Manufacturing execution system (MES) describes a set of integrated functions within a packaged software system or it can also describe the accumulated functionality within the production management infrastructure of a manufacturing or production company. (MES (Manufacturing Execution Software) Software that provides real time access to plant activities that include equipment, labor, orders and inventory. An MES integrates the data with enterprise resource planning (ERP) systems so that management has complete control of ) software. At Copam USA Inc., a manufacturer and global marketer of PC systems and software, Wassarman was president, CEO and board director, and he has held executive management positions with such companies as ITT ITT Initial Teacher Training (UK) ITT I Think That ITT Invitation To Tender ITT Individual Time Trial (professional cycling) ITT Intention-To-Treat ITT In This Thread (forums) , Iomega, Wang Laboratories Wang Laboratories - Computer manufacturer, known for their office automation products. Quarterly sales $208M, profits $3M (Aug 1994). , and Litton Industries Named after inventor Charles Litton Sr., Litton Industries was a large defense contractor in the United States, bought by the Northrop Grumman Corporation in 2001. . Douglas Fox, named to the ECI Board of Directors, is currently managing partner with PYRAMID, a consultancy firm focusing on 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 marketing for emerging technology companies, particularly Internet start-up companies and businesses. Fox, a 25-year veteran of the consumer products, media and communications industries, was formerly the president and chief operating officer of the Publishing and Video groups of Landmark Communications Inc., a private multimedia company in Norfolk, Virginia, where he was responsible for the company's record revenue growth and stock value increase. Fox also spent seven years at the Times Mirror Company, serving as president and COO of Newsday/New York Newsday and as vice president of marketing for Times Mirror. He spearheaded the company's expansion into database marketing, electronic publishing (with Prodigy), and headed several cross divisional and media sales efforts. Fox led Newsday and its New York edition The New York Edition of Henry James' fiction was a 24-volume collection of the Anglo-American writer's novels, novellas and short stories, originally published in the U.S. and the UK in 1907-1909. to become the fourth largest daily in the U.S., building advertising market share and profit performance in every category, while competing with such entrenched en·trench also in·trench v. en·trenched, en·trench·ing, en·trench·es v.tr. 1. To provide with a trench, especially for the purpose of fortifying or defending. 2. rivals as the 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 Times. Fox also has significant consumer experience, including service as vice president of marketing at Tambrands Inc., where he was responsible for increasing market share of its flagship brand TAMPAX and helped launch its MAXITHINS product. Prior to Tambrands, Fox spent 11 years at Procter & Gamble, where he led many high profile, and highly successful, national product introductions. Wassarman holds a Bachelor of Arts degree in Psychology from Suffolk University in Boston Massachusetts. He did his graduate work in Clinical Psychology at Connecticut College. He also serves as a board director of Hero Consulting Group. Fox holds a Bachelor of Science/Bachelor of Arts and a Masters from Northwestern University, with majors in corporate finance, investment management, marketing, and a minor in quantitative methods. About Electric Classifieds, Inc. Electric Classifieds, Inc., headquartered in San Francisco, is the world's premier supplier of applications, technology and services that enable online publishers, Internet service providers and online communities to deliver custom-branded, network-based classified advertising services. The company provides its Global Online Classifieds technology to America Online's Digital City, CompuServe and Cox Interactive Media. ECI also owns and operates the rapidly growing Match.Com, the world's premier personal classifieds service on the Internet, offering online classifieds to more than 180,000 registered users. ECI and Match.Com are found on the World Wide Web at http://www.eci.net and http://www.match.com . -0- Note To Editors: Electric Classifieds, Match.Com and Global Online Classifieds and G.O.C. are trademarks and/or service marks of Electric Classifieds, Inc. All other names are trademarks of their respective holders. CONTACT: Neale-May & Partners Erin Shiba, 415/328-5555 ext. 124 eshiba@nealemay |
|
||||||||||||||||
Printer friendly
Cite/link
Email
Feedback
Reader Opinion