FTD Names Becky A. Sheehan CFO; Current CFO Carrie Wolfe Elected Director.DOWNERS GROVE Downers Grove, village (1990 pop. 46,858), Du Page co., NE Ill.; settled 1832, inc. 1873. Downers Grove has undergone population growth and commercial development that include the construction of new office complexes. , Ill. -- FTD FTD Financial Times Deutschland (German sister newspaper of the Financial Times) FTD Frontotemporal Dementia FTD Fitted FTD Federal Tax Deposit FTD Flight Training Device FTD Fastest Time of the Day Group, Inc. (NYSE NYSE See: New York Stock Exchange :FTD), a leading provider of floral services and products and a direct marketer of flowers and specialty gifts, today announced that Becky A. Sheehan will be joining the Company as the Company's chief financial officer, effective July 5, 2006. Ms. Sheehan will report to Michael Soenen, FTD's chief executive officer, and will be responsible for finance, accounting and investor relations Investor relations The process by which the corporation communicates with its investors. . E[acute accent acute accent n. A mark (´) indicating: a. that a vowel is close or tense, as é in French été. b. that a vowel or syllable has a high or rising pitch, as in Chinese or Ancient Greek. c. ]Ms. Sheehan has nineteen years experience in public accounting with Deloitte & Touche LLP LLP - Lower Layer Protocol and Arthur Andersen LLP. Ms. Sheehan served as a lead client service partner and also as the leader of the Consumer Business and Manufacturing audit practice for the Chicago office of Deloitte. E[acute accent]"Becky's extensive auditing, consulting and leadership experience make her an excellent addition to the FTD management team," said Soenen. "I am very excited about her decision to join FTD, and I look forward to working with her as we continue to expand on our history of success." E[acute accent]Carrie Wolfe, FTD's current chief financial officer, has been elected a director of the Company and will continue as the Company's principal accounting officer until the completion of the fiscal year 2006 audit and filing of the Company's 10-K for this period. E[acute accent]"We are very thankful for Carrie's dedication and support over her tenure and the many contributions she has made to the success of FTD. We look forward to working with Carrie in her new capacity and wish her our best as she is able to spend more time with her family," said Soenen. E[acute accent]ABOUT FTD GROUP, INC. E[acute accent]FTD Group, Inc. is a leading provider of floral-related products and services to consumers and retail floral locations in the U.S. floral retail market. The business is supported by the highly recognized FTD brand, which was established in 1910 and enjoys 96% brand recognition among the Company's principal target market of U.S. consumers between the ages of 25 and 64, as well as by the Mercury Man logo, which is displayed in approximately 50,000 floral shops, globally. The Company conducts its business through two operating segments. The Consumer Segment, primarily through the www.FTD.COM (1) (Computer Output Microfilm) Creating microfilm or microfiche from the computer. A COM machine receives print-image output from the computer either online or via tape or disk and creates a film image of each page. Web site and the 1-800-SEND-FTD toll-free telephone number A toll-free, Freecall, Freephone, or 800 number is a special telephone number, in that the called party is charged the cost of the calls by the telephone carrier, instead of the calling party. , offers same-day delivery of floral orders to nearly 100% of the U.S. and Canadian populations. As a result of the same-day delivery capability and broad product selection, the Consumer Segment is one of the largest direct marketers of floral arrangements and specialty gifts in the U.S. The Florist Segment provides a comprehensive suite of products and services to enable the network of approximately 20,000 FTD members to send and deliver floral orders. This suite of products and services is designed to promote revenue growth and enhance the operating efficiencies of FTD members. |
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