In its second-largest acquisition, Amazon buys the company for $970 million.
Shopping.com Inc. has named Greg J. Santora chief financial officer. Velosel Corp. has appointed ex-Trigo exec Russ Henry as senior vice president of marketing.
Comparison shopping site Shopping.com Inc. has named Greg J. Santora as chief financial officer. Santora was previously CFO and senior vice president of software developer Intuit Inc. While at Intuit, Santora headed all corporate finance operations. During his tenure, Intuit’s revenues quadrupled from $300 million in 1996 to more than $1.3 billion by December 2002. Before Intuit, he held senior finance positions with Apple Computer Inc.
Shopping.com is the fourth largest shopping service on the web, according to Nielsen//NetRatings.
Santora also serves on the board of directors of LookSmart, Digital Insight and Align Technologies.
The company reports that Jason Schwartz, who has headed up finance for Shopping.com since 2000, takes on the role of vice president, finance.
Velosel Corp., provider of product information management software, has appointed Russ Henry senior vice president of marketing. Henry joins Velosel from content management provider Trigo Technologies Inc., where he was senior vice president in charge product strategy, corporate positioning and market development.
Henry will lead Velosel`s global marketing initiatives and product positioning.
"Velosel is making great strides with its multi-million-dollar customer wins and international expansion," Henry said. "Additionally, its deep understanding of retail and consumer goods manufacturing positions the company at the forefront of the CPIM industry. My goal is to help continue this momentum and extend Velosel`s leadership position in this expanding market."