In its second-largest acquisition, Amazon buys the company for $970 million.
Books, CDs and DVDs retailer Alibris has promoted Liz Derr from vice president of engineering to chief operating officer. She will manage retail partnerships and customer service and continue to lead engineering.
Alibris Inc. has promoted Liz Derr to chief operating officer. Since joining the company in 2005, Derr had served as vice president of engineering.
Derr will continue to lead the books, CDs and DVDs retailer’s engineering department. New responsibilities include managing partnerships with retailers including Amazon.com, Barnes & Noble, Borders, Chapters/Indigo and Half.com. She also will head the customer service department of Alibris, No. 117 in the Internet Retailer Top 500 Guide.
“Liz has successfully led Alibris through new initiatives and major infrastructure changes, and has taken over leadership of our cross-functional operations team this past year,” says Brian Elliott, the former chief operating officer who was named president and CEO in December. “Having Liz integrate our engineering, customer service and business-partnership initiatives allows us to better serve sellers, buyers and partners by implementing improvements that drive long-term growth for our business.”
In addition to music and movies, Alibris offers more than 75 million used, new and out-of-print books, the company says. Alibris was founded in 1998 and acquired by Oak Hill Capital Partners in 2006.