The two firms will become independent publicly traded companies in 2015. The move follows pressure from investor Carl Icahn to spin off the payments ...
The comparison shopping site also promotes three employees.
Comparison shopping site NexTag.com has appointed three new senior executives. The executives include new chief technology officer Bahman Koohestani, who worked as vice president of product development at PayPal, the electronic payment service owned by eBay Inc.
Brian Regan takes over as chief financial officer of NexTag. He had worked as executive vice president and chief financial officer of Ticketmaster Entertainment.
Shea Kelly has joined NexTag as senior vice president, human resources. She worked as executive development director at Juniper Networks Inc., a provider of Internet routers and other networking products and services, and vice president, global leadership capability at computer products manufacturer and retailer Hewlett-Packard Co., No. 17 in the Internet Retailer Top 500 Guide.
“We're moving aggressively to fulfill NexTag's mission to be an indispensible shopping resource for consumers as well as a value-added marketing partner for merchants and manufacturers," says Jeffrey G. Katz, CEO of NexTag. "These new hires provide energy and fresh perspective necessary to help us seize the major opportunities we see ahead for the comparison shopping category.”
The company also promoted three executives.
Scott Simmons has become president of North America for NexTag. Mark Bradley is president, international. And H. Claire Hough moves to president, new vertical markets.
Last month, NexTag bought online product recommendation research engine Wize.com for an undisclosed price.
NexTag says more than 30 million people a month use its site. The company operates comparison shopping sites in the U.S., U.K., France, Germany, Spain, Italy, Australia and Japan.