In its second-largest acquisition, Amazon buys the company for $970 million.
David Marinkovich will be responsible for all marketing programs and field sales for the shipping services vendor.
AUSTIN, TX – January 4, 2011 – Newgistics, Inc. (www.newgistics.com), a leading provider of small parcel delivery, returns management and freight shipping services, today announced the hiring of David T. Marinkovich as Vice President, Marketing & Field Sales. An industry veteran with extensive executive leadership experience, Marinkovich will be responsible for all marketing programs and field sales, reporting to Newgistics’ President and Chief Executive Officer, Bill Razzouk.
“David is a proven leader who has played a critical role in the development and expansion of numerous high-growth companies in the logistics industry,” said Razzouk. “As Newgistics looks forward to a future bright with opportunity, the addition of David to our executive leadership team further solidifies our ability to manage that growth.”Prior to joining Newgistics, Marinkovich held executive positions with industry-leading companies including SmartMail and DHL Global Mail. Marinkovich will be based out of Newgistics’ corporate headquarters located in Austin, Texas.
Newgistics offers the most robust suite of delivery, returns management and freight shipping services for residential shippers. Since 1999, Newgistics has put its clients in the driver’s seat of their shipping strategy by lowering costs, improving service, providing end-to-end visibility and building lifetime value. We know shipping, backwards and forwards. For more, visit www.newgistics.com and www.newgisticsblog.com.