In its second-largest acquisition, Amazon buys the company for $970 million.
Scott Simmons becomes chief operating and financial officer.
ShopRunner, an e-commerce delivery service that competes with Amazon.com Inc.’s Prime, has hired Scott Simmons as chief operating and financial officer. He comes from comparison shopping site Nextag, where since October 2008 he had been president and chief operating officer, according to his LinkedIn account.
ShopRunner lists more than 70 client retailers. Consumers pay $79 a year to receive two-day shipping on products purchased online from those retailers—the same general arrangement as Prime, though Amazon’s program also offers access to at least 25,000 TV and movie titles.
"Scott brings an impressive combination of executive and financial leadership skills to ShopRunner, with a track record of helping build and manage a successful global company," says Scott Thompson, CEO of ShopRunner. “As ShopRunner continues to expand, Scott's relevant experience and industry expertise will undoubtedly help increase our momentum and sustain long-term growth.”
Simmons started at Nextag in March 2000 as its vice president of finance. His other jobs there included vice president of business development and senior vice president of marketing. Before Nextag, he worked as an investment analyst.
Late last year, ShopRunner opened 100 “PickupPoints” where online shoppers can collect their purchases at retail and convenience stores.
One retailer in the Internet Retailer Second 500 Guide reports using Nextag for comparison engine feeds: FoodServiceWarehouse.com LLC, No. 661.