Auction site uBid gets a new president

Timothy Takesue has been named president of uBid Inc., a business-to-consumer and business-to-business auction site. Parent uBid.com Holdings Inc. also announced that Anthony Graffia has been promoted to president of DIBU Trading Corp., another subsidiary of uBid.com Holdings.

Takesue joined the Chicago-based company in 1997 as a member of the original management team of uBid. He has more than 21 years of merchandising, retail, mail order and e-commerce experience. During his tenure with uBid, he has served as vice president of merchandising, senior vice president of merchandising and sales, interim CEO and acting chief marketing officer.

Prior to joining DIBU Trading this year, Graffia had been president of Hartford Computer Group, a business-to-business services company.