I4 Commerce adds retail heavyweights to its board
Online payments provider I4 Commerce has added some retail heft to its board of directors with the addition of Mark Britto, former senior vice president at Amazon.com Inc., Robert DiRomualdo, former chairman of Borders Group Inc., and Victor Lund, former vice chairman of Albertson`s Inc.
"Mark, Bob and Vic are retail industry visionaries that have helped establish and grow some of the premier retail and technology brands in America today," says Gary Marino, CEO of I4 Commerce, which offers the Bill Me Later payment option to retailers. "Their experience and insight will be invaluable as we continue our efforts to grow the company rapidly by earning the trust of more and more consumers and expanding the number of retail partners in our Merchant Network."
While serving as senior vice president of worldwide services, sales and business development at Amazon.com, Britto led deals with Target, Circuit City, Borders Books and Toys "R" Us. Britto is CEO and president of Ingenio, a paid search-based advertising system. Prior to his work with Ingenio and Amazon.com, Britto held senior management positions with First USA and Nations Bank.
DiRomualdo was chairman of Borders Group Inc. from 1999 until 2002. He joined the company in 1989 as CEO and served in that capacity until the end of 1999. During his tenure, the company grew from a five-store operation with $17 million in sales to a $5 billion-a-year company. He is founder and CEO of Naples Ventures LLC, a specialty investment firm.
Lund was vice chairman of supermarket chain Albertson`s Inc. from 1999 until 2002. Prior to his role at Albertson`s, Lund held senior positions at American Stores Co., most recently chairman of the board and CEO. He also is a director of Borders, Del Monte Food Co., NCR Corp., and Service Corp. International.
More than 425 retailers accept Bill Me Later, including Walmart.com, Apple, US Airways, OfficeMax, Brookstone and PETCO.
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