April 8, 2005, 12:00 AM

Shopping.com’s Dan Ciporin relinquishes CEO title to become chairman

Online comparison shopping service Shopping.com’s CEO Dan Ciporin is stepping down and will become chairman of the board of directors. Lorrie Norrington, a member of the Shopping.com board, will replace Ciporin as president and CEO, effective June 1.

 

Online comparison shopping service Shopping.com Ltd.’s CEO Dan Ciporin is stepping down and will become chairman of the board of directors. Lorrie Norrington, a member of the Shopping.com board, will replace Ciporin as president and CEO, effective June 1.

"Dan`s strategic vision has enabled Shopping.com to go from concept to a leading global online comparison shopping service with $100 million in revenue," said Bill Gurley, a member of Shopping.com`s board of directors and partner of Benchmark Capital. "We thank him for his leadership over the past six years and look forward to his continued involvement as chairman."

Norrington joined the board last June. Most recently she was executive vice president in the office of the CEO at software company Intuit. Before joining Intuit, she was president and CEO of GE FANUC Automation, General Electric Co.’s global automation solutions business. During her 20 years at GE, Norrington held senior management positions in information services, medical systems, industrial systems and financial services.

Shopping.com also reported preliminary results for its first quarter ended March 31. Shopping.com expects to report revenue of $28.5 million and net income of $3.8 million. The company will release Q1 financial results on April 27.

 

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