Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
Jenson brings 35 years of manufacturing and distribution experience across multiple industry sectors to his new role. His appointment supports a planned expansion of products and services.
Online pet supplies retailer Neeps Inc. has appointed Jon Jensen as its chief financial officer. Neeps, also a pet supply distributor to retailers, operates 29 retail pet supply web sites.
Jensen , with 35 years of experience in the positions as CEO, COO and CFO of numerous public and private organizations, has worked in the distribution and manufacturing areas of companies focused on technology, electronics, engineered design, fabricated metal and other industry sectors. He has experience in negotiating, financing and managing acquisitions, divestitures, managers and joint ventures.
"Jon comes to us at a time when we`re ready to being a 16 month expansion project that includes the introduction of new products and services as well as the construction of a new facility,” says Scott Sanfilippo, CEO. His experience and financial knowledge will contribute to the overall success of the project and the company as a whole."
Neeps is No. 498 in the Internet Retailer Top 500 Guide to Retail Web Sites.