Private investment firm Comvest Partners acquires the financially troubled e-retailer, which filed for Chapter 11 bankruptcy protection in March.
Claude Clausing, who previously worked at payments companies Chase Paymentech and Vital Processing, is charged with developing new relationships and applications.
Online payment processor Ezic Inc. has named Claude Clausing as vice president of business development, with responsibilities for developing new relationships and applications.
Clausing has worked previously for two payments processors, having been vice president of corporate alliances at Chase Paymentech and executive account manager at Vital Processing.
"Claude has an outstanding record of success developing relationships with technology companies to deliver enhanced electronic payment solutions to Merchants of all sizes, across different industries," says Locke Walsh, CEO of Chicago-based Ezic. "His ability to identify and capitalize on emerging trends in the electronic payment space will continue to push Ezic into exciting new markets, both domestically and internationally."
Ezic also recently announced hiring Matt Kuba as a software engineer and Kara Blindauer as a marketing manager.