Private equity firm Apollo Global Management will take Rackspace private in the all-cash deal.
ICongo has promoted Steven Kramer to president. Joshua Ostrega has been named executive vice president for business operations, Domenico D’Avirro vice president for retail system services, and Mark Sadegursky vice president for software development.
E-commerce systems provider iCongo Inc. has promoted Steven Kramer, one of its co-founders, to president. He also will continue as chief technology officer and remains responsible for long-term product and technology development, including corporate strategy, research and development, and product management.
The Montreal-based company also announced three other promotions, including naming Joshua Ostrega executive vice president for business operations. Ostrega joined iCongo in 1999 and has been involved in the formulation of company policy and execution strategies in addition to overseeing quality assurance, customer service and managed services. He will continue to manage quality assurance and customer service.
Domenico D’Avirro has been promoted to vice president for retail system services, where he will be responsible for managing the Retail Systems business including professional services and customer relations. Mark Sadegursky has been appointed vice president for software development.
D’Avirro joined iCongo in 2006 as director of account management where he was a senior project manager for the implementation of iCongo’s business-to-consumer systems at major retailers. Sadegursky joined iCongo in 2001 and has held such positions as senior systems analyst, network manager and software manager