Lorna Borenstein Named President of Move, Inc.
01 Maio 2007 - 5:15PM
Business Wire
Move, Inc., (NASDAQ:MOVE) the media leader in connecting consumers
with the when, where and how to move, announced today that Lorna
Borenstein has been named President of Move, Inc. In this new
position, reporting to chief executive officer Mike Long,
Borenstein will have full P&L responsibility and lead
day-to-day business operations, engineering, marketing and product
development of the company. �We are extremely fortunate to have
someone with Lorna�s�business leadership skills as Move�s new
president,� said Mike Long, chief executive officer of Move, Inc.
�After an�extensive search, we chose Lorna due to her rare
combination of demonstrated entrepreneurial, operational, product
and marketing talents. From focusing on�legal and business affairs
at Hewlett-Packard, to launching eBay Canada from her kitchen
table, to managing large-scale consumer-focused�Internet operations
at Yahoo!, Lorna represents the best of a new generation of proven
business leaders. She is ideally suited to take Move to our next
stage of growth.� �We at the National Association of REALTORS�
(NAR) are pleased that Move has deepened its management team and
attracted someone with Lorna Borenstein�s�abilities to manage
Move�s overall business strategy,� said Bob Goldberg of the NAR.
�Lorna�s commitment to strengthening the partnership with the NAR
and extending REALTOR.com�, the world�s leading real estate Web
site and one of our most valuable member services, positions our
two organizations to deliver tremendous benefits to both REALTORS�
and consumers.� Borenstein has held a number of executive positions
at Yahoo! including vice president, product for Yahoo!'s strategy
on youth and education, global vice president and general manager
of Yahoo! Personals and vice president, marketing of Yahoo! Search
& Marketplace Group, where she was responsible for leading all
marketing strategy and initiatives for this multi-billion dollar
business. �As the leader in the emerging online real estate media
category, Move is extremely well-positioned to capitalize on one of
the largest advertising markets that is just beginning to shift its
spend online,� said Lorna Borenstein. �Move has the right assets,
partnerships and talent to build one of the truly great online
businesses. I look forward to contributing to Move's�dynamic
growth.� Prior to joining Yahoo!, Borenstein served as vice
president and general manager for eBay, the largest online trading
community. Borenstein was initially hired by eBay to launch its
Canadian business, where she was responsible for overall strategy
and operations, company business development, sales and marketing,
branding, merchandising, product and public relations and community
interaction.�Borenstein is credited with leading the team that
drove eBay's explosive growth in Canada, making it the country's
No. 1 online shopping destination. In 2002 Borenstein was voted one
of Canada's Power 50, the annual Financial Post executive ranking
of Canada's top businesswomen. A lawyer by training, Borenstein
practiced law at Peterson & Ross in Chicago, Illinois, and
Osler, Hoskin & Harcourt, in Toronto, Ontario, before taking on
the role of Assistant Counsel at Hewlett-Packard (HP) Canada Ltd.
While at HP, Borenstein negotiated mergers, acquisitions and
divestitures of HP interests, negotiated technology and outsourcing
agreements, managed teams involved in complex business expansions,
advised on corporate finance issues and oversaw litigation.
Borenstein received her Bachelor of Civil Law and a Bachelor of
Common Law, with Honors, at McGill University. She also holds a
degree in Business from the American College in London, England
where she graduated Summa Cum Laude. ABOUT MOVE, INC. Move, Inc.
(NASDAQ:MOVE), the media leader for finding, improving, and
enjoying your home, provides homebuyers and renters with the real
estate and community information, and professional connections they
need before, during and after a move. The Company operates
Move.com� (http://www.move.com), the most comprehensive real estate
search site for rentals and homes to buy and REALTOR.com�
(http://www.realtor.com), the official Web site of the National
Association of REALTORS�. Move also operates Welcome Wagon�
(http://www.welcomewagon.com), a 78-year old neighborhood expert
that provides new movers with valuable and comprehensive
information about businesses and professionals in their new
communities. Move.com is the official new homes Web site of the
National Association of Home Builders. Move also operates
Moving.com (http://www.moving.com), SeniorHousingNet�
(http://www.seniorhousingnet.com), TOP PRODUCER� Systems
(http://www.topproducer.com), FactoryBuiltHousing.com
(http://www.factorybuilthousing.com) and Home Plans
(http://www.homeplans.com). On the Net: http://investor.move.com.
REALTOR� and REALTOR.com� are registered trademarks of the NATIONAL
ASSOCIATION OF REALTORS�. REALTOR� is a federally registered
collective membership mark, which identifies a real estate
professional who is a Member of the NATIONAL ASSOCIATION OF
REALTORS� and subscribes to its strict Code of Ethics. This press
release may contain forward-looking statements, including
information about management�s view of Move�s future expectations,
plans and prospects, within the safe harbor provisions under The
Private Securities Litigation Reform Act of 1995. These statements
involve known and unknown risks, uncertainties and other factors
which may cause the results of Move, its subsidiaries, divisions
and concepts to be materially different than those expressed or
implied in such statements. These risk factors and others are
included from time to time in documents Move files with the
Securities and Exchange Commission, including but not limited to,
its Form 10-Ks, Form 10-Qs and Form 8-Ks. Other unknown or
unpredictable factors also could have material adverse effects on
Move�s future results. The forward-looking statements included in
this press release are made only as of the date hereof. Move cannot
guarantee future results, levels of activity, performance or
achievements. Accordingly, you should not place undue reliance on
these forward-looking statements. Finally, Move expressly disclaims
any intent or obligation to update any forward-looking statements
to reflect subsequent events or circumstances. For additional
information, visit http://www.move.com
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