Endurance International Group Announces Appointment of New CEO
August 14 2017 - 4:05PM
Endurance International Group Holdings, Inc. (NASDAQ:EIGI), a
leading provider of cloud-based platform solutions designed to help
small and medium-sized businesses succeed online, today announced
that its Board of Directors has appointed Jeffrey H. Fox to the
role of President and Chief Executive Officer effective August 22,
2017.
“It is my pleasure to announce the appointment of Jeff as CEO
and to welcome him to the company on behalf of the entire board and
Endurance team,” said James C. Neary, Chairman of the Board of
Directors of Endurance International Group. “Jeff’s extensive
experience leading strategy and operations for organizations in the
technology, information services, and telecom industries make him
ideally suited to lead the company as it focuses on balancing
operational execution with profitable growth and free cash flow
generation.”
In addition to his role as President and Chief Executive
Officer, Mr. Fox will also serve on Endurance’s Board of
Directors. He succeeds Hari Ravichandran, the company’s
founder, who will resign effective August 22, 2017 as CEO and as a
member of the Board, in accordance with the CEO transition plan
announced in April 2017.
“I am excited to begin working with the board and the talented
team at Endurance,” said Mr. Fox. “I have a deep appreciation for
the dedication that has gone into building this company and am
honored to have been selected to guide it through its next
phase.”
Mr. Fox joins Endurance after numerous executive leadership
roles, most recently at Convergys Corporation, where he was
President and CEO from 2010 to 2012 and then Chairman of the Board
since 2012. He is currently a principal of The Circumference
Group LLC, an investment and advisory firm that he founded in 2009.
Prior to that, Mr. Fox held multiple senior leadership roles
at Alltel Corporation over a 13 year period, including COO, Group
President – Shares Services, and Group President – Alltel
Information Services. Mr. Fox began his career in investment
banking and worked at Stephens, Inc. and Merrill Lynch Pierce
Fenner and Smith. He holds a Bachelor of Science in Economics
from Duke University.
About Endurance International Group Endurance
International Group Holdings, Inc. (NASDAQ:EIGI) (em)Powers
millions of small businesses worldwide with products and technology
to vitalize their online web presence, email marketing, mobile
business solutions, and more. The Endurance family of brands
includes: Constant Contact, Bluehost, HostGator, iPage, Domain.com,
BigRock, SiteBuilder and SinglePlatform, among others.
Headquartered in Burlington, Massachusetts, Endurance employs
approximately 4,000 people across the United
States, Brazil, India and the Netherlands. For more
information, visit: www.endurance.com.
Endurance International Group and the compass logo are
trademarks of The Endurance International Group, Inc. Other
brand names of Endurance International Group are trademarks of The
Endurance International Group, Inc. or its subsidiaries.
Investor Contact:
Angela White
Endurance International Group
(781) 852-3450
ir@endurance.com
Press Contact:
Kristen Andrews
Endurance International Group
(781) 482-7038
press@endurance.com
Endurance (NASDAQ:EIGI)
Historical Stock Chart
From Mar 2024 to Apr 2024
Endurance (NASDAQ:EIGI)
Historical Stock Chart
From Apr 2023 to Apr 2024