Mike Willoughby Named President of PFSweb, Inc.
September 01 2010 - 8:00AM
Business Wire
PFSweb, Inc. (Nasdaq: PFSW), Mark C. Layton, Chairman and
Chief Executive Officer of PFSweb Inc., an international provider
of end-to-end eCommerce solutions for leading online retailers and
manufacturers, today announced that Mike Willoughby has been
promoted to President of PFSweb, Inc.
In announcing the promotion, Mr. Layton stated “It is with great
honor that I announce the promotion of Mike Willoughby to the
position of President of PFSweb, Inc. Over the past few years, Mike
has served as President of our Services division where he created
and brought to fruition PFSweb’s End2End eCommerce® offering that
has become the cornerstone of our rapidly growing Direct to
Consumer (DTC) market segment. Mike’s vision and strong leadership
have become an integral part of our expanding success in the
exciting web commerce industry. Today's announcement is further
recognition of the commitment Mike has demonstrated throughout his
career at PFSweb. This expanded role will allow Mike to work with
me to further contribute to the overall strategic development of
the future vision and direction of our entire company.”
"I am honored to continue to serve PFSweb and I look forward to
building on the successes of our Services business in this expanded
role. I am privileged to be part of a wonderful team of
professionals led by Mark Layton and we are all focused on
continuing to grow our company while providing a world class
solution to each of our clients,” stated Willoughby.
Previously Mr. Willoughby served as President of PFSweb’s
Services Division and continues to serve as the company’s Chief
Information Officer. Willoughby joined PFSweb as Vice President of
eCommerce in 1999, where he led the group responsible for
the acquisition, development, integration and support of
world-class technologies, and was promoted to CIO in 2001. He
is a graduate of Abilene Christian University with a degree in
Business Administration. Mr. Willoughby will continue to report to
PFSweb, Inc. Chairman and Chief Executive Officer, Mark C.
Layton.
About PFSweb, Inc.
PFSweb develops and deploys comprehensive end-to-end eCommerce
solutions for Fortune 1000, Global 2000 and brand name companies,
including interactive marketing services, global fulfillment and
logistics and high-touch customer care. The company serves a
multitude of industries and company types, including such clients
as P&G, LEGO, Carter's, AAFES, Riverbed, InfoPrint Solutions
Company, Hawker Beechcraft Corp., Roots Canada Ltd. and Xerox.
Through its wholly owned eCOST.com subsidiary, PFSweb also
serves as a leading multi-category online discount retailer of
high-quality new, "close-out" and manufacturer recertified
brand-name merchandise for consumers and small to medium size
business buyers. The eCOST.com brand markets approximately 270,000
different products from leading manufacturers such as Sony,
Hewlett-Packard, Denon, JVC, Canon, Nikon, Panasonic, Toshiba,
Microsoft, Garmin, Braun, Sharp, Cuisinart, Bissell and Hoover
primarily over the Internet and through direct marketing.
To find out more about PFSweb, Inc. (NASDAQ: PFSW), visit the
company's websites at http://www.pfsweb.com and
http://www.ecost.com.
The matters discussed herein consist of forward-looking
information under the Private Securities Litigation Reform Act of
1995 and is subject to and involves risks and uncertainties, which
could cause actual results to differ materially from the
forward-looking information. PFSweb's Annual Report on Form 10-K
for the year ended December 31, 2009 and Quarterly Report on Form
10-Q for the six months ended June 30, 2010 identify certain
factors that could cause actual results to differ materially from
those projected in any forward looking statements made and
investors are advised to review the Annual and Quarterly Reports
and the Risk Factors described therein. PFSweb undertakes no
obligation to update publicly any forward-looking statement for any
reason, even if new information becomes available or other events
occur in the future. There may be additional risks that we do not
currently view as material or that are not presently known.
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