Co-Founder and Outgoing CEO Marc Katz to Remain as Chairman
FAIRFAX, Va.,
July 19,
2024 /PRNewswire/ -- Custom Ink, the online leader in
custom wearables and other swag for organizations, groups, and
communities, today named former Realtor.com CEO David Doctorow as the company's new CEO.
Doctorow will take the reins and join the company's Board of
Directors in August, while co-founder and outgoing CEO Marc Katz will remain Chairman of the Board.
"Leading Custom Ink and working with such great people has been
an amazing 25-year experience," said Katz. "We've undertaken major
changes since the pandemic to refocus on our digital roots, and now
it's time for a new CEO to lead us to new heights. David is a
proven leader with an impressive track record building digital
business. He's also a terrific person, and the Board and I have
enormous confidence in him to lead Custom Ink."
Over a thirty-year career, Doctorow has helped transform and
grow some of the world's best known technology businesses in the
travel, e-commerce, and real estate industries. He most recently
served as CEO of Realtor.com, where he led the business to record
revenue, profit, and consumer satisfaction, while also earning
"Best CEO" recognition from Comparably.com based on employee
surveys. Earlier, he led significant growth in eBay's customer
acquisition & retention as head of Global Growth and helped
Expedia double its sales and profit as Chief Marketing &
Strategy Officer.
"What Marc and team have accomplished over the last 25 years is
remarkable, and I'm honored and excited to step into the CEO role
and lead Custom Ink going forward," said Doctorow. "This is a great
company, built on a foundation of strong values, and I feel deeply
aligned with its mission to help people create a stronger sense of
community and connection. I also see tremendous potential for
further growth and look forward to working with my fellow Inkers
and our partners to keep wowing customers and building the
business."
Katz and his co-founders began working on the business in 1999
and formed the company in early 2000. In the years since, Custom
Ink has helped millions of people foster and celebrate lasting
connections among their friends, family, teammates, and colleagues
with inspired custom products people are proud to wear and use.
Michael Kumin, Managing Director
of Great Hill Partners, the company's primary growth equity backer,
added, "We're grateful to Marc for all he's done to build the
business to this point, as well as his continued support as
Chairman. He's handing off a great brand, streamlined operating
model, and the strongest profitability in the company's history,
and we're thrilled to have David leading us forward from here."
About David Doctorow
From early 2020 to mid-2023, Doctorow served as CEO and led the
transformation of Move Inc., a portfolio of real estate brands that
includes Realtor.com. During his tenure, the business achieved
all-time highs in revenue, EBITDA, and audience, consistently
out-pacing competitors and increasing employee engagement. In that
role, Doctorow was recognized among the top 50 "Best CEOs" by
employee review site Comparably based on millions of survey ratings
across 70,000 companies.
Prior to Move Inc., Doctorow spent four years at eBay, where he
led Global Growth from 2016 to 2020. Under his leadership, the
company transformed its marketing product, technology, and data
science, resulting in major increases in Global Growth-driven
revenue, audience, and active buyers.
Before joining eBay, Doctorow spent five years from 2011 to 2016
as Chief Marketing and Strategy Officer at Expedia, the leading
travel technology company, where he helped guide the overall
reacceleration of the business and an industry consolidation that
included Orbitz, Travelocity, and a number of international brands.
At Expedia, David's team drove significant increases in revenue and
EBITDA. In that role, he was named one of "Top 50 CMOs to Watch" by
Boardroom Insiders and a Forbes "Top 50 Most Influential CMO."
Earlier in his career, Doctorow worked in management consulting
with McKinsey & Co., marketing, sales, and operations with
Hewlett-Packard, and investment banking with Deutsche Bank and
Dillon, Read & Co. Inc.
Doctorow holds a bachelor's degree in International Relations
from the University of Pennsylvania and
an MBA from Stanford University
Graduate School of Business.
About Custom Ink
Custom Ink is the online leader in custom wearables and other
swag for organizations, groups, and communities. The company helps
people bring their families, friends, teammates, and colleagues
together with inspired products they are proud to wear and use.
Custom Ink makes the customization process fun and easy with
innovative design tools, caring customer service, creative design
inspiration, and high-quality merchandise. Custom Ink owns
Swag.com, the most recognizable provider for corporate swag,
Printfection, a leading swag platform for enterprise buyers, and
Swag Space, an end-to-end white-label platform for promotional
product distributors. It also offers Custom Ink Fundraising, a
platform to raise money and awareness for charities and personal
causes through the sale of custom t-shirts and other
apparel.
Media Contact:
Andrew Weinstein
202-667-4967
380622@email4pr.com
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SOURCE Custom Ink