Atlanta, Georgia – (via THE
HOSTING NEWS) – August 2, 2005 – The only pure-play publicly held web hosting
company, Interland, has announced that it will be transitioning leadership of
the firm from Chairman and CEO Joel J. Kocher to Jeffrey M. Stibel, former United
Online, Inc. Senior Vice President effective August 11, 2005. Mr. Kocher will
relinquish his CEO position to Mr. Stibel, transition out of management and
remain on the Board of Directors. Mr. Stibel is expected to be appointed to
the Board of Directors.
Mr. Kocher has this to say about the changes, ”I am extremely pleased
to name a successor as uniquely qualified as Jeff. His extensive experience
in marketing and technology makes him the perfect fit to take Interland to its
goal of being the marketing services and applications leader for small businesses.
Jeff is a proven industry executive and brings a wealth of experience and capabilities
to our company.”
Prior to joining Interland, Mr. Stibel was senior vice president for United
Online’s web services division, with responsibilities including web hosting,
email, online digital photos, search and domain registration across numerous
brands. Prior to working for United Online, Mr. Stibel was Chairman and CEO
of Simpli.com Inc., a search and marketing technology company currently owned
by ValueClick, Inc. As a founder, he led Simpli.com from its inception and played
a central role in all areas of the business, including general management, marketing,
securing capital, strategic planning and business development. Mr. Stibel previously
worked at GTE (Verizon) on SuperPages, an online yellow pages and ecommerce
business directory. In addition, he has worked in mergers and acquisitions at
the law firm of Skadden, Arps, Slate, Meagher and Flom LLP and in marketing
for The Greenfield Consulting Group. He currently serves on the board of directors
for several private companies. Mr. Stibel received a master’s degree from Brown
University and studied business and brain science at MIT’s Sloan School of Management
and at Brown University, where he was a Brain and Behavior Fellow.
Mr. Stibel commented on his new responsibilities, ”I am excited about
the opportunity to grow Interland into a world-class online marketing services
company. I look forward to working with the company’s extremely talented employees.
Having built and grown several companies in the past, I feel confident that
my skill set and ability to execute, along with this great team, is a winning
combination for Interland.”
”I am confident that under Jeff’s leadership we will be able to strengthen
the value of our company and grow the business,” continued Mr. Kocher.
”The decision to transition was my choice. It is the right time for a CEO
change and Jeff is well suited to lead in the next phase of our growth as a
company. Commuting for five years has been very hard on my young family. I now
look forward to spending more time with them. I intend to remain on the board
and to support Jeff in any way I can.”
In addition, Interland has announced the nomination of three new members to
its Board of Directors, including a new chairman. The new nominations include
Seymour Holtzman as Chairman of the Board. Mr. Holtzman has been involved in
public companies for over 40 years and is currently director and Chairman of
the Board of Casual Male Retail Group, Inc. In addition, Efrem Gerszberg, current
President and Chief Operating Officer of MM Companies, Inc., and Alex Kazerani,
founder of HostPro and VP of KnowledgeBase Group at Talisma Corporation, have
also been nominated to the Board of Directors.
”On behalf of the Board of Directors and myself, we are excited about
Jeff coming onboard,” said Mr. Holtzman. ”We would all like to thank
Joel for his strong leadership during his tenure, and for moving the company
in this new direction. We look forward to his continued effort as an active
member of the board.”
For more information about Interland, please visit www.interland.com.