CommerceHub Announces Appointment of Mark Greenquist as CFO
Recognized Leader With Extensive Operational and Financial Experiences Joins E-Commerce Platform
ALBANY, NY–(Marketwired – Jun 16, 2016) – CommerceHub, a leading provider of virtual inventory and marketing solutions for retailers and brands, announced today the appointment of Mark Greenquist as Chief Financial Officer, effective June 16, 2016. Greenquist, a seasoned financial and operations executive with more than 35 years of experience, will report to CommerceHub President and CEO Frank Poore and be responsible for all financial operations and reporting at the company. Greenquist succeeds CFO Bob Marro, who will remain with the company as an advisor.
Greenquist brings more than 35 years of experience to CommerceHub, including an extensive operational and financial background at global publicly held companies and established relationships with Wall Street analysts and investors. Before CommerceHub, Greenquist was CFO of Sonus Networks, a publicly traded cloud-based communication solutions provider for enterprises with $249 million in 2015 revenue. Prior to Sonus, he held a variety of senior leadership positions, including CFO at Unify (formerly Siemens Enterprise Communications Limited), a global communications and software company with $2 billion in revenue and 10,000 employees. Before Siemens, Greenquist served as President and CEO at Telcordia Technologies, Inc. until its acquisition by Ericsson in 2012, and held leadership roles at Symbol Technologies, Agere Systems, General Motors and Delta Airlines.
“Mark is a great fit for CommerceHub and we’re excited to have him join our team. He has tremendous financial and operational experience that complements our current executive team,” said Poore. “His long track record of success with both private and publicly traded companies makes him well-suited for this leadership position at CommerceHub.”
“I’m looking forward to joining CommerceHub. It’s an exciting and dynamic company in a fast-moving industry,” said Greenquist. “The company has had exceptional performance, and is well-positioned to take advantage of the growing e-commerce sector in the U.S. and international markets. I’m confident my experience, together with the strong team already in place, can make CommerceHub even more successful going forward.”
Greenquist holds a Bachelor of Arts degree in Economics from Dartmouth College and a Master of Business Administration degree with concentration in Finance from Columbia University Graduate School of Business. He will operate out of the company’s Albany headquarters.
CommerceHub helps retailers and brands increase sales by expanding product assortments, promoting products on the channels that perform, and enabling rapid, on-time customer delivery. With its robust platform and proven scalability, CommerceHub helped its approximately 9,500 customers achieve an estimated $11.6 billion in GMV in 2015. CommerceHub is a subsidiary of Liberty Interactive Corporation attributed to the Liberty Ventures Group (NASDAQ: LVNTA) (NASDAQ: LVNTB).
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