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8-K - Geeknet, Inc | v206023_8k.htm |
EX-10.1 - Geeknet, Inc | v206023_ex10-1.htm |
December
16, 2010
Geeknet
Names Kathryn McCarthy as Chief Financial Officer
MOUNTAIN
VIEW, Calif., Dec. 16, 2010 (GLOBE NEWSWIRE) — Geeknet, Inc. (Nasdaq:GKNT), the
online network for the global geek community, today announced that it has named
Kathryn McCarthy as Executive Vice President and Chief Financial Officer,
effective as of January 4, 2011. In addition to her duties as CFO,
Kathryn will be responsible for corporate strategy, and she will be part of
the Office of the Chief Executive Officer at the company's corporate
headquarters in Fairfax, VA. The board of directors of Geeknet created the
Office of the Chief Executive Officer on December 14, 2010. It includes Kathryn,
Scott Collison, President and Chief Executive Officer of Media, and Caroline
Offutt, President and Chief Executive Officer of ThinkGeek, all reporting to Ken
Langone, Executive Chairman and CEO of Geeknet. As previously disclosed, Patty
Morris will remain with Geeknet until March 1, 2011, in a transition
role.
For 18
years prior to joining Geeknet, Inc., Kathryn was with GE, where she was named a
Company Officer in 2003. As Vice President and CFO of GE Healthcare in London,
UK, she partnered with the CEO to deliver global growth, reduce costs and
support mergers and acquisitions and integration activities. As Vice President
of the GE Audit Staff, she led global audits and reported frequently to the
Audit Committee and the Board of Directors. Previously, she was CFO of GE
Transportation Systems and held leadership positions within GE Plastics in
Europe and the US. She graduated from the GE Financial Management Program
and holds a Bachelor of Business Administration from the University of
Massachusetts.
"We are
very pleased to have Kathryn join the team. She brings a depth and breadth
of financial leadership that is critical to our continued growth and success,"
said Ken Langone, Executive Chairman and CEO of Geeknet. "With Kathryn as
part of the leadership team, we remain focused on growing top line revenue and
increasing profitability."
About
Geeknet, Inc.
Geeknet
is the online network for the global geek community. Our sites include
SourceForge, Slashdot, ThinkGeek, Geek.com, and freshmeat. We serve an audience
of over 57 million users* each month and provide the tech-obsessed with content,
culture, connections, commerce, and all the things that geeks crave. Want to
learn more? Check out geek.net.
(*November
2010 Unique Visitors 57.9M. Source: Google Analytics and Omniture)
Geeknet
is a trademark of Geeknet, Inc. SourceForge, Slashdot, ThinkGeek, Geek.com, and
freshmeat are trademarks of Geeknet, Inc. in the United States and other
countries. All other trademarks or product names are property of their
respective owners.
The Geeknet, Inc. logo is
available at
http://www.globenewswire.com/newsroom/ctr?d=209226&l=8&u=http%3A%2F%2Fwww.globenewswire.com%2Fnewsroom%2Fprs%2F%3Fpkgid%3D7330http://www.globenewswire.com/newsroom/prs/?pkgid=7330
NOTE
REGARDING FORWARD-LOOKING STATEMENTS: This press release contains
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. These statements are based on our current
expectations, and involve risks and uncertainties. Forward-looking statements
contained herein include statements regarding the growth strategies and
prospects for our online media and e-commerce businesses and the ability of our
executives to implement such strategies. Actual results may differ
materially from those expressed or implied in such forward-looking statements
due to various factors, including: our ability to achieve and sustain higher
levels of revenue and profitability. Investors should consult our filings with
the Securities and Exchange Commission, sec.gov, including the risk factors
section of our Annual Report on Form 10-K for the year ended December 31, 2009
and our quarterly report on Form 10-Q for the period ending September 30, 2010,
for further information regarding these and other risks of our business. All
forward-looking statements included in this press release are based upon
information available to us as of the date hereof, and we do not assume any
obligations to update such statements or the reasons why actual results could
differ materially from those projected in such statements.
CONTACT: The
Blueshirt
Group
Investor
Relations Contact: Todd
Friedman
todd@blueshirtgroup.com
Stacie
Bosinoff stacie@blueshirtgroup.com
(415)
217-7722