GSI Commerce Hires James Flanagan as Senior Vice President of Human Resources
KING OF PRUSSIA, Pa., April 26, 2004 – GSI Commerce Inc. (NASDAQ: GSIC), has hired James Flanagan, 43, to the newly created post of senior vice president of Human Resources. Flanagan, an HR executive with more than 18 years experience, will report to Michael Rubin, chairman and CEO of the company.
“The creation of a new, executive-level human resources leadership position is a natural step in the evolution and growth of our company,” said Rubin. “Our growth strategy requires that we invest in attracting, developing, rewarding and retaining the industry’s best talent. Jim brings the perfect set of skills and experience to help us accomplish those goals,” said Rubin.
Prior to joining GSI Commerce, Flanagan served in human resources leadership positions for Starwood Hotels and Resorts, Bank of America, HomeGrocer.com and Starbucks Coffee Company. Most recently at Starwood, he headed human resources for the Stars and Brands division, which included technology, marketing, distribution, revenue management, and Web and call centers.
Flanagan also brings strong experience and passion for working in high-growth, entrepreneurial companies from his work at HomeGrocer.com and Starbucks. While at Starbucks, Flanagan led the HR effort for North America helping the company to grow from 400 stores to more than 2,200.
Flanagan earned a bachelor’s degree from the University of Michigan and a law degree from Villanova University. He is married with three children and is relocating to the King of Prussia, Pa. area.
About GSI Commerce
GSI Commerce provides an e-commerce solution enabling retailers, branded manufacturers, entertainment companies and professional sports organizations to operate e-commerce businesses. The company’s e-commerce solution includes Web site design, e-commerce technology, managed hosting, order fulfillment, customer service, merchandising and order management, online merchandising, customer relationship management, content development and online marketing. The company operates either all or a portion of the e-commerce businesses for more than 40 partners.
Forward-Looking Statements
All statements made in this release other than statements of historical fact are forward-looking statements. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “plan,” “will,” “would,” “should,” “guidance,” “potential,” “continue,” “project”, “forecast”, “confident,” “prospects,” and similar expressions typically are used to identify forward-looking statements. Forward-looking statements are based on the then-current expectations, beliefs, assumptions, estimates and forecasts about the business of GSI Commerce and the industries and markets in which GSI Commerce operates. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions, which are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or implied by these forward-looking statements.
Factors which may affect GSI Commerce’s business, financial condition and operating results include the effects of changes in the economy, consumer spending, the financial markets and the industries in which GSI Commerce and its partners operate, changes affecting the Internet and e-commerce, the ability of GSI Commerce to develop and maintain relationships with strategic partners and suppliers, the ability of GSI Commerce to timely and successfully develop, maintain and protect its technology and product and service offerings and execute operationally, the ability of GSI Commerce to attract and retain qualified personnel, the ability of GSI Commerce to successfully integrate its acquisitions of other businesses, if any, and the performance of acquired businesses. More information about potential factors that could affect GSI Commerce can be found in its most recent Form 10-K, Form 10-Q and other reports and statements filed by GSI Commerce with the Securities and Exchange Commission. GSI Commerce expressly disclaims any intent or obligation to update these forward-looking statements, except as otherwise specifically stated by GSI Commerce.
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