Friday May 25, 7:02 am Eastern Time
Press Release
GoTo Appoints New Board Member
Steve Alesio of The Dun & Bradstreet Corp. To Become Seventh Member of GoTo Board of Directors
PASADENA, Calif.--(BUSINESS WIRE)--May 25, 2001-- GoTo (Nasdaq:GOTO - news), the leading provider of Pay-For-Performance search to Web sites across the Internet, today announced the appointment of Steve Alesio to its board of directors.
Alesio, 47, becomes the seventh member of GoTo's board.
Alesio is a senior vice president of The Dun & Bradstreet Corp. (D&B), with responsibility for Corporate Strategy, E-Commerce and Global Marketing, and is a member of the company's Global Leadership Team.
Prior to joining D&B, Alesio spent 19 years at The American Express Co. in New York, holding a number of senior management and operating roles. He most recently served as president and general manager of the Business Services group and as a member of the company's Planning and Policy Committee. He also held general management positions in the Consumer Travel Business and the Small Business Services group.
Alesio is also a member of the board of directors of Administaff Inc., a publicly traded HR outsourcing business. Alesio earned a bachelor's degree from St. Francis College, Pa. in 1976, and an MBA from the University of Pennsylvania's Wharton school in 1981.
¶ ``GoTo is a real bright spot in the Internet today, with the potential to become one of the more important Internet companies of the next decade,'' said Alesio. ``I am excited to be joining the board, and helping GoTo achieve its potential in Pay-For-Performance search.''
``We are truly excited to have Steve join our board,'' said Ted Meisel, chief executive officer of GoTo. ``Steve brings that rare blend of keen strategic insight with an extensive operating background. In addition, his experience in serving millions of businesses with financial and information services will be invaluable in guiding the company as we seek to extend our industry leading position in Pay-for-Performance search.''
About GoTo
GoTo (Nasdaq:GOTO - news) makes introductions between the customers of its Web search distribution partners and the best businesses, products and services on the Internet. GoTo distributes Pay-For-Performance search to its tens of thousands of affiliate partners, which include AltaVista, America Online, CompuServe, EarthLink/MindSpring, Microsoft, Netscape and Terra Lycos.
GoTo reaches 64 million unique users, and has relationships with more than 42,000 active, paying advertisers, who place their product, service and information offerings through GoTo's services. During the first quarter of 2001, GoTo completed 314 million paid introductions, each of which represents the match of a specific user need with a relevant advertiser offering.
GoTo has headquarters in Pasadena, Calif., and a showcase site of its services can be found online at www.GoTo.com.
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Contact:
GoTo, Pasadena
Al Duncan, 626/685-5714
al@goto.com |
