News after hours. Maybe the reason for the run up...
InfoSpace Appoints Vanessa Wittman to Board of Directors
Thursday April 3, 4:32 pm ET
BELLEVUE, Wash.--(BUSINESS WIRE)--April 3, 2003--InfoSpace, Inc. (Nasdaq:INSP - News), a provider of wireless and Internet software and application services, today announced the appointment of Vanessa Wittman to the Company's Board of Directors and Audit Committee.
Ms. Wittman is executive vice president and chief financial officer (CFO) of Adelphia Communications Corporation, the fifth-largest cable television company in the country. She was named to Adelphia's management team late last month.
"Vanessa brings a broad range of executive experience in financial management and corporate development to InfoSpace," said Jim Voelker, chairman and CEO of InfoSpace, Inc. "Her financial expertise immediately strengthens our Board of Directors and Audit Committee. I'm pleased to have her as part of our team moving forward as we focus our efforts to drive long-term growth, profitability and shareholder value."
"It is an exciting time to be part of InfoSpace, as the Company, under Jim's leadership, focuses its resources on long-term opportunities for growth," said Wittman. "I look forward to helping further shape and drive InfoSpace's business initiatives to success."
Prior to Adelphia, Ms. Wittman was CFO of broadband network services provider 360networks, where she led the Company's restructuring efforts and successful emergence from bankruptcy protection in November 2002. Ms. Wittman initially joined 360networks as vice president of corporate development.
Previously, she served as senior director of corporate development at Microsoft and was CFO of the wireless-services company Metricom, Inc.
Ms. Wittman holds a BS/BA in Business Administration from the University of North Carolina at Chapel Hill, and an MBA from the University of Virginia's Darden Graduate School of Business |
