Wednesday, January 07, 2009

Infopia Appoints New CEO

Infopia, the leading SaaS [Software as a Service] provider of eCommerce software services, announced today that Coleman Barney has joined the company as President and Chief Executive Officer. As CEO of Infopia, Coleman will bring extensive experience in eCommerce and business improvement to fuel Infopia's continued growth serving mid-market and enterprise online businesses. He is succeeding Bjorn Espenes, former CEO and President, who will continue as a member of the Board of Directors for Infopia.

I'll add my 15% as I get more info. Infopia competes in a tough business with ChannelAdvisor, Mercent, Monsoon and others helping retailers manage their multiple sales channels. 

It is interesting that a new CEO would come on-board during a real challenging time in ecommerce, but as outgoing CEO Bjorn Espenes says "Infopia's successful expansion into higher end, multi-marketplace online businesses demonstrates our ability to support increasingly complex retail environments," said Bjorn Espenes. "We looked for someone with a proven track record who could take the company to the next level. Coleman brings his results-oriented style to a business that saw record results in 2008 - a perfect combination."

We'll have to see how this move plays out in this very competitive environment. Good luck Mr. Barney.

Just my 15%

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