SAN FRANCISCO, CA--(Marketwire - Jan 18, 2012) - Flite, the leader in cloud-based advertising, today announced the new high-profile hire of Tim Krozek as Senior Vice President of Sales and Business Development. In recent weeks, Flite also expanded its Advisory Board to welcome Jeff Epstein, former CFO of Oracle and current board member at Priceline.com, and Matthew Yorke, President at IDG Global Solutions. The Advisory Board is comprised of industry leaders who provide thought leadership and business insight to Flite.
"The recent additions to our team represent Flite's steady expansion and aggressive growth plans for 2012," says CEO Will Price. "In 2011, we enjoyed record growth as revenue grew by 6x, employee count tripled, and we opened new offices in Boston, Chicago, and New York. In addition, we welcomed many of the world's top brands and publishers as Flite customers. We are thrilled to have Tim join us and to add Jeff and Matt to our Advisory Board."
Tim Krozek comes to Flite from Support.com, where he served as Senior Vice President of Business Development and Client Services. As Flite's new Sales and Business Development leader, he will continue to bring large advertisers and publishers onto the Flite agile display marketing platform. He will also work with third-party companies to build out functionality and plug-ins for the platform. Krozek brings more than 15 years of experience in enterprise technology, ecommerce, marketing, sales, international general management, and client service. He has worked in both large corporations and startups, including Yahoo!, AOL, Netscape Communications, Quova, and Efficient Frontier. Krozek spent 5 years as part of the executive team at Efficient Frontier, which was recently acquired by Adobe as part of their digital publishing suite. He holds a BA in Economics from the University of California at Santa Barbara and an MBA from Cornell University. "Flite has seen tremendous growth in 2011. We are continuing to develop strong relationships with our third-party partners to expand our FliteHub offering."
Flite is also pleased to announce the addition of Jeff Epstein to the Advisory Board. Epstein is the former Executive Vice President and Chief Financial Officer of Oracle, one of the world's largest technology companies. Prior to joining Oracle, Epstein served as Chief Financial Officer of DoubleClick (Google) and King World Productions (CBS). Currently, he is an Executive in Residence at Bessemer Venture Partners, a Senior Advisor at Oak Hill Capital Partners, and a member of the Board of Directors at Priceline.com. He holds a Bachelor of Arts from Yale College and an MBA from Stanford University.
Flite welcomes Matthew Yorke to the Advisory Board. Yorke is President of IDG Global Solutions where he is responsible for global sales, marketing, and client and agency relationships with IDG's largest technology vendor customers worldwide. Prior to his current role, Yorke was Senior Vice President of IDG Corporate Sales, and has worked in various sales and marketing roles for the past 15 years. Yorke served on the Board of Directors at BPA Worldwide for 6 years, and currently is on the Google Publishers Advisory Council representing IDG.
Flite is a cloud-based ad platform that enables marketers to improve brand recall and purchase intent by leveraging real-time content. The Flite platform of web based tools allows marketers to easily produce ads that express the power of their brand as effectively as their brand's own website. With Flite, marketers receive up to a 10x increase in ROI on their brand spend with ads developed in 1/10th the time. For more information, please visit www.flite.com.