SOURCE: Auction.com

Auction.com

September 04, 2014 12:00 ET

Kevin Johnson Joins the Auction.com Board of Directors

Retired Juniper Networks CEO and Former Microsoft Executive Also Serves on the Board for Starbucks Coffee Company

IRVINE, CA and SILICON VALLEY, CA--(Marketwired - September 04, 2014) - Auction.com, LLC, the nation's leading online real estate marketplace, has added retired Juniper Networks' CEO and former Microsoft executive Kevin Johnson to its board of directors. Johnson is the most recent high-profile addition to the Auction.com board, joining Jeff Epstein, ex-Oracle and DoubleClick chief financial officer, and current managing partner at Bessemer Venture Partners.

Recognized for his leadership, expertise and vision, Johnson has served as director on the board of Starbucks Coffee Company since 2009 and held board positions with non-profit organizations focusing on technology and women's career advancement. "Kevin understands what it takes to be both an industry and a technology leader, something that is key to Auction.com as we harness the power of the Internet to change the way real estate is transacted," said Jeff Frieden, CEO and co-founder of Auction.com.

"Kevin is a tremendously insightful business executive and board member with a proven track record in building highly scalable organizations," said Jake Seid, president of Auction.com. "We are eager to tap into Kevin's experience and insights as we enter the next phase of growth as the nation's leading online real estate marketplace."

"Auction.com has been successful in moving real estate transactions online, effectively leveraging technology to challenge traditional methods of doing business," said Johnson. "I'm excited to work with this company as it continues to prove to buyers, sellers and the entire real estate industry the benefits of an open, interactive marketplace."

Johnson retired from Juniper Networks in January 2014, having served as the company's CEO and a member of its board of directors for over five years. During his tenure at Juniper, revenue grew from $2.8 billion in 2007 to $4.6 billion in 2013 through innovative products and a more diversified customer base. Prior to his work at Juniper, Johnson held a range of executive positions at Microsoft Corporation, including group vice president of worldwide sales, marketing and services, and eventually serving as president of the company's platforms division, where he was responsible for the Windows and online services businesses.

In 2008, Johnson was appointed by President George W. Bush to the National Security Telecommunications Advisory Committee (NSTAC) where he served both Presidents Bush and Barack Obama through 2013.

Auction.com, LLC, is the nation's leading online real estate marketplace. Founded in 2007, the company has sold over $26 billion in residential and commercial real estate assets. Auction.com has over 900 employees and headquarters in Irvine and Silicon Valley, California as well as offices in Austin and Plano, Texas, Atlanta, Denver, and Miami. Visit www.auction.com for more information.

Editorial note: All trademarks and trade names held within are the property of their respective owners.

The following files are available for download:

Contact Information