[May 26, 2015] |
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Xoom Announces Appointment of Chris Shimojima to Board of Directors
Xoom Corporation (NASDAQ: XOOM), a leading digital money transfer
provider, today announced the appointment of Chris Shimojima to its
Board of Directors. Mr. Shimojima will join as an independent board
member and will serve on the Compensation and Nominating and Corporate
Governance committees of the board.
"Chris' deep experience in direct-to-consumer marketing, strategic brand
building and as CEO of a highly-competitive ecommerce business make him
an excellent fit for our company and for our Board of Directors," said
John Kunze, president and chief executive officer, Xoom. "As our company
matures, we are looking for our board composition to reflect that, and
his track record of successfully expanding a large, multi-regional
ecommerce business will be extremely valuable as Xoom continues on its
growth trajectory."
Mr. Shimojima spent three years as Chief Executive Officer of Provide
Commerce, Inc., a floral and gifting e-commerce retailer that was
acquired by FTD Companies, Inc., with a mandate to accelerate growth of
the company by shifting the business model from transactional to
customer-centric. From November 2006 to Marh 2012, he served as Vice
President of Global E-Commerce at Nike, Inc., and during his tenure,
Nike.com increased five-fold. While at Nike, he innovated the shopping
experience through direct-to-consumer relationships and introduced an
operating culture that emphasized KPIs and customer analytics in the
decision-making process. Prior to Nike, he played the role of chief
marketing officer and business leader for companies including Sears
Holding Company, AT&T (News - Alert) and Pepsi-Cola Company.
Mr. Shimojima holds a Bachelor of Arts degree in International Affairs
from the University of Colorado, Boulder, and a Master of Business
Administration degree from the University of Chicago.
"Xoom is revolutionizing the way people send money cross-border, and I
am excited to work in an analytics-driven culture where the customer is
central to all aspects of the business," said Mr. Shimojima. "I believe
there is a lot of room for growth and look forward to supporting Xoom in
its efforts to increase penetration in existing and new corridors,
expand adjacent services and innovate its technology platform."
About Xoom
Xoom is a leading digital money transfer provider that enables consumers
to send money to and pay bills for family and friends around the world
in a secure, fast and cost-effective way, using their mobile phone,
tablet or computer. During the 12 months ended March 31, 2015, Xoom's
more than 1.3 million active customers sent approximately $7.0 billion
with Xoom. The company is headquartered in San Francisco and can be
found online at www.xoom.com.
(Xoom-f)
View source version on businesswire.com: http://www.businesswire.com/news/home/20150526006027/en/
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