GiftCertificates.com, a leading online marketplace for gift certificates and a provider of technologies and services, announced that Michael Ahern has been named chief executive officer. He will be succeeding the company’s founder, Jonas Lee, who will assume the position of vice chairman of the company’s board. These appointments are effective immediately.
“It has given me great pride to see GiftCertificates.com grow from an idea into a company with over 300 talented people and hundreds of thousands of consumers and businesses that use our services,” said Jonas Lee, vice chairman of the board. “With Mike’s leadership ability and execution experience, I am confident that the company will have the right guidance to ensure its continued success.”
“GiftCertificates.com has achieved a great formula for success in offering gifts to consumers and is in a very favorable position to capitalize on the trend toward businesses offering gift certificates for rewards, incentives and promotions,” said Michael Ahern, CEO of GiftCertificates.com. “I look forward to continuing to work with our management team to successfully deliver on our plans.”
Ahern assumes the day-to-day responsibilities of CEO from Lee who moves into an active advisory position as vice chairman of the board. He will be working closely with recently named chairman of the board, William Ackman, in addition to pursuing new entrepreneurial interests.
Ahern most recently served as the company’s chief operating officer with responsibility for directing all internal operations and overseeing all aspects of technology and product development for the company. He joined GiftCertificates.com after the company’s May 2000 acquisition of GiftSpot.com, where he had been co-founder, president and CEO. Previously, Ahern was an executive at Microsoft Corporation where he held various management positions and served as group project manager for Microsoft’s $350 million Project Management product line, as well as Microsoft NetShow, Commerce Server and SiteServer. Before his tenure at Microsoft, Ahern was a founding member of Autodesk’s Multimedia Division serving as product manager for Animator, 3D Studio and AutoCAD.
Established in 1997, GiftCertificates.com(TM) is a leading Internet marketplace for gift certificates and a provider of related technologies and services. The company offers physical and emailable gift certificates for employee incentives, customer loyalty programs, marketing promotions, and consumer gifts. GiftCertificates.com also provides turn-key solutions that allow merchants of all sizes to outsource their physical and emailable gift certificate fulfillment requirements. The company represents more than 500 merchants, including luxury retailers like CHANEL, Neiman Marcus, and Tourneau; national retailers like Barnes & Noble, Bloomingdale’s, Brooks Brothers, Crate and Barrel, Macy’s, and The Sharper Image; travel-related services like American Airlines(R) and Marriott Hotels, Resorts and Suites; and popular restaurants like the Palm, McCormick & Schmick’s, Benihana, and T.G.I. Fridays(R). The company also offers the SuperCertificate(TM), a flexible gift certificate that can be redeemed at GiftCertificates.com for original gift certificates to 100’s of participating merchants. For more information, visit [www.GiftCertificates.com].