DGAP-News: Merchant Risk Council /
MRC Board of Directors Appoints Global Executive as New CEO
15.01.2014 / 14:00
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SEATTLE, 2014-01-15 14:00 CET (GLOBE NEWSWIRE) --
The MRC board of directors today announced that interim CEO Tom Sullivan will
be succeeded by Joe O'Konek as its new chief executive officer.
A photo accompanying this release is available at
http://www.globenewswire.com/newsroom/prs/?pkgid=23062
'We are excited to have Joe lead the MRC,' said Rossini Zumwalt, chairwoman of
the board of directors. 'Like most young and growing trade associations, our
leadership needs have evolved. Joe's more than 20 years of C-suite executive
level experience is exactly what we need to strategically position and grow the
MRC in 2014 and beyond.'
Joe is an innovative leader with proven results in strategy, marketing,
business development and operations. The majority of his career has been spent
in wireless/mobility and he has worked globally from Helsinki, Finland to
Taipei, Taiwan. Most recently, Joe was the CEO of CSL, LTD., a subsidiary of
Telstra, in Hong Kong. Previously, Joe held positions as the executive vice
president of 3SNetworks, vice president and global head at Nokia Siemens
Networks, and COO and interim CFO at Singlestep Technologies. Joe has also
served in senior executive positions at AT&T Wireless, Far Eastone
Telecommunications, Co., Ltd., PrimeCo Personal Communications, L.P., and
EuroTel Praha.
'We were really looking for someone to take the organization to the next level
as we expand into the mobile era,' said Tom Sullivan, interim CEO and
co-founder of the MRC. 'We reviewed scores of applicants and Joe's leadership
profile not only met but exceeded the board's needs far more than any other
candidate.'
'I am proud to join the MRC and humbled to lead a merchant community of global
leading brands,' said Joe. 'Our membership represents the who's who of the
ecommerce and epayments world; they securely handle billions of transactions
daily touching the lives and pocketbooks of hundreds of millions of consumers.
The rapid advancement of mobile commerce and payments along with the
development of virtual currencies places the MRC truly at the heart of commerce
for everyone, everywhere.'
ABOUT THE MRC: The MRC is the foremost global not for profit organization that
fully supports and promotes operational excellence for fraud, payments and risk
professionals within ecommerce. Membership includes nearly 400 of the world's
most prominent merchants, to include 95 percent of the top 20 ecommerce
companies in the world, over 82 percent of the top 50 and over 60 percent of
the top 100, and more than 60 category leading solution providers. MRC members
report 45% less revenue loss due to fraud than non-members, experience more
than 50% less manual reviews and boast 50% less fraud related chargebacks.
Headquartered in Seattle, Washington, the MRC's European office is located in
Madrid, Spain. Learn more at www.merchantriskcouncil.org.
CONTACT: MEDIA CONTACT: Steven ManduranoTELEPHONE: +1 206.364.2789 ext.
117EMAIL: steven@merchantriskcouncil.org
News Source: NASDAQ OMX
End of Corporate News
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Language: English
Company: Merchant Risk Council
United States
End of News DGAP News-Service
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248135 15.01.2014
DGAP-News: MRC Board of Directors Appoints Global Executive as New CEO
| Source: EQS Group AG