Shin Nagakura Appointed to PFSweb Board of Directors
24 Mai 2013 - 2:00PM
Business Wire
PFSweb, Inc. (Nasdaq: PFSW), an international provider of
end-to-end eCommerce solutions, today announced the appointment of
Shin Nagakura to the Company’s Board of Directors. In addition, the
Company announced that Timothy W. Murray, a non-employee Director,
is retiring from the Board. The changes are effective
immediately.
Mr. Nagakura is a Director of transcosmos inc. (TSE: 9715)
(“TCI”), a leading Japanese business process outsourcing company.
His appointment fulfills a condition of the strategic relationship
that TCI and PFSweb entered into on May 15, 2013, which states that
a TCI representative sit on PFSweb’s Board.
“Adding Mr. Nagakura to the Board is an important step in
building and maximizing our relationship with transcosmos,” said
Mike Willoughby, CEO of PFSweb. “His presence will help us execute
on our goal to become a truly global end-to-end multi-channel
eCommerce service provider. By combining our iCommerce solution
with TCI’s market capabilities, we will not only create
opportunities for PFSweb clients to enter the fast-growing Asian
market, but also drive revenue growth by providing eCommerce
services for Asian companies looking to expand into the U.S and
Europe.”
Based in TCI’s Silicon Valley office, Mr. Nagakura brings over
15 years of experience investing in and advising technologies
companies, including RealNetworks, Brightcove and AskJeeves. Prior
to TCI, Mr. Nagakura worked for ten years at Recruit Co. Ltd., a
leading Japanese publishing and Internet media and marketing
services company Mr. Nagakura also serves on the Board of Directors
of Merlin Information Systems, Ltd., an international provider of
high quality, personalized IT and customer support solutions, and
Become, Inc., a leader in electronic commerce and online comparison
shopping. He graduated from Sophia University in Tokyo in 1986 with
a B.A. in International Studies.
About PFSweb, Inc.
PFSweb is engaged by iconic brands to enable and manage
customized eCommerce and omni-channel commerce initiatives.
PFSweb’s iCommerce Hub(SM) technology ecosystem offers retailers a
multi-channel order management system that allows partner/client
data integration and international payment processing. PFSweb’s
iCommerce Professional Service(SM) provides interactive marketing
services, eCommerce web site development and support services, IT
development services, content management, customer intelligence and
relationship and account management services. PFSweb’s iCommerce
Centers of Excellence(SM) provides global fulfillment and
logistics, high-touch customer care, client financial services and
technology hosting.
Together, PFSweb’s iCommerce Solutions allow for international
reach and expertise in both direct-to-consumer and
business-to-business initiatives. PFSweb supports organizations
across multiple industries including Procter & Gamble, L’Oreal,
LEGO, Columbia Sportswear, Sorel, Carter’s, AAFES, Riverbed, Ricoh,
Hawker Beechcraft Corp, Roots Canada Ltd., Diageo, BCBGMAXAZRIA,
BCBGENERATION and HERVÉ LÉGER BY MAX AZRIA. PFSweb is headquartered
in Allen, TX with additional locations in Tennessee, Mississippi,
Canada, Belgium, and the Philippines.
To find out more about PFSweb (NASDAQ: PFSW), visit the
company’s website at http://www.PFSweb.com.
The matters discussed herein consist of forward-looking
information under the Private Securities Litigation Reform Act of
1995 and is subject to and involves risks and uncertainties, which
could cause actual results to differ materially from the
forward-looking information. PFSweb’s Annual Report on Form 10-K
for the year ended December 31, 2012 and Quarterly Report on Form
10-Q for the three months ended March 31, 2013 identify certain
factors that could cause actual results to differ materially from
those projected in any forward looking statements made and
investors are advised to review the Annual and Quarterly Reports of
the Company and the Risk Factors described therein. PFSweb
undertakes no obligation to update publicly any forward-looking
statement for any reason, even if new information becomes available
or other events occur in the future. There may be additional risks
that we do not currently view as material or that are not presently
known.
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