August 07, 2008
Seatwave, Europe’s largest fan-to-fan ticket exchange, announces that it has appointed Richard Hurd-Wood as Chief Operating Officer, and UK Managing Director, reporting directly into Founder and CEO of Seatwave, Joe Cohen. The appointment takes place with immediate effect.
In his new position, Richard will have responsibility for Operations, Product and Technology at Seatwave, in addition to taking over direct report for the UK Profit & Loss Account.
Richard has spent the past six years at Camelot (the National Lottery), where he built and led their successful online business and subsequently led the successful bid for Camelot’s third National Lottery License. He has previously held roles at Dell, AOL and several other leading consumer technology companies.
Richard-Hurd Wood said:
“Seatwave has put in place an innovative and internationally popular ticketing alterative that has achieved significant growth across all its business areas. I look forward to working closely with them to ensure we continue to deliver on that and more.”
Commenting on this appointment, Joe Cohen, Founder and Chief Executive of Seatwave, said:
“Richard is an accomplished leader who has demonstrated an ability to grow large consumer businesses in complex industries. He joins us at a critical stage in our development as Seatwave moves towards becoming a mainstream service for consumers across Europe.
Richard\'s experience in building platforms at Camelot and Dell will help guide our objective of offering piece of mind and a true marketplace for millions of fans seeking to buy and sell event tickets.”
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For further information please contact
Louise Rutter / Wendy Timmons
Portland PR
T. 020 7842 0135
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Notes for editors
Seatwave recently announced the Appointment of Marty Pompadur, Chairman of News Corp Europe, as a Non-Executive Director.
Seatwave recently announced the appointment of Aksel van der Wal as Chief Financial Officer, who moved from Vodafone, and the securing of $25 million in Series C Funding in an exercise led by Fidelity Ventures, which included existing investors Atlas Ventures, Mangrove Capital Partners and Adinvest.
The $25 million injection of funding came as Seatwave cemented its leadership position in the European secondary ticketing market, demonstrated by having over 250,000 tickets available for sale at any one time and being the most-trafficked ticket exchange website in Europe. In 2007, Seatwave customers listed more than 1.7 million tickets for events in no less than 38 countries on its site. Seatwave launched ticket exchanges in Germany, Holland, Spain and Italy during the last quarter of 2007.
The company has expanded rapidly by offering fans of live events a secure and transparent environment in which to buy and sell tickets. Its strong customer protection measures have also attracted a host of partners including Grand Union Management, MSN, Time Out, Associated Newspapers, Leonard Cohen, Virgin Media, the Kaiser Chiefs, London Irish Rugby Club, and Channelfly among many others.
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