Business News
ThisNext Appoints Scott Morrow CEO
2008-08-13 09:30:00
Company-builder drives ThisNext business growth
LOS ANGELES, Aug. 13 /EMWNews/ -- Social shopping site ThisNext
(http://www.ThisNext.com) today announced the promotion of Scott Morrow
from President to Chief Executive Officer. He joined ThisNext in September
'07 with a winning track record for such giants as IAC/Citysearch and CNET,
and his rise to CEO reflects the rapid, organic growth of all aspects of
ThisNext's business.
ThisNext, the social shopping site where people explore, discover and
rave about the hottest products, has grown 154 percent in unique visitors
under Morrow's leadership.
"From day one, my role has been to plan, justify and determine the
right time to build the company," explained Co-Founder and initial CEO
Gordon Gould. "I chose Scott to lead ThisNext as CEO because of his
business acumen and proven leadership in constructing successful brands."
Gould will actively continue as Executive Chairman and a public face
for ThisNext, while Morrow takes the helm as lead on day-to-day operations.
The new CEO's vision for the company is to create a global consumer brand
based on guided product discovery. ThisNext is expanding exponentially from
new members and a corporate partnership program to its new location on the
Santa Monica promenade.
"ThisNext is uniquely positioned to lead the emergence of social
shopping as a global phenomenon," said Morrow. "We're expanding an
executive team to scale our business as we focus on market leadership and
rapid growth on all fronts."
Morrow has a strong background in identifying and developing emerging
businesses and building brand recognition. Morrow was Executive Vice
President, Product and Marketing with IAC/Citysearch, where he repositioned
the brand and successfully launched merchant and consumer sites, including
integrated video.
Previously, he was Vice President of Marketing and Sales for CNET.
There, Morrow built Download.com into an online consumer force. He led a
shift in business models that enjoyed a 400 percent increase in revenue
while holding onto a 70 percent operating margin.
Morrow, who holds a Bachelor of Arts in Economics from the University
of Tennessee, earned his MBA from the Kellogg School of Management at
Northwestern University.
About ThisNext
Founded in 2006, ThisNext is a social shopping network where people
interact with community validated taste makers and influencers to discover
recommended products. Reaching 2.2 million visitors each month, ThisNext
has become the place to find and experience the hottest, most unique
products on the Web. ThisNext is funded by Anthem Venture Partners and
Clearstone Ventures Partners and is redefining online commerce as a genuine
social shopping experience. For more information, log on to ThisNext.com.
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