April 29, 2008 (Raleigh, NC) – Lulu.com, the premier online marketplace for digital content has added to its executive level team. Tim Albury has been named Chief Financial Officer, Jeff Kramer has been named Senior Vice President of Engineering and Technology Operations, and Florence Lively has been named Vice President of Human Resources.
Albury joins Lulu from KBI Biopharma, Inc. where he served as Vice President of Finance and CFO since 2004. Prior to KBI Biopharma, Albury held CFO positions at Ardent Pharmaceuticals and StartUpStreet.com, a web-based regional venture capital broker dealer. He spent the first 12 years of his career at the Miami and Research Triangle Park locations of the international accounting firm Arthur Andersen. Albury will be responsible for the Finance and Accounting departments.
Prior to joining Lulu, Kramer was the Vice President of Architecture and Technology at Motricity, where he launched the Cingular/AT&T MediaMall StoreFront, putting Motricity on the map as a key player in the wireless world. For the past seven years, he has worked for Motricity and its predecessor company, Pinpoint Networks, starting as the Vice President of Engineering and Operations. Kramer heads the Engineering, Creative Services and Project Management departments.
Lively is a Senior Human Resources Executive whose extensive domestic and global experience in multiple industries will help Lulu to recruit, retain and develop top talent across the company. Before joining Lulu, Lively was Senior Director of Human Resources at Red Hat. Prior to that, she was a global Human Resources leader with British conglomerate Invensys. Lively will oversee the Human Resources department at Lulu.
“This is indicative of a period of strong growth and progress at Lulu.com,” says Bryce Boothby, President and COO of Lulu Enterprises. “The combined experience and professional insights of these three extremely talented executives are strong assets as we look toward the future. This signals a new and exciting stage for Lulu.”
Lulu, a privately held company, was launched in 2002 and allows creators to publish both contextual- based and multimedia content in a variety of applications. Lulu has 1.3 million registered users and receives more than three million unique visitors per month between its global sites. Lulu users currently publish more than four thousand new pieces of content – books, video, calendars, music-each week and is growing rapidly with nearly 15,000 new registrations per week. As a marketplace, Lulu has paid out millions of dollars in creator earnings.
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