Former Shopping.com CEO and eBay executive with deep ecommerce, marketing and advertising expertise set to position LivingSocial for growth in evolving market

WASHINGTON - Wednesday, July 16th 2014 [ME NewsWire]

(BUSINESS WIRE)-- LivingSocial today announced that Gautam Thakar will be joining the company as its new Chief Executive Officer and President. He will assume the role previously held by Tim O’Shaughnessy, who announced earlier this year his intention to step down.

“We knew we wanted a new CEO with the ability to drive the business forward with energy, vision and deep ecommerce knowledge. The Board and I met with a number of exceptional candidates, and we all believe that Gautam is the perfect fit for the future of LivingSocial,” stated O’Shaughnessy.

Thakar joins LivingSocial from eBay Inc., where he has spent over a decade in general management and leadership roles. As CEO of Shopping.com (an eBay acquisition), he dro ... Read more »

SANTA CLARA, Calif. - Monday, July 14th 2014 [ME NewsWire]

(BUSINESS WIRE)-- eASIC Corporation, a leading provider of Single Mask Adaptable ASIC™ devices today announced the appointment of Ron Jankov to the company’s Board of Directors. Mr. Jankov was recently Senior Vice President and General Manager of Processors and Wireless Infrastructure at Broadcom Corporation. Prior to Broadcom, Mr. Jankov was the president and CEO of NetLogic Microsystems Inc, where he led the company from its pre-revenue stage to an IPO (initial public offering) and later sold to Broadcom Corporation for $3.7 billion.

"Ron’s demonstrated ability to successfully build and grow companies makes him a tremendous addition to our board of directors,” said Ronnie Vasishta, president and CEO at eASIC Corporation. “His ability to innovate in both technology and business will be extremely valuable as we build on our market expansion and aggressive growth ramp.” ... Read more »

FARNBOROUGH, England - Tuesday, July 15th 2014 [ME NewsWire]

(BUSINESS WIRE)-- SMBC Aviation Capital, the world’s third largest aircraft lessor, announces that it has placed a firm order with Airbus for 110 A320neo aircraft and five A320ceo aircraft in a deal worth around $11.8bn at list prices.

The deal is the largest single-aisle aircraft order ever placed by a lessor and the largest aircraft order of any kind by a Japanese-owned lessor. As part of the order, SMBC Aviation Capital has options to convert the majority of the A320neo aircraft and all of the A320ceo aircraft into the A321 variants. The company will announce its engines selection at a later date.

Commenting on the deal, Peter Barrett, CEO of SMBC Aviation Capital, said: “This is a landmark order for SMBC Aviation Capital and indeed for the wider aircraft leasing industry, and I am delighted to be continuing the close and long-standing relationship that our business enjoys with Airbus ... Read more »