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EcommerceBytes-NewsFlash, Number 4106 - May 19, 2017 - ISSN 1539-5065    2 of 3

Proxibid Auction Platform Hires Overstock.com Exec

By Company-Issued Press Release
EcommerceBytes.com
May 19, 2017




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Proxibid has hired Damon Peters away from Overstock.com where he had served most recently as Vice President of Marketing. The auction platform company named Peters its new Chief Marketing Officer responsible for establishing its strategy and brand direction.

Proxibid issued the following press release:

Proxibid, the most trusted way to connect buyers and sellers of highly valued items, announced (earlier this month) that Damon Peters has been appointed Chief Marketing Officer. Damon joins Proxibid from Overstock.com where he served most recently as Vice President of Marketing. In his new role, he will be will be responsible for establishing the strategic growth and brand direction for Proxibid.

"Damon has a proven track record in driving marketing strategy, growing businesses, and leading high-performing teams to success," said Ryan Downs, President and CEO of Proxibid. "His experience across marketing disciplines, and from start-up to large enterprises, makes him an excellent addition to our leadership team. Damon will help us build on our success as a leading online platform, as we continue to meet the demands of customers and execute strategies to drive shareholder value."

Most recently, as Vice President of Marketing for Overstock.com, Damon oversaw the company's digital marketing business. Damon was a nine-year veteran of the company and drove growth within the merchandising and marketing departments, including content strategy and new business development.

"I'm very excited to join this team," said Peters. "Of all the companies I've worked with over the years, I haven't been this impressed with a management group in quite some time. We have an opportunity to do exciting things in this space, some things I don't believe have been done before. High-value assets require precise connections between buyer and seller. Proxibid has been the best for sixteen years, and I couldn't be more proud to join this team."

Proxibid offers the industry's most trusted online platform, enabling buyers and sellers to transact using four flexible sales methods: live auction, online-only (timed) auction, buy now, or make offer. Proxibid offers inventory across 15 categories, representing all major inventory classes. All purchases on Proxibid are backed by the company's sophisticated risk management system, designed to ensure buyers and sellers are safe when transacting online.

About Proxibid
Proxibid provides auction companies and asset owners with access to the most trusted way to buy and sell highly valued items online. More than $4 billion in inventory passes through the Proxibid platform annually via live and timed auctions, and Buy Now and Make Offer transactions, across 15 categories including: heavy equipment, industrial machinery, real estate, fine art, antiques and collectibles, and more. Founded in 2001, Proxibid is headquartered in Omaha, NE with offices in South Sioux City, NE and London.

Source: Proxibid Press Release


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