SimpleTuition, Inc., a company dedicated to helping students and parents make sense of education financing choices, today announced that Scott Savitz has joined the company's Board of Directors. Mr. Savitz is the founder and CEO of Shoebuy.com, the largest retailer on the Internet focused on all categories of footwear and related apparel. Shoebuy.com is now a subsidiary of IAC/Interactive Corp. (Nasdaq: IACI).
NEWTON, Mass. (Business Wire EON) December 3, 2007 --
SimpleTuition, Inc., a
company dedicated to helping students and parents make sense of
education financing choices, today announced that Scott Savitz has
joined the company’s Board of Directors. Mr.
Savitz is the founder and CEO of Shoebuy.com, the largest retailer on
the Internet focused on all categories of footwear and related apparel.
Shoebuy.com is now a subsidiary of IAC/Interactive Corp. (Nasdaq: IACI).
Mr. Savitz joins existing board members Kevin Walker, CEO of
SimpleTuition; Eric Hjerpe, partner, Atlas Venture; Jeff Bussgang,
general partner, IDG Ventures; and Ralph James, executive director of
Executive Education at Harvard Business School. Each board member brings
valuable perspective and a wealth of experience to the SimpleTuition
team.
“Scott’s background
in Internet retailing, financial services and marketing makes him an
ideal addition to the board,” said Kevin
Walker, CEO, SimpleTuition, Inc. “His
expertise will be invaluable as SimpleTuition continues to grow its
business and presence in the education financing marketplace.”
Prior to founding Shoebuy.com, Mr. Savitz was a director at BancBoston
Robertson Stephens, and a loan originator with Advantage Mortgage. Prior
to that, Mr. Savitz developed and managed a full service marketing
company specializing in direct mail, telemarketing, and list maintenance.
About SimpleTuition, Inc.
Founded in 2005, SimpleTuition is dedicated to helping students and
parents make sense of education financing options. SimpleTuition offers
the leading independent and interactive solution for researching and
comparing over 100 private, PLUS, Stafford, GradPLUS and Federal
Consolidation loans from more than 45 lenders. The site has been
recently featured on Kiplinger’s Best
List as the best financial services website for student loans and as one
of Fast Company’s Top 12 Web 2.0 sites.
The company also holds awards for exceptional website development from
the Interactive Media Council and the Web Marketing Association.
SimpleTuition is headquartered in Newton, Massachusetts and is funded by
Atlas Venture, IDG Ventures Boston and North Hill Ventures. For more
information, visit www.SimpleTuition.com.
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