Jason Nielsen Joins Proxibid as Vice President of Risk Management and Payments

Former PayPal and eBay Executive Appointed to Proxibid Team

OMAHA, Neb.--(BUSINESS WIRE)-- Proxibid, the world’s largest real auction marketplace, today announced that Jason Nielsen has joined the company as Vice President of Risk Management and Payments.In this role, Mr. Nielsen will be responsible for the oversight of the Company’s payments business, Auction Payment Network (APN), the management of risk for the entire company, and for a wide range of other strategic and operational tasks as necessary.

Mr. Nielsen comes to Proxibid as one of the nation’s foremost experts in online safety and risk management.He joins Proxibid from eBay (NASDAQ:EBAY), where he served as Vice President of North American Operations at PayPal, eBay’s payments division.Mr. Nielsen brings with him a long-tenured presence in operational and risk leadership, and has served as the driving force behind customer- and market-centric improvements and infrastructures credited with accelerating PayPal’s growth, while stabilizing operations practices.

“We are delighted to have an executive of Jason’s caliber join our team,” said Ryan Downs, President of Proxibid.“Jason has a level of expertise in risk management unmatched in our industry.Jason will help us deliver a higher level of service and support for our growing marketplace of buyers and sellers, and I am thrilled to have the opportunity to work with him once again.”

Mr. Nielsen is an expert in developing enhanced chargeback strategies, new-market risk practices, employee selection tools to maintain top performance, and morale-building measures to ensure employee retention during high-growth periods.

“I am looking forward to working with the Proxibid team to ensure secure and safe transactions within the Proxibid marketplace,” said Mr. Nielsen.“As the Company and the industry continue to grow, online security is paramount, and I am excited about the challenge of ensuring the most secure online marketplace in the industry.It’s also great to be back on a team with Ryan Downs.”

Mr. Nielsen holds a Bachelor of Science in Criminal Justice Administration from Bellevue University as well as several industry designations.He also serves as a board member and speaker for the American Heart Association, and serves on the boards of Great Western Bank, the City of La Vista Planning Commission Board, and Bellevue University.

Jason Nielsen on LinkedIn:http://www.linkedin.com/in/jasonnielsen

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About Proxibid

Omaha-based Proxibid brings auctioneers and bidders together for a world-class online auction experience.Since 2002, the Company has worked with more than 2,000 auctioneers to bring more than 23,000 auctions to a global, online audience.With registered bidders from more than 180 countries, no other provider in the industry connects more buyers and sellers than Proxibid.The Company’s proprietary live Internet bidding service and Web site were developed by auctioneers and industry-leading professionals to provide our bidders with the most user-friendly and comprehensive online auction experience possible.

Proxibid’s customer service and support is unmatched in the industry.The company’s toll-free support center is open before, during and after every live auction, and is staffed with bi-lingual auction specialists who assist both bidders and auctioneers.For more information about Proxibid:

Visit us online at www.proxibid.com

ProxibidDana Kaufman, 402-505-7776
[email protected]

Source: Proxibid