Next Jump, Inc.’s Key New Hires Build Strong Foundation for Future Growth

Former Google, Yahoo! and Wall Street Execs Join Stellar Leadership Team

NEW YORK--(BUSINESS WIRE)-- Quickly and quietly becoming the number one buying club in America, Next Jump, Inc. (www.nextjump.com), today announced the appointment of Angus Kelsall as Chief Financial Officer and Andrew Beranbom as Chief Social Officer, VP of Products – the most recent key hires this year. The expansion of the executive team, commitment to create a 100 person San Francisco office, and recent acquisitions highlight and accelerate the company’s leadership in combining loyalty rewards with premium merchant offers.

“We reward merchant loyalty by bringing them the best consumers and reward consumers by bringing them the best offers. Simply put, loyalty pays. Over 95 percent of our merchants re-run offers, and 80 percent of consumers shop with us again,” said Charlie Kim, CEO and founder of Next Jump. “Cracking that code means we’re heading into a growth period that will require a leader like Angus to manage our financial team. He’s overseen key growth periods for huge companies, and is already helping us meet business goals.”

Kelsall brings more than a decade of executive financial planning and leadership to the position, including the role of founding Chairman and Controller of Google’s EMEA headquarters where he grew revenues to more than $6 billion. He also served as Google’s Mergers & Acquisitions director, creating the M&A Finance Team and successfully managing the company’s DoubleClick acquisition. Most recently, as CFO for IDS Scheer Americas, he restructured the business to turn formerly loss-making countries profitable.

Beranbom brings almost 14 years of online marketing experience, starting at Yahoo! where he served in key product management positions at Yahoo! Shopping and Yahoo! Travel. Beranbom then joined Adteractive where he delivered millions of new customers to Netflix, Citibank, and other key clients. That experience drove Beranbom to co-found both TellAPal and Extole, which deliver the SAAS customer engagement platform used by many of the IR500 use today to take advantage of the growing power of social media.

The appointment of Kelsall and Beranbom reflects the rapid growth of Next Jump’s executive and management teams, which recently added Matthew Biben as General Counsel and Chief Administrative Officer, and Sandeep Gupta as Vice President of Mobile Engineering.

Biben, formerly Executive Vice President and Deputy General Counsel of The Bank of New York Mellon, joined last summer to focus on building the operations and legal infrastructure to support Next Jump’s cutting-edge approach to Internet marketing in preparation for a possible IPO. Gupta, most recently the engineer leading Yahoo’s mobile app development, also worked at Apple on the iPod. His April 2010 hire kicked off a big mobile push for Next Jump, which culminated in its holiday launch of its OO on the Go.

“As a finance guy, I’m all about the numbers, and Next Jump has a great, sustainable model that I expect will springboard in the future,” said Kelsall. “I’m thrilled to be part of the team – which leverages the largest and most powerful database for consumer shopping to benefit both shoppers and merchants. And it’s flattering! Charlie and his team reject more than 100 candidates for every pair of us they hire.”

Biben, Gupta and Kelsall join a core leadership team – including Chief Engineer Tom Fuller and Meghan Messenger, head of Merchant Services – that has grown the business from the ground up and have been working together for over a decade. In particular, Fuller has been instrumental in growing Next Jump’s engineering cadre, making it a top destination for East Coast computer science engineers, while Messenger has built Next Jump’s network of loyal merchant partners.

In addition, the recent acquisition of FlightCaster solidified Next Jump’s leadership position in the travel channel and signaled the company’s intention to create a substantial presence in the Bay Area.

The numbers tell the story. Next Jump’s been quietly building an industry giant, with:

• 90,000 distribution partners
• 30,000 merchants
• Combined user base of 700 million shoppers
• User base from 70 percent of Fortune 500 companies

About Next Jump

Next Jump is quickly becoming the #1 Buying Club in America, aggregating 90,000 B2B networks that have a combined reach of over 700MM eligible users. Next Jump’s advantage is superior technology and a unique data set built over a decade – matching the best consumers to merchants, and the best offers to consumers. Next Jump creates consumer and merchant relationships using three core products: a highly personalized CRM engine, an online consumer commerce platform, and a merchant analytics portal. For our 30,000 merchant partners and millions of engaged consumers, loyalty pays. Next Jump has offices in New York City, Cambridge, Massachusetts and London, U.K and is in the process of opening San Francisco. For more information on Next Jump visit WWW.NEXTJUMP.COM.

Next Jump, Inc.Matthew Biben, 212-685-7101
[email protected]

Source: Next Jump