Rubicon Promotes Tim Hart to CEO
New position expands Hart's leadership role
ATLANTA, GA - May 28, 2010 - Rubicon, a leading provider of competitive market intelligence to the travel and hospitality industry, today announced that Tim Hart has been named Chief Executive Officer in addition to his current role as President of Rubicon, effective July 1, 2010. A veteran of the travel and hospitality industry, Hart has long been leading the innovation and technology behind the industry's market intelligence.
This expanded role for Hart includes focused attention on driving value to Rubicon's customers and shareholders. Hart will continue to oversee worldwide sales and business development, operations and support, product development and finance.
“Tim's promotion is part of our ongoing effort to bring the best skills possible to each position in the company,” said Rubicon Chairman Steve Swope. “Tim has a track record of exceeding expectations and always going beyond his role in the company to deliver more to our customers, staff and shareholders. His experience and travel industry knowledge make him exceptionally qualified to fill the role of Chief Executive Officer.”
“Over the past 12 years, Rubicon has served as a leader in the collection and distribution of travel industry market intelligence using future demand, pricing and distribution information,” Swope said. “Under Tim's leadership, Rubicon will take the next step in the application of business intelligence, and continue to transform their customers' performance.”
Hart was a co-founder of Rubicon in 1999 and has been a member of the board of directors since its inception. He has more than 25 years experience in consulting, designing and implementing advanced revenue management solutions for the travel and hospitality industry. He has had responsibility for the development and operation of Rubicon's revenue management and market intelligence reporting product lines, including the overall design for Rubicon's signature product, the MarketVision family of services.
Swope remains as Rubicon's Chairman of the Board and will focus on strategic initiatives and overall corporate direction.
About Rubicon®
Rubicon (www.RubiconGroup.com) offers the broadest and deepest collection of market insight in the travel industry today. A leading provider of competitive market intelligence, market analysis and revenue management products for the global travel industry, Rubicon integrates competitive market information into the business planning and revenue management practices of its customers. Its signature product, MarketVision®, offers a comprehensive suite of services that addresses market positioning in terms of price, demand and channel. Rubicon's publishing arm, IndustryIntel™, provides insights from the world's largest repository of future demand and cross-channel pricing data.
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