NEW YORK, Sept. 18 /PRNewswire-FirstCall/ -- Bankrate, Inc. announced today that it has appointed Donaldson M. Ross as Senior Vice President and Chief Revenue Officer to replace Richard Stalzer, who is leaving Bankrate to take a new position at Interactive Corp. Bankrate also announced that Michael Ricciardelli has joined the company as Vice President, Marketing, a newly-created position. Mr. Ross will work in the Company's New York office and Mr. Ricciardelli will work in Bankrate's Chicago office. Both appointments are effective immediately.
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"Don Ross has over twenty highly-successful years in print and Internet advertising sales management," said Thomas R. Evans, President and CEO of Bankrate, Inc. "I worked personally with Don for 10 years at U.S. News & World Report, so I know first hand that his skill-set, experience and drive is a perfect match for Bankrate," added Mr. Evans.
"We have created a new consumer marketing position at Bankrate for Mike Ricciardelli," said Mr. Evans. "Mike, who joins Bankrate from Apartments.com/Classified Ventures, will leverage his considerable talent and experience to broadening our consumer outreach across all of Bankrate's media properties," said Mr. Evans.
Prior to joining Bankrate, Don Ross was Senior Vice President - Sales & Marketing for Harris Connect the foremost leader in affinity marketing for the directory, internet and data services business in the education and association market place. Earlier in his career, Mr. Ross held an executive management position at zUniversity.com. Mr. Ross also worked at U.S. News & World Report in various media sales and sales management positions for 11 years where he rose to the position of Vice President of Advertising Sales.
Before joining Bankrate, Mr. Ricciardelli was Vice President, Marketing & Media Sales at Apartments.com/Classified Ventures where he managed all marketing and online advertising sales efforts. Previously, Mr. Ricciardelli was Co-Founder and Vice President of Strategic Development for Insurance.com, founded in 1999 and sold in 2003 to Comparison Market.
About Bankrate, Inc.
Bankrate, Inc. ("Bankrate") owns and operates Bankrate.com, a leading Internet consumer banking marketplace. Bankrate.com is a destination site of personal finance channels, including banking, investing, taxes, debt management and college finance. Bankrate is the leading aggregator of more than 300 financial products, including mortgages, credit cards, new and used auto loans, money market accounts and CDs, checking and ATM fees, home equity loans and online banking fees. Bankrate reviews more than 4,800 financial institutions in 575 markets in 50 states. In 2005, Bankrate.com had over 46 million unique visitors. Bankrate provides financial applications and information to a network of more than 75 partners, including Yahoo! , America Online , The Wall Street Journal and The New York Times . Bankrate's information is also distributed through more than 400 national and state publications. In addition to Bankrate.com, Bankrate also owns and operates FastFind, an internet lead aggregator and Mortgage Market Information Services, Inc. and Interest.com, Inc., each of which publishes mortgage guides and financial rates and information.
For more information contact:
Bruce J. Zanca
SVP, Chief Marketing and Communications Officer
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