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Webxu Announces Appointment of Michael Thorson to Board of Directors(December 06, 2011)
LOS ANGELES, CA -- (Marketwire) -- 12/06/11 -- Webxu, Inc. (OTCBB: WBXU) is a media company that owns and operates consumer branded web properties focused on Customer Acquisition, E-Commerce and Social Media. Today Webxu announces the appointment of Michael Thorson to the Board of Directors.
Matt Hill, Webxu CEO, said, "We are pleased to welcome Michael Thorson to our Board of Directors. Michael brings to Webxu a wealth of knowledge in both the financial industry and the public market."
Mr. Thorson is the Founder and Managing Director of Inventure Capital, a multi-strategy investment firm that focuses on global macro trading strategies, distressed real estate opportunities, and early stage entrepreneurial investments. Prior to Inventure, Mr. Thorson was the President of Banc of America Securities - Japan in Tokyo, and most recently head of the European Rates, Currencies and Commodities platform at Bank of America in London. He also held senior positions at Soros Funds Limited and Bankers Trust Company. Mr. Thorson holds a BS in Economics with a concentration in Electrical Engineering from the United States Military Academy at West Point, and a Master's Degree from Brasenose College, Oxford University as a Marshall Scholar. Mr. Thorson served as a Lieutenant of Infantry in the US Army.
"I am excited to join the Webxu Board," Thorson said. "Webxu's recent accomplishments display key examples of their strategic plan to capitalize on the current opportunities in the Digital Media industry."
About Webxu, Inc.
Webxu, Inc. (OTCBB: WBXU) is a media company that owns and operates consumer branded web properties focused on Customer Acquisition, E-Commerce and Social Media. Through its portfolio of web properties, Webxu connects consumers with financial services, insurance, higher education, electronics and other offerings. Webxu is headquartered in Los Angeles, CA. For more information about Webxu visit http://www.webxu.com.
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