Former CFO of Glam Media and Shutterfly Brings More Than 30 Years of E-Commerce and Advertising Experience to Delivery Agent
SAN FRANCISCO – June 7, 2010 – Delivery Agent, Inc., the leader in shopping enabled entertainment, today announced that Stephen Recht has been appointed chief financial officer. Recht most recently served as CFO of Glam Media where he helped the company solidify its position as the Internet’s top digital media vertical network. At Delivery Agent, which powers commerce for major media companies including ABC, CBS, NBC Universal, Twentieth Century Fox, A&E Television Networks and Discovery Communications, Recht will be responsible for driving and managing the company’s global corporate financial strategy.
Recht brings to Delivery Agent more than 30 years of experience in operations and finance, having served as CFO for three different public companies and several private companies. He has completed two IPOs, one public secondary offering and numerous venture financings and mergers and acquisitions.
Prior to his position at GlamMedia, Recht was CFO at Shutterfly where he helped deliver a compounded annual growth rate of more than 50% from 2003-2007. He prepared the company and took it through a successful IPO in 2006. His other experience includes stints at SkyStream Networks, Brience, Allegis and NetGravity/DoubleClick.
“Delivery Agent is in fast-growth mode now and Steve is the right person at the right time,” said Mike Fitzsimmons, Delivery Agent CEO. “He’s expert at making strategic investments and building economic business models, and brings the extra bonus of having worked with leading public companies in two key areas of focus for Delivery Agent: e-commerce and interactive advertising.”
“Delivery Agent’s exclusive relationships with all of the top media companies and its vision to make entertainment programming shoppable in every form possible, including online, TV, mobile and whatever’s next, is an unbeatable formula for success and I look forward to contributing to it,” said Recht.
Recht’s early career includes financial roles at Peat Marwick/KPMG, Itel, Sierra Capital and ViewStar. He earned his bachelor’s degree in economics from Stanford University and an MBA from the Wharton School at the University of Pennsylvania.
About Delivery Agent, Inc.
Delivery Agent, Inc., named #1 Privately Held Media Company by Inc. Magazine and #3 on the Deloitte & Touche Silicon Valley Technology Fast 50, is the leader in shopping-enabled programming and content monetization for more than 200 entertainment properties from major media companies including ABC, CBS, NBC Universal, Twentieth Century Fox, Discovery Communications, A&E Television Networks, HBO, MTV Networks, Martha Stewart Living Omnimedia, Univision Communications and The Weinstein Company, as well as for sports organizations including FIFA, the Boston Celtics and UFC. Delivery Agent created the market for shopping-enabled programming by redefining how products tied to entertainment are cataloged, merchandised and sold online. With offices in San Francisco, New York, Los Angeles and London, Delivery Agent deploys its technology platform, including e-commerce applications, video and mobile products, and interactive advertising solutions to create profitable connections between entertainment content, consumers and brands. More information about Delivery Agent is available at www.deliveryagent.com.
Contacts
Kim Marder
Delivery Agent
T +1(415)728-9602
press@deliveryagent.com
Darcy Provo for Delivery Agent
T +1(415)871-1731
press@deliveryagent.com









