What Happened?
Hoboken, NJ-based Jet Appointed Marc Lore as Chief Executive Officer
About the Company
Jet will reinvent the shopping club when we launch in early 2015. For $49.99/ a year, members will have access to millions of items, from clothes, books, and electronics to baby goods and athletic gear, for the lowest prices online. Members save when they shop on over 700 other websites too with discounts at top retailers like J. Crew, Nordstrom, Pottery Barn and more. We always offer free shipping and returns regardless of the seller, plus access to a Member Services team to help every step of the way. Our fun, dynamic team is filled with passionate self-starters who dream big and have a history of success. Our current headquarters is in Montclair, NJ but we will be relocating to Hoboken in the Spring of 2015. Our new office will be right on the Hudson River overlooking the Manhattan skyline. We are constantly searching for new talent to build our team. If you`d like to work for an ambitious startup alongside smart people, please let us know.
About the Person
Marc Lore is the Founder and CEO of Jet. He was previously the Chief Operating Officer of Wizkids, Inc., a wholly owned subsidiary of The Topps Company, Inc. and a leading game manufacturer. Prior to joining Wizkids, Marc was the co-founder and CEO of The Pit, Inc., an Internet market-making collectible company constructed as an alternative to eBay. The Pit, Inc. was successfully sold to the then publicly traded Topps Company in 2001. Prior to ThePit, Marc held various investment banking positions, including as Executive Vice President of Sanwa International Bank in London where he was head of the bank`s Risk Management Division. Before Sanwa, he was Vice President and Global Head of Emerging Markets Risk Department at Credit Suisse First Boston in London. In 2000, he was named by The Sunday Times Magazine of London as one of Britain's top ten "new high-tech entrepreneurs and whiz kids." Marc graduated from Bucknell University, where he received a B.A. in Business Management/Economics, cum laude, and is currently on leave from the Wharton University School of Business MBA program. He is also a C.F.A. (Chartered Financial Analyst). Marc has two young daughters, Sierra and Sophia, with his wife, Carolyn.
Info Source
Press Release
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