press releases
buySAFE® Continues Growth — Adds Three Senior Executives
Michael Beveridge, Lee Ferrell, and Jean Claude Monayong add depth to marketing, technology and business development areas
ARLINGTON, Va. (November 9, 2005) - buySAFE, Inc. (www.buysafe.com), the leading online trust and safety company for e-commerce transactions, announced today that it has appointed three new executives to its team: Michael Beveridge to senior director of business intelligence; Lee Ferrell to creative director; and Jean Claude (JC) Monayong to director of production services. These appointments are the result of buySAFE's recent growth in the e-commerce bonding market.
"It is a very exciting time at buySAFE - we're growing at a feverish pace and continuing to meet and exceed on our business expectations,"said Jeff Grass, CEO, buySAFE. "We know that good people and strong growth go hand in hand, so we're thrilled to be assembling a team that has the experience, industry knowledge and track records to make buySAFE a tremendous success."
Michael Beveridge joins buySAFE as senior director of business intelligence. In this position, he drives buySAFE's business analytics initiatives, analyzes buySAFE's impact on online transactions and evaluates opportunities for new revenue streams. Prior to buySAFE, Michael held various director-level positions at Capital One Financial Services, where he led a variety of global operational and technological initiatives. While there, he worked in multiple critical functional areas, including internal consulting, European operations, general management, marketing, customer acquisition and technology. He also was a senior associate in the financial services group at Booz-Allen Hamilton, a global strategy and consulting firm, as well as an analyst at Salomon Brothers, Inc. He obtained a Master of Science in Economics from the University of Chicago, and has a Bachelor of Science from Yale University.
Lee Ferrell is buySAFE's new creative director, where he is charged with leading the company's strategic brand design and development for both buyers and sellers. Most recently, he served as creative director for Cross Country Healthcare, a leading provider of healthcare staffing services in the United States. While there, he successfully led the overall creative campaigns for multiple corporate entities, earning the company's first Addy award. Prior to this, Lee served as interactive creative director for the global communications firm Fleishman-Hillard, where he launched their Asia-Pacific division in Hong Kong serving multi-national clients such as Intel, Level 3, ExxonMobil and United Airlines. He also held various positions at D'Arcy Masius Benton & Bowles, where he was responsible for online advertising campaigns for TWA and Coca-Cola. Lee's other past clients include: Apple Computer, Carlyle Group-Asia Pacific, Sigma Chi Fraternity, Starbucks-Asia Pacific and ToolServe. He has a Bachelor of Arts in Graphic Design from Southeast Missouri State University and is a member of AIGA and Design Management Institute.
Jean Claude (JC) Monayong is buySAFE's new director of production services. In this capacity, he is responsible for the administration and operation of buySAFE's technology platform. Prior to buySAFE, JC worked as a senior solutions architect for EMC Corporation, where he was on contract for AOL. While there, he was responsible for enterprise storage and system benchmarking, consolidation of the SAN infrastructure, disaster recovery models, IT training, and the relationship of technical solutions to business models. Prior to this, he was director of database systems at Opion Inc., which at the time was a start-up company focusing on market forecasting. He also served as a senior solutions architect at Network Solutions/VeriSign, where he managed a team of 30-plus database and system administrators, and was responsible for IT training, the system architecture, project management and database development. JC has also held various technology positions throughout his career, including with the U.S. State Department, U.S. Mint, Oracle, IBM, BMC Software, MCI Telecommunications, Computer Sciences Corporation, Sallie Mae, and Booz-Allen Hamilton. He has a Master of Science in Mathematics and Physics from the Escole Centrale de Paris, and a Bachelor of Science in Computer Science from Southeastern University in Washington, D.C.
about buySAFE
buySAFE, Inc. helps to create a safe and stress-free online shopping environment through Bonded Shopping™ - the only program that qualifies merchants, identifies reputable online businesses with the buySAFE Seal, and uses surety bonds to provide protection for individual buyers from online transaction risks. buySAFE also benefits online merchants by signaling they are a reputable and trustworthy seller, thereby increasing profit opportunities. Items currently bonded with buySAFE are on item listings on eBay, Overstock.com Auctions and Tias.com. buySAFE is headquartered in Arlington, Virginia.
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