Gilt Groupe, Inc. Appoints Andrew Page as Chief Financial Officer

NEW YORK, May 5 /PRNewswire/ -- Online luxury retailer Gilt Groupe, Inc. today announced that Andrew Page has joined the company as Chief Financial Officer.  Mr. Page reports directly to Susan Lyne, Chief Executive Officer.  As CFO, Mr. Page will be a member of the senior executive team and will oversee all of the company's financial operations and corporate strategic planning.  

(Logo:  http://www.newscom.com/cgi-bin/prnh/20080625/NYW098LOGO )

Mr. Page brings 20 years of experience to Gilt.  Prior to joining the company, Mr. Page was Chief Operating and Financial Officer of PlayPhone Inc., where he was responsible for managing all aspects of the company's operations across 15 countries.  Before PlayPhone, Mr. Page was the Chief Financial Officer & SVP Business Strategy at StubHub, Inc., where he managed the company's financial operations, business strategy, financial reporting and administrative functions and led the company's sale to eBay in 2007.  Mr. Page has also held senior executive positions at Panasas, Inc., ONI Systems Corp. and Robertson Stephens & Company and is an advisor to several e-commerce companies.  Page holds a Bachelor of Arts from Princeton University and a Masters of Business Administration from Harvard Business School.

"Andy is a terrific addition to our company.  His vast experience in financial management as well as his background with online and mobile entertainment companies will be invaluable as we continue to expand our footprint," said Lyne.  "We are confident that Andy will be instrumental in shaping the growth of the company and we look forward to his joining the team."

"In fewer than three years, Gilt Groupe has transformed the online shopping experience for both consumers and retailers," said Page.  "I am thrilled to be joining Gilt and am confident that the company will continue to innovate and provide unparalleled service for its members."

About Gilt Groupe, Inc.

Launched in November 2007, Gilt Groupe has rapidly established itself as one of the leading online retailers in the US. Gilt curates a broad range of daily sales in the areas of women's fashion and accessories, men's apparel and lifestyle, home, children and travel, to serve to its exclusive, invitation-only membership.  Most sales last just 36 hours and feature many of the world's most sought-after designers. Gilt Groupe is headquartered in New York City. To find out more please visit us at www.gilt.com.

SOURCE Gilt Groupe, Inc.

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