One Kings Lane Names Dinesh Lathi Chief Executive Officer

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Apr 30, 2014, 09:00 ET

SAN FRANCISCO, April 30, 2014 /PRNewswire/ -- One Kings Lane today announced that its Board of Directors has appointed Dinesh Lathi as chief executive officer and member of the Board of Directors effective immediately. Lathi previously held the position of chief operating and financial officer.

Since joining One Kings Lane in 2011, Lathi has played a central role in strategic and operational initiatives, including the launch of One Kings Lane proprietary brands, finance and pricing, inventory management, and customer and vendor operations.

"We have a clearly defined mission – to lead and innovate the online home market. Dinesh has deep expertise in e-commerce and has demonstrated great passion for our business. We are thrilled to have him at the helm of One Kings Lane at such an exciting time in the company's history," said Susan Feldman, the company's co-founder.

Prior to joining One Kings Lane, Lathi spent seven years at eBay and served as vice president of eBay North America. Dinesh began his career as an investment banker and also spent time in private equity. He has a BS from MIT and an MBA from Harvard Business School.

"Dinesh has demonstrated keen organizational leadership and business vision along with the ability to bring people together," said Alison Pincus, co-founder. "As we evaluated the attributes needed in this position, it was quickly apparent to us that he was an exceptional fit for the CEO role."

"In just five years One Kings Lane has become a leading online destination for the home and a brand that is beloved by millions," said Dinesh Lathi, CEO. "It is a tremendous honor to lead the company and I look forward to serving our customers, employees, and partners as we continue to innovate in e-commerce and build the first online lifestyle brand for the home."

About One Kings Lane:
One Kings Lane is a leading online destination for the home that connects daily design inspiration with a fresh collection of select home goods, designer and vintage items you won't find anywhere else. One Kings Lane works directly with leading home brands, antique and vintage dealers and designers to bring the very best products at exceptional prices to its shoppers – every day of the week. Headquartered in San Francisco, One Kings Lane is backed by leading investors including Mousse Partners, leading global institutional investors, Kleiner Perkins, Greylock Partners, Tiger Global Management, IVP and Scripps Networks and in 2013 was voted as one of the Top 5 Most Admired Online Retailers in STORES Magazine's poll of the National Retail Federation. Please visit www.onekingslane.com for more information.

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SOURCE One Kings Lane