RealTime IT News

Adauction.com Launches Search for CEO

Adauction.com said it has retained the services of executive search firm Heidrick & Struggles and its media services partner Stephen Unger to conduct a national search for a new chief executive officer for the company.

Current chief executive officer Chris Redlitz will continue directing the affairs of the company during the search. "Adauction.com has grown dramatically this last year," said Redlitz.

"Our size and operational complexity now require the talents of a seasoned manager with experience leading large-scale, rapidly growing organizations. During this transition, I will be working closely with our new acting chairman, Leo J. Hindery Jr., to manage the day-to-day operations of the company.

Adauction.com is an online marketplace for media buyers and sellers.