RealTime IT News

Internet Travel Network Realigns Top Management

Internet Travel Network (ITN), an online travel service, has shifted its senior management assignments for greater focus on its business development and strategic partnerships.

The realignment, effective immediately, is designed to more strongly position ITN to take advantage of the rapidly growing opportunities within the burgeoning Internet travel industry that is already the second largest segment for e-commerce.

Dick Whilden, ITN board chairman, takes on the additional roles of president and CEO. Current President Ken Swanton was named vice chairman of the board with special responsibilities for strategic partnerships and planning. Founders and vice presidents Dan Whaley and Bruce Yoxsimer will form and operate a new Business Development unit within ITN.

Whilden assumes all day-to-day responsibility for the company. "The realignment of ITN's senior management team and the focus on business development will ensure that we will continue our innovative work and exponential growth in the online travel industry," said Whilden.

Swanton also takes the lead on ITN's mission and business plan issues, as well as supporting acquisition, investment, and fund raising. Responsibilities for the Business Development group will include investigating leading-edge technologies, advanced product development, and strategic technology alliances.

The group also will focus on enhancements to current ITN products and distribution channels.