CFO Veteran from General Electric to Lead Financial Growth for Industry Leader
SAN DIEGO, CA – March 8, 2010 – The Active Network, Inc. (Active), a leading technology and media company, announced today the appointment of Scott Mendel as chief financial officer. Mendel brings more than 20 years of finance experience working for a public, best-in-class company and has a proven track record of leading highly-complex, global software businesses.
“The level and caliber of experience Scott brings to the Active Network will help us achieve our financial goals in 2010 and beyond,” said Dave Alberga, CEO of Active Network. “We are delighted to welcome him to the Active Network team and look forward to working with Scott to take the company to its next stage of growth.”
Mendel joins Active Network from General Electric (GE), where he served for over 20 years in senior roles that drove financial results. In his most recent position, chief financial officer of GE’s Healthcare IT division, he led a 150-person global finance function and headed-up the financial due diligence and integration of a $1.2 billion acquisition in 2006.
“Active Network’s impressive revenue growth, leadership position in key markets and commitment to product development makes this a very exciting opportunity,” said Mendel. “I’m eager to work with such a dynamic team and play a key role in expanding the business.”
Mendel received his undergraduate degree in finance from Indiana University and his M.B.A. from Northwestern University, Kellogg School of Management.
About Active Network
The Active Network delivers integrated technology solutions, marketing services and online media properties that enable and encourage participation in activities and events. For more information, please visit www.ActiveNetwork.com.
Tina Wilmott, The Active Network, Inc.
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