SAN DIEGO, CA - March 11, 2008 - The Active Network, Inc. (Active), a leading provider of application services technology and marketing solutions for community service and participatory sports organizations, today announced that it has named Steven Kemper as Chief Financial Officer. Kemper brings more than 25 years experience in finance and will be responsible for overseeing the corporate finance, accounting, investor relations and human resources functions.
Prior to The Active Network, Kemper was chief financial officer of DexCom, Inc., a medical technology company that he took public on NASDAQ in 2005. Earlier in his career, Kemper led the financial team for General Instrument’s Satellite TV business (now Motorola Broadband), which grew to over $500 million in revenues during his tenure. Additionally, Kemper has raised half a billion dollars in public and private equity and debt for emerging growth companies.
“Steve Kemper brings extensive experience and the skill set required for a rapidly growing company of our size,” said Dave Alberga, CEO of The Active Network. “We are very excited to have him on board.”
Kemper holds a Masters of Business Administration degree from Loyola Marymount University and a Master of Science, Accountancy, degree from San Diego State University. He also earned a Bachelor of Arts degree from the University of California, San Diego. Kemper replaces Norman Dowling who served as CFO and executive vice president. During Dowling’s tenure, the company’s revenues grew from $44 million to over $100 million.
About The Active Network, Inc.
The Active Network, Inc., based in San Diego, Calif., provides application services technology and marketing access to community service organizations, and is a leading online community for active lifestyles. The company’s solutions help organizations improve customer service capabilities, increase revenues, and reduce the cost and complexity of managing and marketing activities and events. Through the company’s Web properties including www.Active.com, The Active Network provides consumer services and resources that support participation in healthy lifestyles. For more information, please visit www.ActiveNetwork.com or call 1-888-543-7223.
Tina Wilmott, The Active Network, Inc.
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