International provider of end-to-end eCommerce solutions, PFSweb announced the appointment of Shin Nagakura to its Board of Directors. Non-employee Director Timothy W. Murray is set to retire from the board effective immediately.
Nagakura is currently Director of transcosmos inc. (TSE: 9715) (“TCI”), a leading Japanese business process-outsourcing firm. His appointment will fulfill a condition of the strategic relationship that PFSweb and TCI entered into on May 15, 2013, which states that a TCI representative will sit on PFSweb’s Board.
“Adding Mr. Nagakura to the Board is an important step in building and maximizing our relationship with transcosmos,” commented Mike Willoughby, CEO of PFSweb. “His presence will help us execute on our goal to become a truly global end-to-end multi-channel eCommerce service provider. By combining our iCommerce solution with TCI’s market capabilities, we will not only create opportunities for PFSweb clients to enter the fast-growing Asian market, but also drive revenue growth by providing eCommerce services for Asian companies looking to expand into the U.S and Europe.”
Nagakura brings over 15 years of experience investing in and advising technology companies to TCI’s Silicon Valley office. His resume includes companies such as RealNetworks, Brightcove, and AskJeeves. Most recently Nagakura held a position for ten years at Recruit Co. Ltd., a marketing services, internet media, and publishing company. Additionally Nagakura serves on the Board of Directors of Merlin Information Systems, Ltd., and Become, Inc., a leader in e-commerce and online comparison-shopping. He graduated from Sophia University in Tokyo with a B.A. in International Studies in 1986.
PFSweb is currently engaged by iconic brands to help enable and manage customized eCommerce initiatives. To learn more about PFSweb, please visit: www.PFSweb.com
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