– USA, FL – Ominto, Inc. (NASDAQ:OMNT), a global leader in online Cash Back shopping, today announced that the company’s Board of Directors has appointed Mitch Hill as Executive Chairman of the Board. Mr. Hill will continue his work with Michael Hansen and the Board to provide leadership in developing and executing the company’s business strategy.
Mr. Hill has served on the company’s Board of Directors since May of 2015 and as an Executive Director since June of 2016. He also served as the company’s Interim CEO during the first six months of 2016.
Mr. Hill has C-level executive experience in a number of public and private companies including real estate, entertainment, healthcare and e-commerce. Earlier in his career, he was President and CFO of Buy.com Inc., a high-profile pioneer in early e-commerce solutions, which is now part of Rakuten, Inc. Prior to Buy.com, Mr. Hill served in a financial executive capacity for the Walt Disney Company and worked in the investment banking division of Goldman Sachs. Throughout his career he has supported startup launches, and has transformed companies from R&D phases and private capitalization to commercialization with manufacturing, marketing and sales, including preparation for IPO. Mr. Hill received his MBA from the Harvard Business School and his BS from Brigham Young University.
Commenting on today’s announcement, Mr. Hansen stated, “I look forward to continuing to work with Mitch. We appreciate the strategic, financial and transactional expertise he contributes to the company.”
About Ominto, Inc.
Ominto, Inc. is a global e-commerce leader and pioneer of online Cash Back shopping, delivering value-based shopping and travel deals through its primary shopping platform and affiliated Partner Program websites. At DubLi.com or at Partner sites powered by Ominto.com, consumers shop at their favorite stores, save with the best coupons and deals, and earn Cash Back with each purchase. The Ominto.com platform features thousands of brand name stores and industry-leading travel companies from around the world, providing Cash Back savings to consumers in more than 120 countries. Ominto’s Partner Programs offer a white label version of the Ominto.com shopping and travel platform to businesses and non-profits, providing them with a professional, reliable web presence that builds brand loyalty with their members, customers or constituents while earning commission for the organization and Cash Back for shoppers on each transaction.
For more information : http://inc.ominto.com
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