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Demand
Media
had announced the CEO, executive
team and company name chosen for a
newly formed domain services company
that is proposed to be spun off
from Demand Media. The
new company, called Rightside Group,
Ltd. (located at Rightside.co)
becomes the parent of four well-known domain
industry enterprises - Enom, Name.com,
UnitedTLD and NameJet. |
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Taryn
Naidu
named Rightside Group, Ltd. CEO |
Veteran
domain industry executive Taryn
Naidu, who currently serves as
Demand Media’s Executive Vice President
of Domain Services, will become the CEO
and a Director of Rightside with the
company based in Kirkland, Washington.
Naidu's
executive management will include Wayne
MacLaurin as Chief Technology Officer
and Rick Danis as General Counsel. David
Panos will be appointed as
Chairman of the Board of Directors and Shawn
Colo, Demand Media’s Interim
President and Chief Executive Officer,
will be appointed as a Director of
Rightside in connection with the
separation.
Colo
said, “Establishing the leadership team
and brand identity of the proposed new
company marks an important milestone in
achieving our plan to separate our
business into two distinct market
leaders. This team has a wealth of
industry experience, has played an
integral role in building the largest
wholesale domain registrar and is driving
the transformation of this |
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business into
one of the largest end-to-end domain name
service providers in the world.” |
The new company's
name - Rightside - is a reference to the
right side of the dot in domain names where
top level domains reside (like .com and a newly
arriving wave of new gTLDs). Naidu noted,
"Rightside will play a leading role
in the historic launch of new generic Top Level
Domains and the name represents a new way to
navigate the Internet, while establishing the
new company as the one to guide users in the
right direction. It’s everything to the right
of the dot – and beyond." Naidu
added “Rightside’s mission will be to
help millions of businesses and consumers define
and present themselves online. We’re able to
deliver on this through our distribution network
of more than 20,000 active partners, one
of the leading domain services technology
platforms, a large number of applications for
new generic Top Level Domains (gTLDs), and a
deep bench of industry talent. It’s an exciting
time for us, as new gTLDs start going live
this year and our path to becoming an
independent public company as a leader in our
industry progresses.”
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