VIENNA, Va.--(BUSINESS WIRE)--FedBid, Inc., the fully-managed online marketplace helping governments, business and educational institutions save on simple goods and services, announced the appointment of Kevin R. Maloney to the post of executive vice president of sales and marketing, charged with driving FedBid’s worldwide revenue growth and market expansion efforts, as a key member of the senior executive team. His appointment marks the latest move by the company to build its expansion into new markets, a growth spearheaded by January 2012’s investment by renown technology entrepreneurs Ted Leonsis and Steve Case’s Revolution Growth fund.
“Kevin is a proven sales and marketing revenue-generation engine,” said FedBid CEO, Ali Saadat. “Over the past nearly fifteen years, we built a powerful online marketplace which has saved the federal government billions of dollars, while opening up billions of dollars in opportunities to small businesses around the country. Our model is tested. Our process is simple. Now is the time for Commercial, State and Local government and Education arena buyers to have the same opportunity to save time and money. Kevin will be key in helping us open the door and invite in these new markets. We look forward to building on our double bottom line, by doing well by doing good across the full public and private sector spectrum.”
Mr. Maloney brings over 30 years of top-tier expertise in developing and guiding strategic sales and marketing initiatives, with core focus on Software as a Service (SaaS) and Enterprise software businesses. His successful track record was initially built over a 28-year career IBM, where he led in multiple sales and sales management positions throughout Asia, Europe and the United States. After IBM, he led as executive vice president of worldwide sales and marketing for Easylink Services International Corporation, executive vice president of worldwide sales with Network General Corporation and vice president of worldwide sales with Check Point Software Technologies
“I’m excited to be a part of such an impressive, forward-thinking organization,” said Mr. Maloney. “With a model so vastly proven, the opportunity to bring the marketplace benefits to the economies of towns, cities, schools and businesses around the country is tremendous. I’m looking forward to playing a role in propelling us towards the heart of those markets and igniting growth within.”
ABOUT: FedBid, Inc.
FedBid® was founded on the premise there’s a better way for organizations of all sizes to buy smart, save money and reduce risk on simple goods and services they buy every day. Our fully-managed online marketplace has proven to optimize how businesses, governments and educational arenas buy the goods and services they need to keep their organizations running. Buyers save time and money, Sellers gain equal access to real opportunities. It’s a Win-Win. For more information, visit FedBid at www.FedBid.com or call (877) 9FEDBID. FedBid—Better Buying | Smarter Selling ®
