Digital River, Inc. (NASDAQ: DRIV), a leading provider of global
e-commerce solutions, announces the appointment of former Minnesota
Governor Tim Pawlenty to its board of directors. Mr. Pawlenty served as
Governor of the State of Minnesota for two terms from 2003-2011. As
Minnesota’s Chief Executive Officer, he represented the interests of 5.2
million citizens and was responsible for a $50 billion biennial budget,
30,000 employees and over 20 agencies and departments.
"We are pleased to welcome Tim to Digital River’s board,” said Joel
Ronning, Digital River’s CEO. "To our team, Tim brings a wealth of
diverse business development and finance experience along with a strong
international perspective. His vision and work developing and leading
innovative initiatives will be an invaluable asset to our company. We
look forward to his participation as we accelerate our development
efforts in the digital marketplace and our growth across the software,
consumer electronics, payments, entertainment and online service
markets.”
"With more than 15 years of experience managing global online businesses
for some of the Internet’s most notable brands, Digital River has earned
a reputation as a thought leader in the industry,” said Mr. Pawlenty. "I
am looking forward to being part of a company that is working on the
front lines of a rapidly evolving marketplace marked by exciting
opportunities.”
Mr. Pawlenty currently serves as a member of the board of directors of
three companies: Miromatrix Medical, Ionix Medical and Red Prairie. He
also serves as a senior advisor to Vector Capital.
During his career in public office, Mr. Pawlenty received Presidential
appointments to serve on the Advisory Council on Historic Preservation
and the National Infrastructure Advisory Committee. He served as chair
of the National Governor’s Association, Education Commission of the
States and Midwest Governor’s Association. Mr. Pawlenty also served in
the Minnesota House of Representatives where he was elected
Majority Leader.
In addition, Mr. Pawlenty has practiced law in the areas of criminal
prosecution, civil litigation and appeals. He also served as Vice
President of Corporate Development for Wizmo, an early stage technology
services company, and was a member of the Board of Directors of NewTel
Europe, LLC and Stratika.
About Digital River, Inc.
Digital River, Inc., a leading
provider of global e-commerce solutions, builds and manages online
businesses for software and game publishers, consumer electronics
manufacturers, distributors, online retailers and affiliates. Its
multi-channel e-commerce solution, which supports both direct and
indirect sales, is designed to help companies of all sizes maximize
online revenues as well as reduce the costs and risks of running an
e-commerce operation. The company’s comprehensive platform offers site
development and hosting, order management, fraud management, export
controls, tax management, physical and digital product fulfillment,
multi-lingual customer service, advanced reporting and strategic
marketing services.
Founded in 1994, Digital River is headquartered in Minneapolis with
offices across the U.S., Asia, Europe and South America. For more
details about Digital River, visit the corporate
website, follow the company on Twitter
or call +1 (952) 253-1234.
Twitter Tags: #ecommerce, @DigitalRiverInc
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Tim Pawlenty joins Digital River’s Board of Directors #ecommerce
