iSalvage Names Chief Technology Officer
18 July 2000
New Directors to Help Lead Business Development NEW YORK - iSalvage.com, an online business-to-business marketplace connecting suppliers and buyers of recycled and remanufactured parts, today announced a new CTO and a new team to lead its business development.iSalvage has appointed Dominique Laborde as executive vice president and CTO, Nic Gaeta has been named senior director of business development, and Chris Witty has been hired as senior director of business development & planning.
In his role as iSalvage's CTO, Laborde will be responsible for executing the company's information technology strategy and delivering solutions that support the rapid growth of iSalvage's business. Laborde has 25 years of strategic, technical, and managerial experience. Most recently, he was senior vice president of product development at Dun & Bradstreet. Laborde has also worked at AIG as vice president and chief technologist and at Computer Associates where he was vice president, research and development. He focuses on database and software engineering topics as a frequent lecturer and writer/contributor in the technical community. Laborde has a computer science degree from Paris University in France.
"Dominique brings a significant amount of technology and business experience to the iSalvage team," said Jeff Stotland, CEO, iSalvage. "He will play a crucial role in the success of our business. Dominique will be an invaluable resource for building iSalvage into a respected technology leader in the recycled and remanufactured parts industries."
Nic Gaeta joins iSalvage as senior director of business development with an added focus on the international markets. Gaeta brings 11 years of global automotive industry expertise to iSalvage. At Ford Motor Company he held senior business development and operational leadership roles in the United States, Europe, and Latin America. Previously, he held finance positions at Merck & Co. and KPMG. Gaeta earned an MBA from IMD in Switzerland.
iSalvage hired Chris Witty as senior director of business development & planning. He will focus on sourcing, negotiating, and closing strategic deals as well as providing strategic direction for new business initiatives. Witty comes to iSalvage from e-Steel, where, as director of business development, he negotiated their recently launched Japanese joint venture. Witty also has several years experience in finance, mergers & acquisitions, and automotive equity research gained at Delphi Automotive and Goldman Sachs. Witty has an MBA from the University of Virginia's Darden School.
"I am extremely pleased to have Chris and Nic join my team," said Iwao Fusillo, vice president of strategy & business development, iSalvage. "They come from world-class companies and bring a broad array of experience to iSalvage. I am confident they will help iSalvage structure partnerships that will drive the company's aggressive growth plans."
About iSalvage.com
iSalvage is an online business-to-business marketplace connecting buyers and suppliers of recycled and rebuilt parts, with its initial focus on the automotive market. Headquartered in New York City, iSalvage was founded in 1999 and received its initial funding from Sentinel Capital Partners and divine interVentures. iSalvage is now available to all commercial auto buyers and suppliers on the east coast of the United States. The company will expand its services to the rest of the country in the next few months.
