ShopNBC Strengthens Merchandising Organization
19 March 2010 - 12:00AM
Marketwired
ShopNBC (NASDAQ: VVTV), the premium lifestyle brand in electronic
retailing, today announced it has strengthened its merchandising
organization leadership by promoting Matthew Lubkeman to Vice
President of Watches, and appointing Rod Ghormley as Vice President
of Home.
Matthew Lubkeman joined ShopNBC in 2004. Previously, Matthew
held buying positions for men's clothing and watches at Macy's. He
has more than 20 years of multichannel retailing experience.
Rod Ghormley joins the company as ShopNBC's Vice President of
Home. Previously, Rod served as Senior Vice President and General
Merchandise Manager for ShopKo's home division, and he held
executive merchandise positions at Amazon, QVC, and Foley's
Department Stores. Rod has over two decades of experience in
multichannel retailing.
In accordance with the NASDAQ Marketplace Rule 4350, Rod
Ghormley is being granted inducement stock options as of his first
day of employment with ShopNBC, covering the right to purchase
50,000 shares of the company's common stock. The options will have
an exercise price equal to the closing price of the company's
common stock on the date of the grant.
About ShopNBC
ShopNBC is a multichannel electronic retailer operating with a
premium lifestyle brand. Over 1 million customers benefit from
ShopNBC as an authority and destination in the categories of home,
electronics, beauty, fashion, jewelry and watches. As part of the
company's "ShopNBC Anywhere" initiative, customers can interact and
shop via cable and satellite TV in 75 million homes (DISH Network
channels 134 and 228; and DIRECTV channel 316); mobile devices
including iPhone, BlackBerry and Droid; online at www.ShopNBC.com;
live streaming at www.ShopNBC.TV; and social networking sites
Facebook, Twitter, and YouTube. ShopNBC is owned and operated by
ValueVision Media (NASDAQ: VVTV).
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Contact Info: Anthony Giombetti ShopNBC Media Relations 612 308
1190 agiombetti@shopnbc.com
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