Travelzoo 2010 Annual Report Download - page 7

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served as Travelzoo’s Chief Executive Officer and President. Mr. Bartel is a professionally trained journalist who
also holds a Ph.D. in Communications from the University of Mainz, Germany, a Master’s degree in Journalism
from the University of Eichstaett, Germany, and a Ph.D. in Economics and an MBA in Finance and Accounting
from the University of St. Gallen, Switzerland. He is the brother of Holger Bartel.
Areas of Ralph Bartel’s relevant experience: Media, journalism, Internet, finance, start-up experience.
David J. Ehrlich has served as a Director since February 1999. Mr. Ehrlich currently serves as an Executive in
Residence with Mohr Davidow Ventures. From March 2007 to January 2010, Mr. Ehrlich served as Chief Executive
Officer of ParAccel, Inc., a technology company. From 2003 to 2006, Mr. Ehrlich was Senior Vice President,
Marketing and Chief Strategy Officer of NetIQ Corporation. From 1998 to 2002, Mr. Ehrlich was Vice President,
Product Management and Strategic Partnering for Visual Networks, Inc. From 1993 to 1998, Mr. Ehrlich worked as
a consultant for McKinsey & Company. Mr. Ehrlich holds a bachelor’s degree in Sociology with honors and
distinction from Stanford University, a Master’s degree in Industrial Engineering from Stanford University, and an
MBA from Harvard Business School.
Areas of Mr. Ehrlich’s relevant experience: Technology, corporate development, mergers & acquisitions.
Donovan Neale-May has served as a Director since February 1999. Mr. Neale-May is the president and
managing partner of GlobalFluency, Inc., a global organization of independent marketing and communication firms
with 70 offices in over 40 countries. Since 1987, Mr. Neale-May has been managing and running his own marketing
and public relations agency business, Neale-May & Partners, operating from Silicon Valley and New York offices.
Previously, Mr. Neale-May held senior positions with marketing, promotions and public relations agencies, such as
Ogilvy & Mather, in Silicon Valley, New York, London and Los Angeles. During his 30 years as an international
marketing and brand strategist, Mr. Neale-May has consulted with over 300 leading multi-nationals, new venture
starts and emerging growth companies. Mr. Neale-May is the founder and executive director of the Chief Marketing
Officer (CMO) Council, a global affinity network of more than 3,000 senior marketing and branding executives.
Mr. Neale-May is a journalism graduate of Rhodes University in South Africa and serves on the board of trustees for
the Rhodes University Trust, USA.
Areas of Mr. Neale-May’s relevant experience: Brand strategy, public relations, marketing, international
management.
Kelly M. Urso has served as a Director since February 1999. Since 2003, Ms. Urso has been a principal at K. M.
Urso & Company, LLC, a firm that provides U.S. and international tax consulting and compliance services. From
2001 to 2003, Ms. Urso was a tax attorney with Reynolds & Rowella LLP. From 1997 to 2001, Ms. Urso was the
leader of the expatriate tax group at General Electric International, Inc. Ms. Urso holds a bachelor’s degree in
business administration from the University of Cincinnati and a Juris Doctor degree from the Thomas M. Cooley
Law School in Lansing, Michigan.
Areas of Ms. Urso’s relevant experience: Tax planning, tax compliance, international management.
The Board of Directors is not aware that any nominee named in this Proxy Statement is unwilling or unable to
serve as a director. If, however, a nominee is unavailable for election, your proxy authorizes the named designees to
vote for a replacement nominee if the Board of Directors names one.
YOUR BOARD OF DIRECTORS RECOMMENDS A VOTE “FOR” THESE NOMINEES.
The Board of Directors believes that each director nominee possesses the qualities and experience it believe
that nominees should possess. The Board of Directors seeks out, and the Board of Directors is comprised of,
individuals whose background and experience complement those of other Board members.
APPROVAL OF STOCK OPTIONS (PROPOSAL 2)
In connection with the promotion of Christopher Loughlin to Chief Executive Officer of the Company, the
Company entered into a Nonqualified Stock Option Agreement (the “Stock Option Agreement”) with Mr. Loughlin
on November 18, 2009, pursuant to which the Company granted Mr. Loughlin the option (the “Option”) to purchase
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