Travelzoo 2014 Annual Report Download - page 9

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Each of the director nominees listed above, is currently a director of Travelzoo and was elected at the Company's
Annual Meeting of Stockholders held on May 9, 2014. Our Board of Directors has determined that each of Mr. Karg,
Mr. Neale-May and Ms. Reilly meet the independence requirements of the listing standards of the NASDAQ Stock Market (the
"NASDAQ"). The Board of Directors determined that Mr. Ralph Bartel is not independent under the rules of NASDAQ
because he is a beneficial owner of Azzurro Capital Inc., which holds approximately 49.1% of our outstanding Common Stock
as of March 6, 2015, and Mr. Holger Bartel is not independent under the rules of NASDAQ because he is Ralph Bartel's
brother.
Holger Bartel, Ph.D., has served as Executive Chairman since September 2014 and Chairman of the Board of
Directors since July 2010. From June 2005 to June 2010, he served as a Director of the Company. Mr. Bartel served as a
consultant to the Company from July 2010 through September 2011 and became an employee of the Company serving as Head
of Strategy from October 2011 through October 2013. Mr. Bartel served as Chief Executive Officer from October 2008 to June
2010, after serving as Executive Vice President from September 1999 to November 2007. From 1995 to 1998, Mr. Bartel
worked as an Engagement Manager at McKinsey & Company in Los Angeles. From 1992 to 1994, Mr. Bartel was a research
fellow at Harvard Business School. Mr. Bartel holds a Ph.D. in Economics and an MBA in Finance and Accounting from the
University of St. Gallen, Switzerland. He is the brother of Ralph Bartel.
Areas of Holger Bartel's relevant experience: Deep knowledge of Travelzoo's operations, Internet, strategy,
management of growth companies, travel, international management.
Ralph Bartel, Ph.D., founded Travelzoo in May 1998 and has served as a Director since July 2010 after serving as
Chairman of the Board of Directors from May 1998 to June 2010. Mr. Bartel has served as Chief Talent Officer of the
Company since September 2014. From May 1998 to September 2008, Mr. Bartel 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.
Michael Karg, Ph.D., is Chief Executive Officer of Razorfish International, an international interactive marketing and
technology services company. Mr. Karg advises clients across multiple industries to identify and define next generation digital
services and products across digital media, mobile, and technology platforms. From September 2010 to May 2013, Mr. Karg
served in the roles as President EMEA (from September 2011) and COO International for Razorfish and Digitas International.
During his tenure he built and orchestrated the Razorfish and Digitas International network capabilities, enabling delivery of
break-through award-winning client work across geographies. Mr. Karg originally joined Digitas in 2000 where he served in
various capacities until May 2013. Mr. Karg currently serves on the board of directors of Razorfish (Hong Kong) Company,
Limited and Razorfish Consulting (Shanghai) Co., Limited, and e-Crusade Holding Company Limited. From August 2012 to
July 2013 he served as the Chairman of the Board of Razorfish Germany. Mr. Karg holds a Master's degree in Finance and
Accounting and a doctorate in Business Administration from the University in St. Gallen, Switzerland. Between 1999 and 2000
Mr. Karg was a visiting research fellow at Harvard University.
Areas of Mr. Karg's relevant experience include international management, marketing, digital media, corporate
strategy and development.
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. He is also the managing partner and co-founder of the SABLE Accelerator (South African Business Link to
Experts). Since 1987, Mr. Neale-May has been managing and running his own digital marketing and communications agency
operating from Silicon Valley and New York. 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 6,000 senior marketing and branding executives controlling
some $300 billion in aggregated annual marketing spend. Mr. Neale-May is a journalism graduate of Rhodes University in
South Africa and serves on the University's board of governors. He also chairs the Rhodes University Trust, USA. In addition,
Mr. Neale-May serves as an adjunct professor at Seoul National University in South Korea.
Areas of Mr. Neale-May's relevant experience: Brand strategy, public relations, marketing, international management.