Hostway Names Gordon Henry Executive Vice President and General Manager
Top Web Hosting Firm Appoints Media and Internet Pioneer to Drive Growth of Small- and Medium-Sized Businesses Division
Chicago, Illinois, April 27, 2010 — Hostway Corporation, a top five global Web and cloud hosting services provider and a leader in Web and business services, announced today that Gordon Henry has joined the company as executive vice president and general manager. Henry will head the company's small- and medium-sized businesses (SMBs) division, which focuses on providing Web hosting, website design, online advertising and other services to SMBs.
Henry is a veteran of the online search and local advertising industry. He was chief marketing officer at Yellowbook, where he led the development of the company's online site, Yellowbook.com, built the company's brand into a nationally recognized name and oversaw the expansion of its printed directories. More recently, Henry led online video agency Spotzer Media's entry into the US. As president of Spotzer, he introduced video as a core offering of many top search and Internet sites.
Previously, Henry held marketing and business development positions at Knight Ridder/Philadelphia Newspapers Inc., where he led the launch and acquisition of new advertising businesses, and Columbia House Company, where he founded the company's audiobooks division. He has an MBA from Wharton Business School, an MA from the University of Pennsylvania and a BA from Yale University.
"We are excited to have Gordon join the Hostway team," said Lucas Roh, CEO and co-founder of Hostway Corporation. "His experience in marketing to, selling to and understanding the needs of the small- and medium-sized business customer is unparalleled. He is a great fit to help lead our efforts in this area. We expect that he will expand our penetration among SMBs, grow the variety of Web hosting and online services we provide and further build our brand."
Hostway's service offerings range from Web hosting for SMBs to managed and dedicated server hosting for large enterprises. Hostway has garnered industry-wide recognition and praise for ServicePlex, an online service delivery portal developed internally to enable a seamless customer experience. In 2009, the company launched its cloud hosting offering, FlexCloudTM, which enables customers to access a multi-million dollar hosting infrastructure that scales up and down based on business needs for as low as $15 per month. Hostway has also partnered with telecom companies, cable operators and large retailers to deliver fully private-labeled online services to their customers.
Last month, Hostway announced that it raised $110 million in debt and equity financing to support its continued growth plan. The transaction was led by private equity firm Veronis Suhler Stevenson, along with Fortress Capital, Regiment Capital and Phoenix Life.
"Since our founding in 1998, we have continuously sought ways to deliver more value to our customers by investing in our people, technology and infrastructure. As a result, we have built a solid platform for growth. In the next stage of our history, in partnership with our new investors, we aim to accelerate the pace of becoming the leading provider in the expanding online services market," said Roh.
About Hostway Corporation
Hostway Corporation is a leader in Cloud, Managed, and Managed Hosting. Hostway delivers reliable, secure, and scalable Infrastructure-as-a-service (IaaS) solutions to over 600,000 customers worldwide. Hostway services its clients from more than 250,000 square feet of state-of-the-art data center space, spanning four continents and 12 countries. Hostway has emerged as one of the largest cloud hosting and Infrastructure-as-a-Service providers in the world due to the company’s expertise in developing secure, multi-tenant hosting environments and is committed to providing SMB's and large enterprises with cost effective business solutions. Hostway’s core products include Managed Hosting, Cloud Hosting, and Email and Applications.
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