SquareTrade Expands Executive Team with Appointment of Michael Adler as CFO and Dina Furash as SVP of Strategic Partnerships
SAN FRANCISCO, Dec. 4, 2012 /PRNewswire/ -- SquareTrade®, the top-rated protection plan trusted by millions of happy customers, today announced that Michael Adler has joined the company as Chief Financial Officer (CFO), and Dina Furash has joined as SVP of Strategic Partnerships. As CFO, Adler will be responsible for SquareTrade's global finance functions including financial planning and analysis, accounting, tax, and treasury. As SVP of Strategic Partnerships, Furash will be responsible for building innovative partnerships with national retailers and expanding SquareTrade's presence within current channel partners.
"We are delighted to welcome these world-class executives to the SquareTrade family," commented Steve Abernethy, SquareTrade's president and CEO. "Mike is a proven financial executive and strategic thinker in consumer services. His strong track record overseeing financial strategy and executing growth strategies at many successful public and private companies -including most recently Expedia, Inc. - make him a great choice for SquareTrade as we focus on managing rapid growth as we transform a massive industry"."
Abernethy continued, "Dina's broad experience working with top national retailers and distributors, her strong sense of consumer shopping behavior, and her knowledge of in-store and online merchandising make her the ideal executive to lead SquareTrade's business development. Mike and Dina's talent and experience will help drive the Company's growth and execution in the years to come."
Prior to joining SquareTrade, Michael Adler served as executive vice president and CFO of Expedia (NASDAQ: EXPE), the world's largest online travel company, for nearly six years. During his time at Expedia, he drove a strategy of profitable growth as the company rapidly expanded its international business, significantly diversified its revenue base and substantially improved its operating efficiency. Prior to Expedia, Michael served as SVP of financial planning and analysis for IAC/InterActiveCorp (NASDAQ: IACI), a leading media and Internet company with brands including Ask.com, CitySearch and Match.com. Before joining IAC, Michael served in senior leadership positions at companies including SchoolSports (now known as ESPN Rise) and Cheyenne Software. Michael currently serves on the Board of Directors for Yodle, Inc., a leader in local online marketing. He holds a BS in Economics from The Wharton School of the University of Pennsylvania, and a JD from the University of Pennsylvania Law School.
Before joining SquareTrade, Dina Furash served as SVP of Sales & GM at Green Dot Corporation (NYSE: GDOT), the pioneer of prepaid, reloadable debit cards through retailers like Wal-Mart, Walgreens, 7-Eleven and Kroger. Under her leadership, Green Dot expanded its distribution and in-store presence in major retailers across the country and became America's leading reload and cash acceptance network. Before joining Green Dot, Dina was VP of Sales & Marketing for fast-growing supply chain technology company, CaseStack Inc., which provides supply chain solutions to consumer packaged goods companies and the country's largest retailers. Prior to CaseStack, Dina oversaw sales, strategy and M&A at both Zebra Technologies (NASDAQ: ZBRA) and Eltron International, Inc. - two leading barcode and RFID technology providers. Dina holds a B.A. degree from Pepperdine University and an M.B.A. degree from The Anderson School at U.C.L.A.
SquareTrade is the top-rated protection plan trusted by millions of happy customers for its fast and exceptional service. SquareTrade protects mobile devices, laptops and tablets, and other consumer electronics and appliances from malfunctions, accidental damage and life's frequent mishaps. Unlike old-fashioned warranties, SquareTrade is designed for today's consumer and uses innovative technology to deliver a zero hassle claims process. SquareTrade has more than 170,000 fans on FaceBook, consistently wins industry awards and receives thousands of 5-star reviews for its legendary customer service. Top retailers around the world offer SquareTrade, achieving a 200% increase in sales on average and happier customers. SquareTrade's rapid transformation of the warranty industry attracted one of the largest private capital raises in 2012, with a $238 million round led by Bain Capital and Bain Capital Ventures. Headquartered in San Francisco and London, SquareTrade is privately held. For more information, go to www.squaretrade.com.
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