NEW YORK, April 1, 2011 /PRNewswire/ -- Travelzoo Inc. (NASDAQ: TZOO), a global Internet media company, today announced Steve Savad, co-founder of Restaurant.com, joined Travelzoo as Senior Vice President of Business Development for Travelzoo Local Deals in North America. Mr. Savad will report to Mike Stitt, General Manager of Travelzoo Local Deals, and oversee all aspects of Travelzoo's merchant and commercial relationships in North America.
After starting Restaurant.com, Mr. Savad served in various roles for the company over the past decade, including Chief Financial Officer, Chief Operating Officer and Vice Chairman. Mr. Savad grew the Restaurant.com team to more than 120 professionals focused on establishing relationships with thousands of restaurants across North America. He played a critical role in developing a strategic relationship with Sysco, providing Restaurant.com access to thousands of restaurants across North America through the Sysco iCare program. Mr. Savad will continue to serve as a Director of Corporate Partnerships at Sysco iCare Marketing Inc.
"I am thrilled to partner with Steve as we continue to expand our coverage of high-quality Local Deals," said Mike Stitt, General Manager of Travelzoo Local Deals, North America. "Steve brings more than a decade of experience in the restaurant deals and voucher space and is an outstanding leader of people. It is an honor to have him join us at this early stage of our growth plan."
Mr. Savad graduated from Union College in Schenectady, NY, with a B.A. in Economics. He continued his studies at Brooklyn Law School. He resides in New York City with his wife and three children and will be based in Travelzoo's Madison Avenue headquarters.
Travelzoo Inc. is a global Internet media company. With more than 22 million subscribers in North America, Europe, and Asia Pacific and 23 offices worldwide, Travelzoo® publishes deals from more than 2,000 travel and entertainment companies. Travelzoo's deal experts review offers to find the best deals and confirm their true value. In Asia Pacific, Travelzoo is independently owned and operated by Travelzoo (Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with Travelzoo Inc.
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