CHICAGO (CelebrityAccess MediaWire) –TicketsNow has appointed Cheryl Rosner as the company’s new president and chief executive officer. She will be responsible for the overall management and direction of the company. Mike Domek, who founded TicketsNow in 1992 and previously served as CEO, will remain as chairman.
“We are extremely pleased to welcome Cheryl to TicketsNow,” said Domek. “She has a proven track record as an accomplished corporate leader, successfully growing two of the top online travel businesses in the country. I look forward to continuing in my role as TicketsNow chairman and working directly with Cheryl to create strategies that will drive TicketsNow to the leadership position in the industry.”
Rosner will work closely with Domek and other members of the executive team in developing strategies that will produce new offerings for consumers and foster future business growth. “I am very excited about joining TicketsNow and helping the company reach its full potential,” she said. “TicketsNow currently enjoys a strong position in the industry, and I am honored to be leading the team that will achieve even greater success for TicketsNow.”
Rosner was instrumental in leading both Expedia Corporate Travel and Hotels.com to unprecedented success. While serving as president of Expedia Corporate Travel from 2005-2006, she directed the group to consistent profitability including the successful launch of two new international divisions in Canada and Germany. She worked at Hotels.com from 1999-2005 in a number of executive capacities including business development, supplier relations, marketing and sales prior to becoming president of the company in 2003. Her key accomplishments at Hotels.com include the successful launch of the company’s consumer web site in 2002 leading it to become the 6th most-visited travel site 60 days after launch, creation and development of the company brand strategy and award-winning advertising campaign.
TicketsNow has had a very active year and a half to date. In April, the company closed on its first round of institutional funding by raising $34 million from a series of venture capital firms. The company recently was named to Crain’s Chicago Business’ Fast Fifty and was a finalist in the prestigious Red Herring 100 award.
“Cheryl’s solid experience in leading burgeoning companies, including her participation in Hotels.com’s successful IPO in 2000, will serve to further accelerate TicketsNow’s extraordinary corporate growth,” said Matthew Crisp, a general partner at Adams Street Partners and member of the TicketsNow Board of Directors. “We are anxious to begin working closely with Cheryl to continue to set and accomplish our strategic goals for the company.”
Also last year, TicketsNow entered into exclusive relationships with several professional sports franchises and collegiate athletic teams including the Baltimore Ravens, Jacksonville Jaguars, University of Louisville, Arizona State University, Texas Christian University, and Princeton University. Additionally, TicketsNow was again named to the Inc. 500 index of the fastest-growing privately held companies in the U.S, the second time in three years the company has been so honored.
–Bob Grossweiner and Jane Cohen