IAC announced that Mike Sorabella has been named Chief Executive Officer of Shoebuy.com, Inc. In this role, Mr. Sorabella is responsible for the strategic and operational oversight of all of the Shoebuy brands, including Bagsbuy.com and Outletsbuy.com. Mr. Sorabella served as the Chief Financial Officer for Shoebuy for six years. Mr. Sorabella succeeds Scott Savitz, the previous CEO of Shoebuy who is leaving after more than 12 years at Shoebuy. Mr. Sorabella's appointment is effective immediately. Mr. Sorabella served for six years as the Chief Financial Officer of Shoebuy.com and successfully led the due diligence, sale process and integration of the transaction with IAC in 2006. Prior to joining Shoebuy.com, Mr. Sorabella was Group Manager within FleetBoston Financial's derivatives business. Mr. Sorabella also previously served as Chief Financial Officer and Chief Operating Officer at Bonaire Software Solutions, LLC. Preceding his work at Bonaire Software, Mr. Sorabella was Director of European Treasury for BankBoston.

Shoebuy.com, Inc. Presents at Internet Retailer Conference 2011, Jun-17-2011 01:15 PM. Venue: San Diego Convention Center, 111 West Harbor Drive, San Diego, CA 92101, United States. Speakers: James Keller, CMO.