ITEX Corporation (OTCBB: ITEX), a leading marketplace for cashless
business transactions in North America, has augmented its management
team with veteran executive Steve Savad, who assumed the position of
Director of National Partnerships. Savad co-founded Restaurant.com
in 1999 and earlier this year departed from day-to-day management.
He will lead the strategy in executing cooperative agreements with
national companies who have a base of small business clientele.
“Steve Savad and I were introduced to each other in January and have
shared several motivating conversations on partnership strategies
over the past couple months,” said ITEX CEO Steven White. “Steve’s
energy is contagious. He has a proven record of developing an
enterprise and executing high client growth. His talents will be
utilized to execute our strategy of partnering with specific
organizations to create more members within our trading community.”
Prior to his association with ITEX, Savad spent nine years building
and running Restaurant.com. Through his efforts their team grew to
over 160 people and partnered with more than 8,000 restaurants
across the country. In 2007 alone, the company’s program helped fill
millions of empty tables for the industry.
Cameron Johnson, ITEX Business Development Specialist, said the
Savad appointment will advance ITEX’s strategy of adding new small
businesses to its existing membership base. “Steve’s experience is
expected to help make our ITEX member registration program more
successful by bringing strategic focus to our efforts to increase
member registrations through national partnerships.”
For more information go to
www.itex.com.
