This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Geeknet Elects Kenneth G. Langone Chairman Of The Board Of Directors

MOUNTAIN VIEW, Calif., July 8, 2010 (GLOBE NEWSWIRE) -- Geeknet, Inc. (Nasdaq:LNUX), the online network for the global geek community, today announced that Kenneth G. Langone has been elected Chairman of the Board of Directors. Robert M. Neumeister, Jr., who has been serving as Chairman since December 2007, will remain on the board as a Director.

"We are fortunate to have Ken joining us at Geeknet," said Scott L. Kauffman, President and Chief Executive Officer.  "His experience, wisdom and tremendous business acumen will serve us well as we continue to grow our ecommerce and media businesses."

Mr. Langone is the founder and, since 1974, has been Chairman of the Board, Chief Executive Officer and President of Invemed Associates, LLC, a New York Stock Exchange firm engaged in investment banking and brokerage.  He is a co-founder of The Home Depot, Inc. and was a director and member of the executive committee of its board for 30 years. He also serves on the boards of YUM Brands and Unifi, Inc.

In addition to his business affiliations, Mr. Langone's extensive philanthropic endeavors include serving as the Chair of the Board of Trustees of the NYU Langone Medical Center. Mr. Langone is also the Chairman of the Promise Academy, a charter school in New York City, and serves on the boards of The Ronald McDonald House of NY, Robin Hood Foundation, CSIS, The Medal of Honor Foundation and the Harlem Children's Zone.

"I am delighted to be joining the Geeknet team," said Langone. "The company has tremendous potential and is at an important stage in its growth. I look forward to contributing to the success of this innovative and forward thinking company."


Geeknet is the online network for the global geek community. Our sites include SourceForge, Slashdot, ThinkGeek,, Ohloh and freshmeat. We serve an audience of nearly 44 million users* each month and provide the tech-obsessed with content, culture, connections, commerce, and all the things that geeks crave. Want to learn more? Check out

The Geeknet, Inc. logo is available at

(*June 2010 Unique Visitors 43.9M. Source: Google Analytics and Omniture) Geeknet, SourceForge, Slashdot, ThinkGeek,, Ohloh and freshmeat are trademarks of Geeknet, Inc. All other trademarks or product names are the property of their respective owners.

CONTACT:  Airfoil Public Relations
          Geeknet Media Contact: 
          Tracey Parry 
          (650) 691-7302

          The Blueshirt Group
          Geeknet Investor Relations Contact:
          Todd Friedman 
          Stacie Bosinoff 
          (415) 217-7722

Geeknet, Inc.

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 18,053.71 +23.50 0.13%
S&P 500 2,088.77 +6.89 0.33%
NASDAQ 4,806.8590 +33.3870 0.70%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs