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TheStreet Open House

Move, Inc. Announces The Appointment Of Rachel Glaser As Chief Financial Officer

CAMPBELL, Calif., Dec. 28, 2011 /PRNewswire/ -- Move, Inc. (NASDAQ: MOVE), the leader in online real estate, today announces the appointment of Rachel Glaser as Chief Financial Officer, effective January 4, 2011.

(Photo:  http://photos.prnewswire.com/prnh/20111228/LA27724)

(Logo:  http://photos.prnewswire.com/prnh/20080213/MOVEINCLOGO)

Glaser brings 25 years of senior operations and financial experience to Move, most recently as chief operating officer and chief financial officer of MyLife.com. She previously held senior positions at Yahoo! Inc. and The Walt Disney Company. Glaser will oversee corporate finance, accounting and investor relations. She will report to Move's chief executive officer, Steve Berkowitz and will be based at Move's corporate headquarters in Campbell, CA.

"We were impressed with Rachel's experience in leading financial transformations. She truly understands the complexities of both traditional and online businesses," said Steve Berkowitz, chief executive officer of Move. "Her dynamic leadership mixed with her strong financial philosophy will be a tremendous asset to Move's management team."

During her tenure at MyLife.com, Glaser led the finance and business operations teams to achieve a significant growth in revenue and to help bring the company to profitability.  At Yahoo!, Glaser was the senior vice president of finance responsible for the company's business unit operational finance teams and the Corporate Forecasting, Planning and Analysis group.  At The Walt Disney Company, Glaser held finance and operations roles in many divisions of the company, including roles at Walt Disney Studios, Corporate Operations Planning group and in Disney Consumer Products.  While in Consumer Products, in addition to finance and planning roles, she focused on technology strategy and implementation, acquisition integration and global business optimization.  Glaser also serves on the board of directors for Sport Chalet, Inc.

"Move has assembled a unique and valuable set of assets that are unequalled in the industry," said Glaser. "I am extremely excited and proud to be joining the fantastic management team that Steve has assembled at Move and working together to drive growth in revenue and enterprise value."

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