Oct. 5, 2012
ViSalus today announced that internet entrepreneur
was elected to its Board of Directors. Mr. Riley joins the ViSalus Board with over 13 years of experience at Yahoo!, Inc. (NASDAQ: YHOO) where he was the Executive Vice President of the Americas Region. During his time at Yahoo!, Mr. Riley held several positions and was responsible for the successful turnaround of
when he managed the
region, where he oversaw sales, marketing, editorial, content and business development. In 2006, he was a Yahoo! Superstar Award Winner, which is a global award given to the highest performing Yahoo! employees.
Mr. Riley previously was the co-founder and managing member of an internet start-up company that developed and patented what is today the Yahoo! Toolbar and which was acquired by Yahoo! in 1999. In
, Riley was named "One to Watch" in 40 under 40 (Fortune Magazine); according to Fortune (magazine), those listed are 'the hottest young stars in business across the globe.'
Mr. Riley graduated with a Bachelor of Economics from the Wharton School of the
University of Pennsylvania
and currently serves on the Wharton Entrepreneurial Advisory Board. He is also a member of the Young Presidents Organization.
, ViSalus's Chief Executive Officer, stated, "Rich's appointment to the Board will provide ViSalus with the support of an internet pioneer as we continue to deepen our relationship with our customers and promoters across social and technological platforms to drive increased growth. Rich also has extensive public company experience as an executive at a Fortune 500 Company. We look forward to his counsel."
Mr. Riley commented, "I am very excited to join the ViSalus board. It is a time of remarkable growth for the company, and I look forward to applying what I've learned in more than 15 years of operating internet businesses and managing high growth environments to add to the continued success of this brand."