Foster City, CA - November 16, 2010

Google Executive Joins Rearden Commerce as Chief Products Officer

Paul Todd led product strategy for Google's travel products, Google Comparison Ads, and Google Campaign Insights

Rearden Commerce, developer of an Internet services platform, today announced the appointment of Paul Todd as Chief Products Officer, responsible for defining and implementing the company's product strategy across all of its existing and emerging service areas.

Before joining Rearden Commerce, Paul was a Product Management Director with Google, where he developed product strategy and brought products to market in several key areas. One of those areas was Google's travel advertising efforts, where he launched a new hotel data and advertising model. He was one of the key leaders in the $700M acquisition of ITA Software. He also led Google Comparison Ads, an innovative new model for Google, which uses complex commercial data to create direct user offerings. In addition, Paul led several other areas at Google, including the development and launch of Campaign Insights, an innovative advertising product suite that fundamentally changes how marketing ROI can be measured.

Prior to Google, Paul was a Partner with McKinsey & Company, where he led the North American high-tech strategy practice. Paul was a counselor to senior executives of several leading technology and media businesses, and a recognized expert in online services, competitive strategy development and performance management. In the course of his ten years with McKinsey, he was based in the London, San Francisco and Seattle offices, where he led or contributed to over 50 client engagements across Europe, North America and the Far East. His experience covered online services, consumer and media industries, growth/business strategy, organization development and sales and marketing.

Before joining McKinsey, Paul had several engineering management and project management roles with ICI PLC, one of the UK's leading industrial companies.

According to Paul, "Rearden Commerce represents the perfect storm. It's a great product built on differentiated technology, it has rapidly accelerating traction in the marketplace, and has proven industry leaders across all functions. I am very excited to work with these professionals to build an Internet services business that fundamentally changes the way users and employees experience e-commerce."

Paul holds an M.A. in Engineering from Cambridge University in the UK, where he was awarded a Full Blue in soccer. He is also a Chartered Engineer in the UK. He lives in Los Gatos with his wife and two young daughters.