TheLadders.com Adds to Management Team Strength; Names Robert R. Price From Buy.com as CFO

TheLadders.com, the online service for $100k jobs, today announced that Robert R. Price has joined the company as Chief Financial Officer. Price will be a key contributor in the strategic growth and development of the company, leveraging his extensive financial expertise to provide fiscal leadership and insight, enabling TheLadders.com to continue to expand at a rapid pace.

Price, formerly the CFO at Buy.com, brings over 30 years of experience in strategic planning, corporate finance, accounting, and investor relations, and has successfully led the financial operations for both public and private companies. He has overseen the development of multiple businesses in varying stages of growth, ranging from start-ups to established corporations expanding internationally.

ìRob is one of those rare executives who has successfully navigated the start-up landscape and has also thrived as a leader in companies with revenue in the hundreds of millions,î said Marc Cenedella, president and CEO of TheLadders.com. ìHis ability to manage an organization at any stage of its development is a major asset. Weíll tap into his expertise as TheLadders.com continues to undergo fantastic growth.î

Price was responsible for Buy.comís overall financial strategy, corporate planning and controls, human resources and investor relations. In 2001, he successfully led the e-commerce companyís restructuring and strategic initiative to move from public to private ownership. Since then, he played a key role in this $400 million companyís development, overseeing and refining its business model and positioning it for growth and profitability.

Prior to joining Buy.com, Price spent five years in several key leadership roles at PairGain Technologies, Inc., a publicly held telecommunications equipment manufacturer. As Senior Vice President and Chief Financial Officer, he was directly involved in the companyís merger with ADC Telecommunications, a transaction valued at $2.9 billion, and the sale of the companyís micro electronics group to Globespan, a transaction valued at more than $300 million. As PairGainís Vice President and Corporate Controller, Price lead the development of its financial reporting, accounting and control processes and systems, and helped to establish the companyís subsidiaries in Brazil and Switzerland, as well as representative offices in Hong Kong and China.

Before PairGain, Price served as Corporate Controller at Triconex Corporation, a newly public company, leading the implementation of the processes and controls necessary to meet the requirements of a public companyís financial reporting and accounting operations. Price was also directly involved in Triconexís MandA activities and helped to establish subsidiaries in Singapore and the U.K. as well as a representative office in Dubai. Price previously spent eight years in financial management roles at publicly and privately held companies, and 10 years in public accounting, both as an auditor and tax consultant.

ìTheLadders.com has, by far, one of the most attractive business models in its space,î said Price. ìThe company is poised for incredible growth and Iím excited to be joining the management team and play an important role in helping to establish the strategy to allow the company to achieve even greater financial success.î