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LOS ALTOS, CA - October 1, 2008 - TravelMuse, Inc., creators of TravelMuse.com, the online destination for finding inspiration, planning trips and booking travel, today announced Russ Lemelin has joined the company in the position of chief financial officer (CFO). In his role as CFO, Lemelin will lead finance, revenue expansion and corporate development for the company.
“Given his extensive financial experience and his proven ability to scale companies from start-up to mature, profitable businesses, Russ is the ideal person to concentrate on TravelMuse’s financial operations and business development,” said Kevin Fliess, CEO of TravelMuse, Inc. “Russ has a deep understanding of our business and joins as an integral member of the TravelMuse management team as we execute on our goals to provide the industry’s most integrated, travel planning experience.”
“Online travel is one of the largest and, at the same time, one of the most rapidly changing categories online,” said Russ Lemelin, CFO of TravelMuse, Inc “The TravelMuse team has the winning combination of innovation and sound business sense. I look forward to my role as CFO and the opportunity to join the team as we grow the company and continue to deliver innovative solutions that change the way consumers think about online travel.”
Lemelin, the former interim CEO and CFO of SideStep, Inc.—the Internet’s first travel search company—joined SideStep at the idea stage and successfully built it into one of the Internet’s leading travel sites. SideStep was acquired for approximately $200 million. Prior to SideStep, Lemelin oversaw corporate development at Komag, Inc., where his responsibilities included strategic planning and corporate finance. Before Komag, Lemelin was a management consultant with Ernst & Young’s Financial Advisory Services group where he focused on corporate restructuring and reorganizations. Lemelin holds a bachelors degree from California Polytechnic State University and a joint J.D./M.B.A. from the University of San Diego.
An avid traveler, Lemelin enjoys sharing travel experiences and creating lifetime memories with his wife and three young children.
Headquartered in Los Altos, Calif., TravelMuse.com is the online destination for finding inspiration, planning trips and booking travel. Visitors can peruse weekly articles written by seasoned writers, use the industry’s first Inspiration Finder™ to discover destinations, create trip plans via the TravelMuse Planner, and make air, hotel, car, cruise and package reservations though a comprehensive booking engine. (Reservations made on TravelMuse.com are powered by World Choice Travel, a division of Travelocity.com LP, a Sabre Holdings company.) The company has raised more than $3 million in funding from Azure Capital Partners and California Technology Ventures.
Editors’ Note: - Russ Lemelin is available for media interviews upon request. Digital headshot is also available.
Copyright © 2008 TravelMuse, Inc. All rights reserved.