Mimeo.com Announces CEO Succession
NEW YORK—February 27, 2013—Mimeo, the leading online printing and content distribution solutions company, announced today that Adam Slutsky has decided to step down as CEO and the board has unanimously elected John Delbridge as CEO in addition to his current responsibilities as president. Slutsky, who has led Mimeo to 25 percent annualized growth since becoming CEO in 2005, will remain at the company through a transition period and will continue to serve the company as a member of its board of directors.
Delbridge is a founding team member of Mimeo and has previously held positions including CFO, COO, and most recently president of the company. Delbridge played a critical role in transitioning the company from a U.S.-based startup to global leader and was instrumental in raising capital, driving Mimeo’s growth across each of its businesses and spearheading Mimeo’s expansion to Western Europe in 2011.
"The decision to move on at this time is made easy because of the keen intellect, broad experience, and dynamic leadership skills of John Delbridge. There is no question in my mind that John is going to take Mimeo to even greater heights,” noted Slutsky.
Delbridge also added that Mimeo’s future could not be brighter. “Adam has been a great leader and mentor. During his tenure we expanded our product set, service offerings, geographic presence and our front-end applications and digital print platform set the standard for the industry. I have no doubt that the innovations we have planned will continue to offer the speed, quality and value that our customer’s demand.”
Ross Goldstein, a Mimeo board member and managing partner of DFJ Gotham, a leading investor in Mimeo also said, “We thank Adam for all of his contributions to Mimeo as CEO over the last 8 years and are glad he will continue in his role as a member of the Board. We have watched John successfully manage nearly every area of the company over the past few years and we know Mimeo will continue to thrive under John’s leadership.”
About John Delbridge
John Delbridge is president and CEO of Mimeo.com Inc. Prior to helping found Mimeo, John served as a vice president in Equity Research at Salomon Smith Barney covering the PC and Enterprise Software sectors. His previous experience at Salomon Brothers included serving on the staff of the chief administrative officer. He currently serves on the Board of Directors of Venture for America, a fellowship program that places top college graduates in start-ups for 2 years in low-cost U.S. cities to generate job growth and train the next generation of entrepreneurs. John holds a MBA from the Stern School of Business at New York University and a Bachelor of Science degree in Industrial Engineering from Rensselaer Polytechnic Institute.
Mimeo is the innovator of online, on-demand cloud printing services. Over 8,000 companies and schools rely on Mimeo's award winning document management tools and content delivery solutions to lower document related costs while improving employee productivity. The company was founded in 1998 and operates digital print facilities in both the United States and the United Kingdom. Investors include Draper Fisher Jurvetson, DFJ Gotham, Goldman Sachs (GS), Harbourvest and Hewlett Packard (HP).