Blue Nile CEO Joins Wine.com Board
SAN FRANCISCO, CA - 8/8/2007 - Wine.com, the nation's #1 online wine store,
has appointed Blue Nile CEO and Founder Mark Vadon to its board of directors.
Blue Nile (Nasdaq: NILE), is the leading online retailer of high-quality diamonds
and fine jewelry. Vadon co-founded Blue Nile in 1999 and led the company
through an initial public offering in May 2004. Before Blue Nile, he was a
consultant with Bain & Company. He holds a B.A. from Harvard University and
an M.B.A. from Stanford University.
"Mark has done an extraordinary job building Blue Nile into a major, publicly
traded e-commerce leader," said Rich Bergsund, CEO of Wine.com. "There is no
one better qualified to help Wine.com grow profitably in the months and years
"I've been a Wine.com customer for some time, and I've found their combination
of information and online tools to be compelling," said Vadon. "I'm excited to help
Rich transform Wine.com into a leading online retailer."
about Blue Nile, Inc.
Founded in 1999, Blue Nile is the leading online retailer of diamonds and fine jewelry. It has built
a well respected brand by providing consumers with a better way to buy diamonds and fine
jewelry. Blue Nile has established some of the highest quality standards in the industry and
provides consumers with in-depth educational materials and unique online tools that place
consumers in control of the jewelry shopping process. The Blue Nile websites showcase
thousands of independently certified diamonds and fine jewelry at prices significantly below
traditional retail. Blue Nile can be found online at www.bluenile.com, www.bluenile.ca and
www.bluenile.co.uk. Blue Nile's shares are traded on the Nasdaq Stock Market LLC under the
Wine.com is the nation’s #1 online wine retailer, offering thousands of wines, wine gifts, gift
baskets and monthly wine clubs. Wine.com’s mission is to be the ultimate resource for the wine
enthusiast, whether shopping for themselves or se