SAN FRANCISCO, Feb 05, 2008 (BUSINESS WIRE) -- CNET Networks, Inc. (Nasdaq:CNET) today announced that Zander
Lurie, CNET Networks' senior vice president of strategy and
development, will be appointed Chief Financial Officer of the Company
commencing on March 7, 2008. Mr. Lurie will replace George E.
Mazzotta, who is resigning as Chief Financial Officer as of that date.
In this role, Mr. Lurie will oversee finance, investor relations,
planning, and corporate development. He will report to CNET Networks'
Chief Executive Officer, Neil Ashe.
"We are fortunate to have such a qualified individual as Zander
take this role," said Neil Ashe. "Zander's industry knowledge,
business background and strategic planning experience complement the
deep expertise of our existing finance team. Zander will continue to
execute against our business strategy as well as maintain our
financial and fiscal discipline."
Prior to joining CNET Networks in 2006, Mr. Lurie was a vice
president of investment banking at JPMorgan in New York and San
Francisco where he led the firm's equity and M&A efforts in the
Internet sector. Mr. Lurie holds a law degree and an M.B.A from Emory
University, and a B.A. in Political Science from the University of
Washington.
Mr. Mazzotta, who joined CNET Networks in 2005, has made important
contributions to the company. He has reshaped and strengthened the
company's finance and enterprise IT organizations, and established key
processes for financial planning and control. Significantly, he also
led the company's internal response to its stock option investigation.
"George has been a valuable member of the team and a trusted
advisor to me personally," said Mr. Ashe. "He fulfilled his commitment
to help the company navigate through our stock option investigation
and build a world class finance organization capable of supporting our
company's business strategy and future growth. We thank George for his
many contributions and wish him all the best in his future endeavors."
"It has been a pleasure to serve as CNET Networks' CFO and to have
the opportunity to work with such a talented team of professionals,"
said George Mazzotta. "I am confident that the company will continue
to prosper under Neil's leadership."
About CNET Networks, Inc.
CNET Networks, Inc. (Nasdaq:CNET) is an interactive media company
that builds brands for people and the things they are passionate
about, such as gaming, music, entertainment, technology, business,
food, and parenting. The Company's leading brands include BNET, CHOW,
CNET, GameSpot, and TV.com. Founded in 1992, CNET Networks has a
strong presence in the US, Asia, and Europe.
SOURCE: CNET Networks, Inc.
CNET Networks, Inc.
Sarah Cain, 415-344-2218 (Media)
Sarah.cain@cnet.com
or
Nicole Noutsios, 510-451-2952 (Investor)
nicole@nmnadvisors.com
