New President for Stamps.com
Kyle Huebner has been appointed President of Stamps.com, the provider of postage online and shipping software solutions. In a statement issued yesterday (2 August), Stamps.com also announced that Jeff Carberry has assumed the role of Chief Financial Officer and JR Veingkeo is now Chief Accounting Officer.
Previously, Kyle Huebner served as Co-President and Chief Financial Officer, Jeff Carberry served as VP of Finance, and JR Veingkeo served as VP of Accounting.
In addition, Stamps.com is announcing James Bortnak’s departure from his role as Co-President and Corporate & Business Development Officer. Bortnak will continue to work with Stamps.com as a consultant.
“I’d like to congratulate Kyle, Jeff and JR for their promotions,” said Ken McBride, Stamps.com’s chairman and CEO. “In addition, I’d like to thank Jim for his 17 years of service and significant contributions at Stamps.com and we look forward to continue working together.”
Meanwhile, Stamps.com also reported yesterday that its total revenue for the second quarter (Q2) ended 30 June was $116.1 m, up 38% compared to $84m for Q2 2016.
“We are very pleased with the continued strength of our financial performance this quarter,” said Ken McBride, Stamps.com’s Chairman and CEO. “In addition to our strong revenue and earnings growth during the second quarter, we reached our highest level of paid customers and average revenue per paid customer, we saw continued strong growth in our shipping business areas, and we experienced strong contributions from all of our subsidiaries.”
