Tuesday, January 10, 2006
IAB Elects New Board of Directors and Executive Committee

Forbes.com, President & CEO, Jim Spanfeller Named as IAB Chairman

New York, NY (January 10, 2006) The Interactive Advertising Bureau (IAB) announced today that it has elected new members to its Board of Directors and its Executive Committee. Board members serve a three-year term and Executive Committee members serve a one-year term. Jim Spanfeller, President and CEO, Forbes.com, has been elected Chairman of the IAB for 2006.

While interactive advertising has rightly exploded over the past few years, its imperative that we continue to work harder and smarter in an effort to accelerate further growth and accommodate the demands of marketers and consumers, said Jim Spanfeller, President and CEO, Forbes.com. The IAB and outgoing Chairman, Steve Wadsworth have done a tremendous job and I look forward to working with the IAB Board in driving the industry to fulfill and exceed on its promise and expectations.

The IAB, its members, and I are extremely grateful to Steve Wadsworth, for his unwavering commitment and leadership during his tenure. We are fortunate to have another great leader as Jim Spanfeller takes over as chair of the IAB for 2006, said Greg Stuart, President and CEO of the IAB.

2006 IAB Executive Committee:

Jim Spanfeller, Forbes.com - Chairman

  • Steve Wadsworth, Walt Disney Internet Group - Chairman Emeritus
  • Shelby Bonnie, CNET Networks
  • David Moore, 24/7 Real Media
  • Tim Armstrong, Google
  • Michael Barrett, AOL Media Networks
  • Joanne Bradford, MSN
  • Wenda Harris Millard, Yahoo!
  • Martin Nisenholtz, New York Times Digital
  • Greg Stuart, IAB President
  • Rich LeFurgy, Archer Advisors Founding Chairman

It is a great pleasure to work with these exceptional executives across all segments of the Interactive industry as part of the IAB Executive Committee and IAB Board for the next three years. It is clear that more and more marketers have embraced Interactive as an essential medium to reach and engage their consumers in more relevant and immersive brand experiences. We look forward to continuing this momentum together into 2006 to further reinforce Interactives pivotal role in the marketing mix, said Stuart. The IAB Board is integral to our ability to implement real and sustainable change within the industry, and there is no better group of executives with whom I have more confidence in helping us make this happen.


New IAB Board Members:
Eric Chandler, Verizon Information Services
Paul Gardi, InterActiveCorp
Dave Madden, Wild Tangent
Dave Yovanno, ValueClick Media

Re-Nominated Board Members:
Tim Armstrong, Google
Joanne Bradford, MSN
Scot McLernon, CBS Digital
Matt Moog, Q Interactive
Jeff Webber, USA Today


Current Board Members:
Michael Barrett, AOL
Shelby Bonnie, CNET Networks
Sarah Chubb, CondNet
Gary Dillabough, eBay
Scott Ferber, Advertising.com
Joe Fiveash, Weather Channel Interactive
Mitch Golub, cars.com
David Hills, Looksmart
Randy Kilgore, Dow Jones Online
Caroline Little, Washingtonpost.Newsweek Interactive
Wenda Harris Millard, Yahoo!
David Moore, 24/7 Real Media
Peter Naylor, iVillage
Martin Nisenholtz, NY Times Digital
Javier Saralegui, Univision Online
Jim Spanfeller, Forbes.com
Steve Wadsworth, Walt Disney Internet Group
Rich LeFurgy, Founding Chairman

The Nominations Committee nominates the board members who are then voted on by the IAB General Members. The IAB Board has also selected Bruce Gordon, CFO, Walt Disney Internet Group to serve as Treasurer.

ABOUT IAB

Founded in 1996, the Interactive Advertising Bureau (IAB) represents leading interactive companies that are actively engaged in, and support the sale of interactive advertising. IAB boasts over 200 members that are responsible for selling over 86% of online advertising in the United States. On behalf of its members, the IAB evaluates and recommends standards and practices, fields interactive effectiveness research and educates the advertising industry regarding the use of interactive advertising. For more information, please visit www.iab.net.

IAB Media Contact:

Lynn Trono

212.380.4707

[email protected]