TravelShark CEO jumps (from) the shark

August 1, 2012 By Leave a Comment

A year on from securing a $5 million funding round, TravelShark CEO Sue Heilbronner has quit the company for a new role with a payment system provider.

Heilbronner’s exit to become chief revenue officer at PaySimple has led to the swift instalment of Toma Bedolla as CEO after he consulted with the company during late-2011.

The departure of the CEO of the travel site network provider follows that of content manager Brian Naslund in June this year.

TravelShark secured its investment round in June 2011 from DLA Holdings, a Singapore-based private equity firm, bringing its total investment at that stage to $8 million.

Since the capital raise, the most notable development at the TravelShark was the acquisition of the assets from failed European travel destination events startup, Joobili.

Bedolla says:

“Obviously we’re working towards a smooth transition for the team here in Boulder. Sue Heilbronner was a big part of this team and any transition leadership is always an important time.”

Heilbronner declined to comment in detail, only to confirm her departure from the company and appointment of Bedolla.

The new CEO, once a professional golf caddy, is also currently interim CEO of Approbatics.

NB: Shark jump image via Shutterstock.

Related posts:

  1. Travelshark tries to add more bite with $5M funding round
  2. Swiftrank admits brand name is rubbish, changes to TravelShark
  3. Joobili almost back from the deadpool, finds buyer for assets with sale to TravelShark
Filed Under: News Tagged With: , , , , , , , , , ,
Kevin May About Kevin May

Kevin May is editor of Tnooz. He joined as a co-founder in August 2009 after spending nearly four years as editor of UK-based business publication Travolution.

Passionate about the business of travel and the internet, Kevin played a major role in establishing Travolution in print, online, events and with an annual awards programme, as well as becoming a regular speaker and moderator at industry events.

Prior to Travolution, Kevin was web editor at Media Week (UK) and also worked in regional newspapers for two years at the Essex Enquirer. He started his career in journalism at the Police Gazette at New Scotland Yard in London.

Speak Your Mind

*