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Deals and People December 21, 2009
eRollover Names First CEO
December 21, 2009 (PLANSPONSOR.com) – eRollover, which describes itself as a destination for retirement planning, education and analysis, has named Tim Harrington as the company’s first Chairman and Chief Executive Officer.
Reported by Nevin E. Adams
Harrington was formerly President and CEO of Fogdog Sports, guided the firm through its initial public offering (IPO), and then completed a merger with GSI Commerce “to ensure Fogdog’s long-term viability,” according to the announcement. He began his career at IBM, where he rose to Chief Operating Officer of IBM’s Educational Division. Most recently, he was the founder and co-owner of Armor Gear LLC, a consumer products company specializing in high-quality travel gear.
Atlanta-based eRollover allows people to “manage, connect, learn and share information about retirement planning through a social media community in a financial services vertical,” according to the press release.
“As we rebound from this challenging economy, nothing is more important to consumers now than planning for their long term security,” Harrington said in the press release. “This is a perfect opportunity to utilize my background in financial planning and online services to help make eRollover the trusted web source for retirement planning information.”
eRollover was formed in 2008 as a Web 2.0 platform that “provides self-help methods to facilitate 401(k), 403(b), 457, or IRA rollovers,” according to the firm. An eAggregator will allow people to consolidate multiple retirement fund accounts onto one, automated online platform. For more information, visit www.erollover.com.