Topica Inc. Promotes Carter Hostelley
to Post of CEO SAN FRANCISCO, Calif.
– August 18, 2003 – Topica Inc. today announced
the promotion of Carter Hostelley, formerly Senior Vice
President of Finance and Administration at Topica, to
the post of Chief Executive Officer. Hostelley succeeds
Anna Zornosa who is leaving for a senior management
position at Knight Ridder Digital. Hostelley’s
appointment is effective immediately.
Hostelley came to Topica in 2000 with over ten years
of experience in senior management, finance, business
development, and international operations. Prior to
Topica, Carter was Vice President of International Development
at SmartAge where he led efforts establishing a Japanese
joint venture with Softbank and also set up operations
in France and the U.K. Carter also served as Vice President
of Finance at SmartAge and was responsible for raising
over $50 million in venture-capital financing rounds.
His experience includes work in business development
at Ziff Davis, commercial lending at Wells Fargo Bank,
and financial analysis at Salomon Smith Barney. Carter
holds a B.B.A. degree from the University of Hawaii
and an M.B.A. from Cornell University.
“We are extremely pleased and very fortunate
to have someone of Carter’s proven track record
on board,” said Topica Board member Maurizio Caio,
who is Founder and Managing Partner of TLcom Capital
Partners. “His expertise and skills as a manager
will be of enormous help in defining the future success
of Topica. We’re convinced that under Carter’s
leadership, Topica’s market leadership will only
grow.”
Speaking of the contributions of Zornosa, he said,
“The board and employees extend a heartfelt thanks
to Anna Zornosa for her work in transforming the company
during her tenure and putting the company on sure ground
for growth and success.”
In commenting on the announcement, Ariel Poler, Chairman
of the Board and Co-founder of Topica, said: “Since
joining Topica, Carter has been a crucial player in
the growth and direction of the company. His promotion
reflects the confidence the board has in his energy,
intellect and vision.”
“I am extremely enthusiastic by the opportunity
to lead the next phase of Topica’s growth,”
said Hostelley. “I look forward to working with
our Board and employees in furthering our expansion
and in meeting the needs of customers.”
Over the last two years Topica has become a successful
supplier of business services, attracting thousands
of paying customers such as IBM Corp., The National
Geographic Society, eHobbies, Inc. and Hachette Publications.
A provider of email publishing and marketing solutions,
Topica has impressively grown its customer base and
revenues, and has achieved a true leadership position
in the industry.
About Topica, Inc.
Topica, Inc., San Francisco, CA., is the leading provider
of Web-based marketing solutions. Founded in 1998, the
company serves over 4,000 customers, including The National
Geographic Society, International Data Group (IDG),
IBM, Corp. and Hachette Publications. Firmly committed
to permission-based email, Topica is a member of TrustE,
the Email Services Provider Coalition of the
NAI (National Advertising Initiative), and a member
of the Internet Alliance. For more information on the
company, please visit www.topica.com.
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