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Published on: 3/16/2007
Last Visited: 3/16/2007
Jonathan B. Bulkeley
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Jonathan B. Bulkeley
Mr. Bulkeley is the Non Executive Chairman of QXL Ricardo, PLC (LSE: QXL).He has been Non Executive Chairman of QXL since it's inception in 1998.He also currently serves on several other public and private company Boards.
From February 2001 to October 2001, Mr. Bulkeley served as Chairman and Chief Executive Officer of Lifeminders (NASDAQ: LFMN).Mr. Bulkeley had been a member of the Lifeminders Board and came in operationally when the Board removed the CEO/Founder.At the time, Lifeminders was a troubled internet business with plenty of cash, but a failing business model.Mr. Bulkeley quickly evaluated the situation and reduced the operating expenses from $27 million per quarter to $5 million per quarter within two quarters.The company also announced it would either liquidate or find a buyer for the company.In October 2001, Lifeminders was sold to Cross Media Marketing (AMEX: XMM) for $68 million, a significant premium to the cash value of the business.
Prior to Lifeminders, Mr. Bulkeley was the Chief Executive Officer of barnesandnoble.com and was responsible for bn.com's IPO, which at the time was the largest Internet IPO in history.Bn.com sales grew from $71 million to over $200 million during his tenure.
Prior to barnesandnoble.com, Mr. Bulkeley was managing director of America Online's (AOL) joint venture with Bertelsmann Online in the United Kingdom (UK).Appointed in July 1995, Mr. Bulkeley moved to the United Kingdom to create AOL's European operations.Over the next three years, AOL-UK became the UK's top online provider with 600,000 subscribers, $150 million in sales and $30 million in Net Income.Previously, he was vice president of business development at AOL in the United States, responsible for the development of new revenue streams, primarily advertising and e-commerce transactions.Under Mr. Bulkeley's direction in 1994-95, AOL launched the first programs to attract both advertisers and direct marketers to the company.Prior to business development, he was general manager of media, in charge of the development and production of all AOL media partnerships.AOL's partnerships in 1993-94 with companies like Time Inc, ABC, Disney and 75 others were a key ingredient to AOL's ultimate dominance of the US market.
Before joining AOL in 1993, Mr. Bulkeley spent eight years at Time Inc. in a variety of roles, including director of marketing and development for Money magazine for three years.
Mr. Bulkeley is currently on the Board of Directors of Milliken & Co., The Readers Digest Association (NYSE: RDA), QXL Ricardo PLC (LSE: QXLC), Edgar Online (NASDQ: EDGR), Excelsior Buyout Fund of Funds and Excelsior Absolute Return Hedge Fund of Funds.He serves as Chairman of the Audit and Compensation committee for QXL, as a member of the Audit, Finance and Corporate Governance committee for Reader's Digest and as a member of the Audit, Corporate Governance and Compensation committee for the Excelsior Fund of Funds.
In addition, Mr. Bulkeley serves on the Advisory Boards of three venture capital funds, JEGI Capital (an affiliate of The Jordan, Edmiston Group, Inc.) in New York, Elderstreet Capital Partners in London and Jerusalem Global Venture Partners in Israel.
Mr. Bulkeley has served previously as Chairman of Lifeminders, Chairman of Logikeep, Non Executive Vice Chairman of Edgar Online (NASDQ: EDGR), Chairman of Rocket Networks and Chairman of the Yale Alumni magazine and on the Boards of Global Commerce Zone, Instant DX, Cross Media Marketing Corp (AMEX:XMM) and the Hotchkiss School.
In 1999, Mr. Bulkeley was nominated to the World Economic Forum in Davos as a Global Leader for Tomorrow and in 2000 the World Economic Forum named him one of the top 100 technology pioneers of the year.
Mr. Bulkeley is a 1982 graduate of Yale University in African Studies, something his parents questioned at the time.Mr. Bulkeley and his wife, Maura, spend much of their time loving and keeping track of four children: India; Hunter; Briggs; and Gardner.