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United Online Names Francis Lobo CEO - Quick Facts

United Online, Inc. (UNTD) Thursday said Francis Lobo would become President and Chief Executive Officer of the company and a member of its Board of Directors on November 5.

Lobo has served in various executive roles at AOL over the past nine years, and was most recently the President of AOL Services.

Mark Goldston, Chairman, President and CEO of United Online, will be leaving the company upon completion of the spin off of FTD Companies (FTD) on November 1.

After completion of the spin off, United Online will appoint Howard Phanstiel as its non-executive Chairman of the Board of Directors. Phanstiel has been a director of United Online since October 2008, and serves as the Chairman of the Audit Committee.

The management of FTD Companies after the spin off will be led by Robert Apatoff as the President and Chief Executive Officer of FTD Companies. FTD Companies will appoint Robert Berglass as its non-executive Chairman.

by RTTNews Staff Writer

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