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Register.com Extends Contract with David L. Moore

 

By Derek Iwasiuk
DomainInformer.com
August 05, 2005

Register.com, Inc. (www.registe.com) announced that its board of directors has extended the Company's employment agreement with David L. Moore, the Company's Interim Chief Executive Officer.

"David's leadership has been beneficial as we seek to maximize shareholder value by considering the strategic alternatives available to the Company," said Mitchell I. Quain, Chairman of the Board of Directors of Register.com. "We are very pleased that he has agreed continue in his role as Interim CEO."

"I am pleased to continue leading Register.com as we go through the process of considering strategic alternatives," said Mr. Moore. "I am focused on creating efficiencies in the business during this transitional time."

Register.com is continuing its search for a permanent CEO. Mr. Moore's amended agreement may be terminated by the Company or Mr. Moore on 30 days' prior notice. Further details about the agreement are available in the Form 8-K filed by the Company today.


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