Network Solutions announced that Chairman and Chief Executive Officer Champ Mitchell and the Company’s Board of Directors have appointed W. Roy Dunbar to succeed Mr. Mitchell as Chief Executive Officer, and Mr. Mitchell will continue with the Company as Chairman of the Board. Mr. Dunbar joins Network Solutions from MasterCard Incorporated, where he was President of Global Technology and Operations.
Mr. Mitchell said, “The Board of Directors and I are very pleased that Roy is joining Network Solutions to lead our long-term growth. It was clear to us that bringing an executive of Roy’s talent and experience to Network Solutions at a time when our business is strong and we are successfully executing our growth strategies will help propel Network Solutions on its growth trajectory. He has proven leadership experience and expertise in technology and sales. I look forward to this new chapter in the history of our Company, and to working with Roy and the Board to build on our significant accomplishments.”
Mr. Dunbar said, “I am very excited to join Network Solutions. Under Champ’s leadership, the Company has had tremendous success and positioned itself to continue to be a leader in helping small businesses establish and market their companies online. I am looking forward to working with Champ and the Company’s talented management team to build on this strong franchise and capture the very attractive growth opportunities we see ahead for Network Solutions.”
Mr. Dunbar, 46, joined MasterCard Incorporated in September 2004. As President of Global Technology and Operations, he was a member of the Executive Committee reporting to the Chief Executive Officer. He led a significant number of employees driving technology that processed approximately 16 billion transactions, clearing $2 trillion per year and representing 73% of the company’s annual revenue in 2006.
Previously, Mr. Dunbar was with Eli Lilly and Company for 14 years, serving as President, Intercontinental Region, and as Chief Information Officer. As Lilly’s President, Intercontinental Region, he was responsible for all operations in the world’s fastest growing economies â Brazil, Russia, India and China. Mr. Dunbar had served as Lilly’s Vice President and Chief Information Officer from 1999 to 2003, and is credited with having led Lilly to rank as the most innovative user of technology in the pharmaceutical industry.
Mr. Dunbar currently serves as a director of EDS Corporation and as a director of Humana Inc. He is also a member of the board of the Executive Leadership Council Foundation, an organization supporting the development of African American corporate leaders.
About Network Solutions:
Network Solutions, a leading provider of Web solutions and the pioneer of the domain name registration service, offers a full range of Web-related services, including Web hosting, web design, e-commerce software, search engine marketing, SSL certificates, e-mail services and domain name registration. Network Solutions draws on more than 28 years of experience to make it simple and affordable for customers to build and manage an online presence through a one-stop Web Solutions provider. Additional information about Network Solutions’ offerings is available at www.networksolutions.com.