Merchant Risk Council Elects 15 to Board of Directors

Feb. 22, 2006
Board of directors brings retail e-commerce, loss prevention, and financial leaders to council

LAS VEGAS--(BUSINESS WIRE)--Feb. 21, 2006--The Merchant Risk Council (MRC), the retail industry's largest association helping organizations fight online fraud, today named 15 online retail and technology professionals to serve on the non-profit organization's board of directors for 2006.

The Council - a membership association of 7,500 online retailers, financial institutions, vendors, and law enforcement agencies - promotes secure e-commerce by setting practice standards and pursuing new technologies.

The board will oversee the organization's partnerships with law enforcement to combat fraud, its benchmark research of online fraud, and its participation in leading e-commerce industry events.

Those named to the board are:

-- Julie Fergerson - Vice President, eFunds, re-elected as co-chair

-- Tom Sullivan - Director of eCommerce Risk, Expedia, elected as co-chair

-- Steve Riddell - Risk Operations Manager, Apple, elected as secretary

-- Mike Caputo - Vice President, Controller, Barnes and Noble, re-elected as treasurer

-- Greg Andrews - Manager of Global Payment and Fraud Services, Hewlett Packard

-- Seana Pitt - Vice President, Network Development, American Express

-- Tracy Brown - Director of Information Security, American Eagle Outfitters

-- Perry Dembner - Vice President of Marketing, CyberSource

-- Susan Grajek - Credit Fraud Investigator, CompUSA

-- William Lambson - Senior International Treasury Manager, Adobe, joins the board

-- Tim Laudenbach - Credit Risk Manager, Best Buy

-- Mark Michelon - Director of eCommerce Risk, Cendant Travel Distribution Services

-- David Sessions - Vice President of Operations, Experian

-- Ronda Sifford - Loss Prevention Manager, Costco, joins the board

-- Adrienne Kinney - Network Security, Discover Financial Services, LLC, joins the board

"Online shopping is safer for consumers than it has ever been," said Tom Sullivan, co-chair of the MRC. "To further secure the thriving e-commerce channel, the MRC has strengthened its partnerships with Federal and local law enforcement, and is working to increase collaboration between online merchants and card associations to improve transactional processes."

The Merchant Risk Council consists of 7,500 members who share the goal of protecting and encouraging online commerce by establishing best practices for cyber-fraud prevention. The MRC works with federal and local law enforcement agencies such as the Internet Crime Complaint Center (IC3), Federal Bureau of Investigation, Secret Service, the U.S Department of Justice, and the U.S. Postal Inspectors to help catch and prosecute cyber criminals.

Members of the media, please contact Diane Beeler at (512) 977-5592 or [email protected]. To learn more about the MRC and other consumer cyber-fraud resources, go to www.merchantriskcouncil.org.

CONTACT: Merchant Risk Council Diane Beeler, 512/977-5592 [email protected] KEYWORD: NEVADAINDUSTRY KEYWORD: RETAIL SOFTWARE INTERNET E-COMMERCE MANAGEMENT CHANGESSOURCE: Merchant Risk Council