Web.com Group (NASDAQ:WEB) didn't have to look very far to find its latest COO. In an SEC filing, it revealed it has appointed Jason Teichman to the position, effective immediately. Previously, Teichman was the company's chief marketing officer and executive vice president.
The new COO has been there since August 2010. Web.com inherited him from Register.com after it acquired it that summer. He also held positions at consumer analytics specialist Affinova and financial giant American Express.
Teichman will get an 8% raise as COO, taking home an annual base salary of $340,000. Other terms of his employment and his compensation for this year have not changed.
Fool contributor Eric Volkman has no position in any stocks mentioned. The Motley Fool recommends American Express. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
More from The Motley Fool
4 Top Small-Cap Stocks to Buy This Winter
The market's most attractive stocks sometimes come in small packages.
3 Cheap Growth Stocks You Can Buy Right Now
These three growth stocks are cheap now, but they may not stay cheap for much longer.
Why Shares of Web.com Group Inc. Soared Today
While revenue declined, Web.com had a better quarter than what analyst were expecting.