BayRu Announced an Appointment of a New Advisory Board

PRLog (Press Release) - Aug. 4, 2011 - BayRu LLC, the owner of Chicago-based international online store www.bay.ru, today announced the appointment of an eight-member advisory board.  The new advisory board was created in early 2011 to help the company, which is known for specializing in sales and delivery to Russia, quickly expand operations in Russia and the former Soviet Union.  More specifically, the advisory board will provide strategic direction, operational insight and new relationships to the four year-old Internet-company.  

New advisors include:

Dr. Yuri Boyko              - Former venture capital investor at Troika Dialog, Moscow
Mr. Jonathan Tubb       - Board of Directors of Bank Zenit, Moscow; former CFO Deloitte CIS
Mr. Mark Stiles             - Founder of Cushman & Wakefield Stiles & Riabokobylko, Moscow
Mr. Al Goldstein            - CEO of Pangea Equity; former founder, CEO CashNet USA (now Enova Financial)
Mr. Chris Krohn             - President and CMO of RDC; former CMO JC Whitney
Mr. Steve Shpilsky        - Former CEO of Ecco Immoblien, Kyiv; former Director Price Waterhouse Coopers, Moscow
Mr. Alexander Goldstein    - Entrepreneur, angel investor, former founder, CIO CashNet USA (now Enova Financial)

BayRu CEO Aaron Block said, "In addition to serving on our advisory board, each gentleman has been my partner, co-investor, client and/or friend.  Together, they have over 150 years of Internet and Russian business experience.  It's very humbling and inspiring to learn from their tremendous successes."

Advisory board member Jonathan Tubb was one of the first advisors to join BayRu.  He remarked, "Like many others in Russia, I've had trouble finding a trusted international shopping partner in Russia.  Customs clearance, payments, returns...everything is a bit more difficult here.  Needless to say, I'm not only an advisor but also a happy BayRu customer."

The new advisory board meets quarterly and members are compensated with BayRu stock.  Not a bad deal, considering that the company is growing 10% - 30% per month.

Advisor Steve Shpilsky stated, "The founders managed to bring together a mix of seasoned operators and savvy investors.  They partner with world-class organizations like  eBay, Amazon, Alfa-Bank, and Ozon.ru.  Their technology is second-to-none.   I jumped at the chance to help them catalyze their growth in the Russian market."


About BayRu:
BayRu is a fast growing service that, for the first time, provides Russians safe, convenient access to a wide variety of international goods.  BayRu brings Russian consumers the world’s specialty goods via an “American” shopping experience.  Through our online store http://www.bay.ru, Russian shoppers are able to a) search for, b) place orders for and c) receive shipment of almost all international goods listed on our partner sites including eBay.com and Amazon.com.  BayRu has developed a leadership position in Russia’s international ecommerce marketplace through development of award winning customer service, logistics and technology platforms. BayRu was founded in 2007 and is headquartered in Chicago with an office in Moscow and a call center in St. Petersburg.

Contact information:

Aaron Block
President
BayRu LLC
www.bay.ru
pr@bay.ru
+1 571 229 7801