Gilt Groupe Promotes CFO Andrew Page to President

New York-based Gilt Groupe, an online daily deals, flash sales and full-priced retailer, said today Andrew Page has been promoted to president from CFO. He will now have operational responsibilities for Gilt’s various businesses, including flash sales, Gilt Taste, Park & Bond, and Gilt City. Page joined Gilt in April 2010 after stints at PlayPhone and StubHub.

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The problem with the Billionaire Savior phase of the newspaper collapse has always been that billionaires don’t tend to like the kind of authority-questioning journalism that upsets the status quo.

— Ryan Chittum, writing in the Columbia Journalism Review about the promise of Pierre Omidyar’s new media venture with Glenn Greenwald