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Ivar Eilertsen Accepts Nomination to Fund.com Inc. (FNDM.OB) Board of Directors

Ivar Eilertsen was nominated to Fund.com’s board of directors and the company was pleased to announce Eilertsen has accepted his nomination. He has been appointed to the board of directors, effective immediately. This announcement comes on the heels of the March announcement of Raul Biancardi’s appointment to the board and February’s announcement of Greg Webster’s appointment as President.

Ray Lang commented on the appointment by saying, “We are very pleased that Ivar has agreed to join our board of directors. His experience in the financial product, and investment industries, make him an ideal board member, and is a testament to the caliber of Fund.com’s personnel and mission.” Lang’s statement may be an understatement because Eilertsen brings decades of international financial expertise to the board.

Eilertsen is currently a Founding Partner at Harbor Capital Technologies LLC, a boutique advisory firm focusing on financial technology. Prior to his current position, he served as Executive in Residence for a $16bn Private Equity firm, and before that as Managing Director and Senior Vice President of Global Accounts for Thomson Financial, a global provider of investment tools, financial services and asset management. Throughout his career, Mr. Eilertsen served for nearly 10 years at ADP Brokerage Services Group, now Broadridge, where he acted in various senior roles including CEO Americas, General Manager of ADP Wilco, Managing Director of Brokerage Sales, Vice President of Product Management and Director of Strategic Initiatives and Product Management. Additionally, Mr. Eilertsen has served in upper management positions at StockVal Inc., Bridge Information Services, WorldScope, Pont Data Inc. and Axess Information Services.

Now that Eilertsen has accepted his appointment to the board of directors, the company can focus on continuing efforts as a financial services information publisher focused on the $22.6 trillion investment fund market. They are still in the process of establishing a destination website of personal finance channels, including mutual funds, hedge funds, money market funds, exchange traded funds, closed end funds, commodity funds and other types of pooled investment vehicles. Their goal is to provide investment information on both traditional and leading edge products to a new generation of investors.

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