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Sheila Marcelo Joins TheLadders.com as VP, General Manager

Experienced Executive to Lead Business Development, Product Management and User Experience <Back

NEW YORK (May 31, 2005) - TheLadders.com, the world's leading job search Web site catering exclusively to the $100,000+ employment market, today announced that Sheila Marcelo has joined the company as Vice President and General Manager. In this role, Marcelo is responsible for the management of business development and job acquisition, and the company's product portfolio. She will also handle management of the overall user experience.

Marcelo joins TheLadders.com from Upromise where she was the Vice President of Marketing and Product Management. With Upromise since its inception, Marcelo managed the website user experience, spearheaded member marketing and the integration of Upromise partners, including the development of custom technology platforms for many Fortune 50 companies, such as AT&T, General Motors, Exxon Mobil and Citi.

Company CEO and President Marc Cenedella said, "We have experienced rapid adoption, growing to more than 380,000 members, and Sheila has the breath of experience to keep this momentum moving forward. Exceeding the expectations of our customers is our number one objective, and Sheila's Web background and strong focus on user experience will ensure that our customers continue to receive best-in-class opportunities from TheLadders.com."

Marcelo was previously a consultant with Monitor Company, as well as Pyramid Research and Putnam, Hayes & Bartlett. While at Harvard University, where Marcelo received a combined Juris Doctor and MBA, she was a graduate teaching fellow for the Harvard Business School and a recipient of the Dean's Award for overall leadership, and of the Fitzie Foundation Award, which honors the most outstanding female student. She also graduated magna cum laude from Mount Holyoke College where she earned a bachelor's degree in Economics and International Relations.

"I look forward to leveraging my skills and experience to help guide the strategic direction and operations of TheLadders.com," said Marcelo. "We'll focus on building service driven teams that deliver the best customer experience and products to our subscribers and recruiters. We'll get the best $100K jobs and be responsive and caring with our customers!"

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About TheLadders.com
Headquartered in New York, TheLadders.com, Inc. is a privately held company offering online job search services to recruiters and job seekers in the $100k+ employment market. Ex-HotJobs.com executive Marc Cenedella founded TheLadders.com in 2003 to address the unique job seeking and recruiting requirements in this market sector. Investors include leading venture capital firm Matrix Partners and prominent private investors such as Kevin Ryan, CEO, DoubleClick, Tom Matlack, Megunticook Management, and Robert Chefitz, NJTC Venture Fund.

In addition to its primary member-based site, the Company operates vertical job search Web sites for sales, marketing, finance, human resources, law, technology, and operations. All sites feature daily job updates as well as industry-specific weekly e-newsletters. For corporate and executive recruiters, TheLadders.com delivers the same highly personalized experience. TheLadders for Recruiters (www.recruitladder.com) enables them to easily post $100k+ job openings at no charge. The Company further differentiates itself from other online job boards that fall prey to fraudulent job postings by implementing human mediated search, ensuring all job postings are fully qualified before being published to members.

More information about TheLadders.com can be accessed at www.theladders.com.

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Media Contacts
Maria Schiller
TheLadders.com
646-453-1913
maria.schiller@theladders.com