Gilt Appoints Michelle Peluso As Chief Executive Officer

           Gilt Appoints Michelle Peluso As Chief Executive Officer

PR Newswire

NEW YORK, Dec. 6, 2012

NEW YORK, Dec. 6, 2012 /PRNewswire/ -- Gilt,, today announced it
has appointed Michelle Peluso as Chief Executive Officer, effective the end of
February 2013. Ms. Peluso is currently the Global Consumer Chief Marketing
and Internet Officer at Citigroup and has served on the Board of Directors of
Gilt since October 2009. Kevin Ryan, Gilt's Founder and current CEO will
become Chairman and Susan Lyne will become Vice-Chairman.

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"I'm tremendously excited to be leading a company with a brand I love and a
team I've come to greatly admire," said Peluso. "Gilt has done a terrific job
establishing itself as one of the most innovative online shopping destinations
and I am looking forward to continuing to build on Gilt's growth and success."

Every day at noon EST, Gilt launches new, limited-time sales of the most
sought-after products and most desirable brands in fashion, home decor and
leisure. Launched in December 2007, the company is the leader in the
flash-sale space and has attracted millions of loyalists by offering them
special access to coveted merchandise and experiences at insider prices.

Ms. Peluso has been with Citigroup since 2009. Prior to that, she was the
Chief Executive Officer of Travelocity from 2003 to 2009 after serving as the
company's Chief Operating Officer and Senior Vice President of Product
Strategy and Distribution. Under her leadership, Travelocity experienced a
significant upturn in both revenue growth and profitability. Ms. Peluso
joined Travelocity following the company's acquisition of Site59, a travel
site she created and launched in 2000. Site59 was the leader in the US "last
minute deals" arena and won numerous honors for innovation before it was
acquired by Travelocity in March 2002. Prior to leading Site59, Ms. Peluso
served as a White House Fellow and Senior Advisor to Labor Secretary Alexis
Herman and worked as a case leader for The Boston Consulting Group in New York
and London.

"Michelle's deep Internet experience, coupled with her operating and marketing
background, made her my ideal choice to be Gilt's CEO going forward," said
Kevin Ryan, Founder and CEO, Gilt. "We have worked together for three years
as fellow Board members and I am thrilled she will be leading Gilt to its next
level of growth and market leadership."

"We have had the opportunity to get to know Michelle as a Board member and her
insight and strategic advice have been invaluable," said Susan Lyne, Chairman,
Gilt. "She has a clear vision for Gilt and the Board and I are confident in
her leadership and excited about the many opportunities ahead."

Ms. Peluso has received multiple awards, including the Stevie Award for
Lifetime Achievement in Business and has been recognized by the National
Italian American Foundation with a Special Achievement Award in Business.
Fast Company magazine named her a "customer-centered leader." Most recently,
she was named as one of the world's most influential CMO's according to a
Forbes study conducted by Appinions. She received her master's degree in
economics, philosophy and politics from Pembroke College at Oxford University
where she was a Thoroun Scholar, and her bachelor's degree from the University
of Pennsylvania's Wharton School of Business.

About Gilt
Gilt,, is an innovative online shopping destination offering its
members special access to the most inspiring merchandise and experiences every
day at insider prices. Gilt continually searches the world for the most
coveted brands and products, including fashion for women, men, and children;
home decor; artisanal ingredients; hotels and travel experiences on every
continent; and unique activities in select cities and destinations. We believe
that every day is an opportunity to inspire and be inspired.


Contact: Jennifer Miller, Gilt, +1-646-524-9102,
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