Blucora Shareholders Elect David Chung to Board of Directors
BELLEVUE, Wash. -- May 22, 2013
At today’s annual meeting, shareholders of Blucora, Inc. (NASDAQ:BCOR) elected
David H.S. Chung to the Board of Directors.
"We’re excited to have David join the Board. His experience aligns well with
our strategy to continue to grow Blucora both organically and through future
acquisitions,” said Blucora Chief Executive Officer Bill Ruckelshaus. "David’s
breadth of expertise will be an asset to the Company as we continue to pursue
strategic opportunities and execute against future plans.”
Mr.Chung brings more than 17 years of experience in private equity and public
market investing. From 2006 to 2012, he was a partner at Blum Capital
Partners, L.P., a San Francisco-based investment firm focused on private
equity and public strategic block investments. Prior to Blum Capital,
Mr.Chung was a founder of Perspective Value Partners from 2005 to 2006, a
partner at Standard Pacific Capital from 2002 to 2004, and a
director/principal at KKR from 1995 to 2002. Previously, Mr.Chung was a
management consultant at McKinsey& Co. and an investment banker at
Hambrecht& Quist. He is currently a director of Payless Holdings, Inc. and an
alternate director of Xtralis Holdings, Inc. He also serves on the Board of
Trustees of the Fine Arts Museums of San Francisco, the Hamlin School, and SLS
School. He is a graduate of Harvard Business School and Harvard College.
Blucora operates two leading Internet businesses. Our InfoSpace business
provides online search and monetization solutions to a network of more than
100 partners globally. Through TaxACT, we provide online tax preparation
solutions to consumers and professional preparers. The Blucora team brings
decades of experience operating and investing in digitally-enabled businesses.
More information about Blucora may be found at www.blucora.com. Follow and
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Stacy Ybarra, 425-709-8127
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