Waltham, Mass.—Feb. 19, 2013—Profitect appointed David Minster to its Board of Advisors. With more than 25 years of experience within the retail and technology industries, Minster will support Profitect’s continued expansion in the U.S. and the increased demand for predictive analytics and Profit Amplification.
“I am very excited to be working with the Profitect team,” said Minster. “Profitect is utilizing pattern analytic technology to help retailers improve margins in new ways. I look forward to helping them extend their role as an industry leader in Profit Amplification. Profitect’s solution quickly leads to improved profit margins, which is at the core of everything we do in retail.”
Most recently, Minster served as Chief Operating officer of David Yurman, where he created an extensive operations and technology infrastructure to support the business. He held past leadership roles with Elizabeth Arden and Lever-Pond’s Canada.
“We are so fortunate to have such a distinguished group of industry leaders on the Profitect Board of Advisors and I’m pleased to welcome David as the newest member to the board,” said Guy Yehiav, Chief Executive Officer, Profitect. “His experience in retail and strategic development will help us achieve the goal of continuously growing our U.S. market relationships, as his focus on communication will help promote corporate visibility as well as new ways of thinking.”