Move Inc. COO moves on
By Glenn Roberts, Jr., Wednesday, October 3, 2007.
Jack Dennison, chief operating officer at Realtor.com-operator Move Inc. since 2002, is no longer with the company.
Move Inc. reported in a U.S. Securities and Exchange Commission filing this week that Dennison on Sept. 28 "provided Move Inc. with his resignation ... effective on Sept. 30." Move Inc. officials were not immediately available for comment about Dennison's departure. Dennison had joined Move -- then known as Homestore -- as a part of a new management team that had formerly served at WebMD and Healtheon.
Dennison was a general counsel for WebMD, Healtheon and The Continuum company when he joined Homestore in 2002, accompanied by incoming Homestore CEO Mike Long and incoming Homestore chief financial officer Lewis R. Belote III -- both had also served in management roles at WebMD and Healtheon.
Move Inc.'s stock price closed at $2.97 per share today -- it had hit a two-year low at $2.36 in August.
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