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Hi Bid Appoints Pat Mc Cusker As Chief Executive Officer, Opens New Office In Chicago

Mar 12, 2024almost 2 years ago

Position

Chief Executive Officer

Company

HiBid

Pat McCusker
ChicagoRetailE Commerce

Description

HiBid announces the appointment of Pat McCusker as Chief Executive Officer, effective immediately. Pat McCusker brings 25 years of experience scaling high-growth software and marketplace businesses, including in the online auction industry. He will be opening a new office in Chicago, Illinois.

Company Information

Company

HiBid

Location

Chicago, Illinois, United States

About

HiBid is an online auction platform supporting webcast auctions, internet-only auctions, and internet absentee bidding. It is also available as a private-label solution. HiBid is integrated with Auction Flex 360, the market leader in auction software for live and online auctions, with capabilities that include cataloging, clerking, cashiering, accounting, mailing list management, inventory management, and multi-parcel. HiBid and Auction Flex 360 were built from the ground up to function together seamlessly and currently manage over $2 billion in annual sales.

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months