Description
Digital River is a public company that provides global ecommerce, payments and marketing services. In 2013, Digital River processed more than $30 billion in online transactions. Digital River is headquartered in Minnetonka, Minnesota.
Digital River has a history of acquiring other companies in the e-commerce (including digital software delivery) industry.A security breach in 2010 resulted in a list of nearly 200,000 customer's data being stolen. A lawsuit followed by Digital River.
Joel Ronning was CEO from the company's founding until stepping down in November 2012.In June 2013, Ronning was ranked as the most overpaid CEO at a public company in Minnesota despite having been CEO only since November of the previous year. In February 2013, Dave Dobson was named CEO.
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WebSite: | http://www.digitalriver.com/ |