YTB Completes Realignment of Management Team

TravelPulse Staff
by TravelPulse Staff
Last updated: 2:05 AM ET, Thu March 18, 2010

YTB International, Inc., a network of home-based independent representatives in the United States, Puerto Rico, Bermuda, the Bahamas, the U.S. Virgin Islands, and Canada, has finished restructuring its management team in addition to significantly reducing general overhead expense. The company continues to operate through three subsidiaries -- the new marketing entity ZamZuu, Inc. (formerly YTB Marketing, Inc.); YTB Travel Network, Inc.; and YTB Franchise Services, Inc. J. Scott Tomer will continue to serve as chairman of YTB, as well as chief executive officer of ZamZuu, Inc. J. Kim Sorensen remains as vice chairman of YTB and president of YTB Travel Network, Inc. Robert M. Van Patten joined the company on a full-time basis in October 2009 as chief executive officer and president, and has been serving as interim chief financial officer of YTB since February 2010. YTB said that it has reduced general overhead expense nearly $4 million in fiscal 2009 and since Van Patten's appointment, approximately $1.5 million in general overhead expense has been reduced in 2010. For more information, visit www.ytb.com.


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