Here’s a photo of Alex with his award. Love the suit, Alex! How come you don’t wear that every day to work?
Alex Welch, CEO, Photobucket, Inc.
Photobucket CEO and Co-founder, Alex Welch,
Named Ernst & Young Entrepreneur Of The Year® 2007 Award Winner in the Rocky Mountain Region
Award Recognizes Entrepreneurial Excellence in Emerging Category
DENVER, June 19, 2007 – Photobucket, the world’s largest personal media site, today announced that CEO and co-founder, Alex Welch, received the Ernst & Young Entrepreneur Of The Year® 2007 Award in the Emerging category in the Rocky Mountain Region. According to Ernst & Young, the award recognizes outstanding entrepreneurs who are building and leading dynamic, growing businesses. Alex was selected by an independent panel of judges and the award was presented at an Ernst & Young Entrepreneur Of The Year gala event in the Seawell Ballroom at The Denver Center for the Performing Arts on June 21, 2007.
Founded in 2003, Photobucket is the Web’s most popular creative hub, with more than 44 million users linking billions of personal photos, graphics, slideshows and videos daily to hundreds of thousands of web sites. On May 30, 2007, Fox Interactive Media (FIM) announced an agreement to acquire Photobucket. Once this acquisition is complete, Photobucket will remain a standalone company within FIM, while its technology will be used to enhance sites across the Fox Interactive network, as well as on the more than 300,000 other Web sites linked to by Photobucket’s users.
“It’s an honor to be named winner of the Ernst & Young Entrepreneur of the Year Award,” said Alex Welch, CEO and co-founder of Photobucket. “I’d like to thank my co-founder, Darren Crystal, the entire staff at Photobucket and the 44 million users who have helped create the very best personal media site in the world.”
The Ernst & Young Entrepreneur Of The Year awards program celebrates its 21st anniversary this year and continues to honor entrepreneurs who have demonstrated excellence in such areas as innovation, financial performance, and personal commitment to their businesses and communities.
“Ernst & Young is honored to recognize extraordinary business leaders, such as Alex Welch, and the companies they have built,” said Jim Wilson, Ernst & Young Entrepreneur Of The Year program director for the Rocky Mountain Region.
As a Rocky Mountain Region award winner, Alex is now eligible for consideration for the Ernst & Young Entrepreneur Of The Year 2007 national program. Award winners in several national categories, as well as the overall national Ernst & Young Entrepreneur Of The Year award winner, will be announced at the annual awards gala in Palm Springs, California on November 17, 2007. The national Entrepreneur Of The Year celebration is part of Ernst & Young’s Strategic Growth Forum. The overall national Entrepreneur Of The Year award recipient is then considered for the world event held in Monte Carlo.
Founded and produced by Ernst & Young LLP, the Entrepreneur Of The Year Awards are pleased to have Bank of America as the national presenting sponsor, as well as SAP America and the Ewing Marion Kauffman Foundation as national sponsors.
In the Rocky Mountain Region, Marsh is the regional sponsor and local sponsors include Faegre & Benson, Clifton Gunderson LLP, LeGrand Hart and The Denver Business Journal.
Photobucket is the Web’s most popular creative hub, with more than 44 million users linking billions of personal photos, graphics, slideshows and videos daily to hundreds of thousands of web sites, including: MySpace, Facebook, Bebo, Friendster, eBay, Craigslist, Blogger and Xanga. In addition to linking content, Photobucket users share their personal digital media by email, instant messaging, and mobile devices. Every day, over 7.5 million personal photos, graphics and videos are uploaded to Photobucket for sharing with family, friends and the online world. The company actively moderates content to create a safe environment for its users, partners and advertisers. Photobucket has offices in Palo Alto, California and Denver, Colorado and is located online at http://photobucket.com. For the latest feature announcements and news, please visit the Photobucket blog at http://blog.photobucket.com.
About the Ernst & Young Entrepreneur Of The Year Awards
The Entrepreneur Of The Year awards program was created and is produced by professional services firm Ernst & Young LLP. As the first award of its kind, the Ernst & Young Entrepreneur Of The Year Award recognizes outstanding entrepreneurs who are building and leading dynamic and growing businesses. The program, which celebrated its 20th anniversary in 2006, honors entrepreneurs through regional, national and global award programs in over 125 cities and 40 countries.
About Ernst & Young
Ernst & Young, a global leader in professional services, is committed to enhancing the public’s trust in professional services firms and in the quality of financial reporting. Its 114,000 people in 140 countries pursue the highest levels of integrity, quality, and professionalism in providing a range of sophisticated services centered on our core competencies of auditing, accounting, tax, and transactions. Further information about Ernst & Young and its approach to a variety of business issues can be found at www.ey.com/perspectives. Ernst & Young refers to the global organization of member firms of Ernst & Young Global Limited, a U.K. company limited by guarantee, each of which is a separate legal entity. Ernst & Young Global Limited does not provide services to clients. Ernst & Young LLP is a U.S. client-serving member firm of Ernst & Young Global Limited.