Marchex co-founder and former iREIT CEO will lead Moniker and SnapNames divisions.
Los Angeles-based Oversee.net has name Craig Snyder General Manager of its registrar and aftermarket divisions (i.e. Moniker and SnapNames).
Snyder co-founded domain name and local search company Marchex (MCHX) before joining Houston-based Internet REIT.
Internet REIT was plagued by problems during his tenure, but most of these were rooted in decisions made prior to his arrival. Many industry observers believe Snyder was brought in to clean up the company. Originally hired as vice-president, Snyder later replaced co-founder Bob Martin as CEO.
Snyder will report to Peter Celeste, Oversee’s Senior Vice President for Domain Services. He will face the challenge of reinvigorating SnapNames as it moves from a primarily expired domain service to a complete aftermarket solution, and boosting Moniker’s top and bottom line in the face of declining auction revenue.
The hiring of Snyder will not affect the role of Moniker founder Monte Cahn.