CLEVELAND--(BUSINESS WIRE)--Corporate United, the corporate buying innovator named one of the Inc. Fastest Growing Companies seven years running, has appointed Doug Blossey President/COO and expanded its management ranks to support an expansion of services. The move follows a record year for Corporate United, which saw membership reach $1 trillion in revenues and $1 billion in buying power.
Blossey has experience on both sides of corporate buying – first as Chief Procurement Officer of Key Bank, then as product strategy director for Ariba – and understands the full value proposition for purchasing organizations and channel partners. He will lead an expanded management team with new executive hires, notably:
- Mark Molnar, CFO, formerly Chairman and Co-CEO of Knowledge College, Inc. (KCI), the largest provider of after school tutoring services in Ohio.
- Mary Petzinger, Vice President, Marketing and Communications, formerly director of marketing and brand strategy at Rosetta.
“We’re poised for tremendous growth,” said Gregg Mylett, founder and CEO of Corporate United. “The future of our business is in developing solutions for our members, not transactional buying. We’ve got a head start, and the backing of a number of the world’s most respected companies. Doug knows firsthand what our clients and partners need, and our expanded team can bring more clients creative ways to increase competitiveness and return on operations.”
Founded by Mylett in 1998, Corporate United has grown into the world’s largest virtual organization, with more than 2 million employees, $1 trillion in revenues and $1 billion in buying power, through more than 250 companies. Corporate United has grown fast because it offers a more comprehensive model for corporate resourcing. Whereas traditional group purchasing organizations focus on getting clients the lowest sale price, Corporate United focuses on getting the greatest value from products and services. The company creates the platform for buyers and sellers to collaborate on business solutions.
“Corporate United is a bigger idea for buying and a better idea for business,” said Blossey. “Companies need to keep achieving more with less, and they have to collaborate more closely with a broader range of suppliers to do it. We’re in a position to broaden our range of services and dramatically increase our footprint through partnerships. In many ways, we can be the difference between profit and loss for a lot of companies.”
About Corporate United
Founded in 1997, Corporate United is the market leader in providing managed supplier and contract solutions to more than 250 member companies. Representing $1 billion in indirect spend, Corporate United combines this leverage with proprietary industry intelligence to expertly manage more than 35 indirect spend categories. Corporate United is based in Cleveland, Ohio, with regional offices across the country. The company is on Twitter @CorporateUnited and on LinkedIn at https://www.linkedin.com/company/corporate-united.
