Susan Engel Joins Portero, Inc. As CEO

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Portero, Inc., the curated marketplace for pre-owned, authenticated luxury goods, recently named Susan Engel as Chief Executive Officer.

We are very pleased that an executive of Susan's caliber has joined our company. Her breadth and depth of operating and creative merchandising experience will serve the Company well as we enter our next phase of expansion.

Portero, Inc., the curated marketplace for pre-owned, authenticated luxury goods, recently named Susan Engel as Chief Executive Officer.

Engel brings to Portero a wealth of senior management experience and a track record of building consumer brands. Prior to joining Portero, Engel had been Chair and CEO of Lenox Group Inc., CEO of Champion Products, a division of Sara Lee Corp. (NYSE: SLE), and a partner at Booz, Allen and Hamilton (now Booz & Company). She currently serves on the boards of SUPERVALUE INC. (NYSE: SVU), based in Minneapolis, and Wells Fargo & Company (NYSE: WFC), based in San Francisco. Engel also serves on Portero's board.

Portero directors Jon Brilliant of Atelier Group and Leslie Frecon of LFE Capital commented, "We are very pleased that an executive of Susan's caliber has joined our company. Her breadth and depth of operating and creative merchandising experience will serve the Company well as we enter our next phase of expansion."

Engel commented, "I am excited to part of a company that has such exciting growth opportunities. Portero's offerings fit today's consumer's need for access, at great prices, to the highest quality heritage brands that provide their owners lasting value from generation to generation."

Portero provides consumers a rich and well merchandised experience featuring thousands of pre-owned, vintage, and new watches, jewelry, handbags, accessories, fine home goods, art, and collectibles at great prices. All items are guaranteed to be authentic, and many are warranted. Consumers can also sell their luxury goods through Portero. In addition to Portero.com, Portero operates PorteroPrivate.com, an invitation only, short duration, sales events site.

Engel follows Bob Schwartz, a Founding Partner of the Schwartz Group--a firm that provides consulting and interim leadership to consumer internet and eCommerce growth companies/brands--who acted as interim CEO while the Board conducted a national search.

About Portero:
Portero.com is the curated marketplace for pre-owned, authenticated luxury goods. Portero provides unprecedented access to more than 450 of the world's most exclusive luxury brands and allows the consumer to buy and sell at exceptional values. The Company's collection of certified pre-owned, vintage and collectible merchandise - including handbags, watches, jewelry, fine housewares, and art - features brands such as Cartier, Chanel, Hermès and Rolex. Portero also owns and operates PorteroPrivate.com, a members-only site offering limited inventory luxury merchandise in time-sensitive sales. Since 2004, Portero's core values of customer service and guaranteed authenticity have placed it at the forefront of online luxury retailers. For more information, visit http://www.portero.com and porteroluxury.blogspot.com.

Press Contact:
Dina Fierro
Attention PR
p: 917 512-2128
c: 917 449-1337
portero (at) attentionusa.com

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Dina Fierro

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