Bigcommerce Names Brent Bellm Chief Executive Officer

Former HomeAway President, PayPal Europe CEO to oversee next chapter of growth as company continues rapid expansion

AUSTIN, Texas — June 8, 2015 — Bigcommerce, the ecommerce platform of choice for fast-growth brands, today announced it has appointed Brent Bellm as chief executive officer to guide the company as it further expands its product platform with enterprise-grade features designed to accelerate merchant growth. Bellm succeeds current CEO and Bigcommerce co-founder Eddie Machaalani, who will remain with the company as executive chairman of the board.

Bellm joins Bigcommerce from HomeAway, where he served as president and chief operating officer. Over the course of five years, from 2010-2015, Brent successfully guided HomeAway through its IPO and a period of rapid, profitable growth where the company tripled its quarterly revenues. Previously, he spent more than seven years in a variety of executive leadership positions at PayPal. As vice president and CEO of PayPal Europe, from 2005-2009, Bellm tripled quarterly revenues while introducing PayPal’s merchant services and financial products to new geographies.

“Throughout Brent’s impressive career, a common theme has been his passion for and work with small business owners to provide the resources and technologies that encourage greater success,” said Eddie Machaalani, Bigcommerce co-founder and executive chairman. “Brent shares in Bigcommerce’s vision to democratize commerce for high growth brands that are challenging the giants in their industries. Brent is the right leader to oversee our next stage of growth and ensure we are meeting the needs of today’s merchants and building a premium platform.”

Bellm’s appointment comes amid a period of unprecedented growth for Bigcommerce, which now powers more than 95,000 stores including brands like Samsung, Gibson, Marvel, Cetaphil, Schwinn, Pergo, Enfamil and Ubisoft. This year alone, the company has announced partnership agreements and unique integrations with industry leaders including PayPal, Intuit, Square and Alibaba. In May, the company also launched Bigcommerce Enterprise, a tailored solution for high-volume retailers.

“In just six years, Bigcommerce has grown from a small, relatively unknown company to a recognized leader and disrupting force in commerce,” said Brent Bellm, Bigcommerce CEO. “I have been serving offline and online retailers, with a focus on small- and mid-sized ones, for 20 years. Bigcommerce is the right platform at the right time and place to power these merchants and drive business results.”

“Brent is a committed and experienced leader who is thoughtful and deliberate in his approach to corporate strategy,” said Lorrie Norrington, former eBay president and current member of the Bigcommerce board of directors. “Many of the strategies he put in place at PayPal were massively successful and are still in place today. Brent brings the operational rigor and know-how that will rapidly scale and accelerate Bigcommerce’s business opportunities.”