TheLadders.com Hires HotJobs.com Co-Founder to Head Recruiting and Business Development

New York, NY - Reuniting key members of the team that helped establish HotJobs.com as a category-leader, TheLadders.com, a job search service designed to streamline online recruitment in the 100k segment of the employment marketplace, announces the appointment of David F. Carvajal to the post of Head of Recruiting and Business Development.

Focused on recruiting and training TheLadders.com talent as well as managing the company’s relationships with executive recruiters, Carvajal joins fellow HotJobs.com alumni, Marc Cenedella, Founder and President of TheLadders.com, Alexandre Douzet, Co-founder and Vice President of Operations at TheLadders.com, and Andrew Koch, Director, Community at TheLadders.com. Prior to founding TheLadders.com, Cenedella was Senior Vice President, Finance & Operations at HotJobs.com, ultimately shepherding the company’s 436 million sale to Yahoo!, Inc. (NASD: YHOO) in 2002. Douzet was Director, Online Marketing at HotJobs.com, responsible for building the firm’s marketing infrastructure. Koch was Marketing Manager at HotJobs.com.

Also reunited with this group is Kevin Ryan, CEO, DoubleClick (NASD: DCLK), Board Director, HotJobs.com, and lead investor in TheLadders.com.

With the addition of David, we’ve rounded out our management team to include the absolute best in the business. This is our dream team, said Cenedella. David helped build an award-winning corporate culture at HotJobs and his previous experience as a recruiter is just invaluable to our business.

Carvajal joins TheLadders.com from The Carley Group, LLC, a real estate investment and development company in Basking Ridge, New Jersey, where he was President. Prior to that, he was General Manager of HotJobs.com’s AgencyExchange, the online marketplace focused on staffing agency customers, and Senior Vice President of Recruiting. Having joined HotJobs.com as a Co-founder in 1997, his initial post with the company was Vice President, Human Resources. Before joining HotJobs.com, Carvajal was Manager and Senior Recruiter at Otec.com, LTD, a New York based executive recruiting firm.

Now reaching over 110,000 readers, TheLadders.com addresses the specialized needs of the high-end market by turning the traditional recruitment business model upside down. Each month, the TheLadders.com team of experts reviews over 160,000 jobs to select more than 10,000 jobs for inclusion in their weekly newsletters. The company searches the Internet for job postings, or, alternatively, employers can list them free of charge a critical difference from traditional job boards because it enables TheLadders.com to list every appropriate 100k job opening on the market, not just paid listings. This distinction allows TheLadders.com to filter out any questionable job listings that do not meet the company’s standards. TheLadders.com does not charge a fee for its basic job leads newsletter for job seekers. Instead, it generates revenues by offering a premium service to job seekers, which includes a greater number of job listings, more detail, early delivery, and more features for 25 dollars per month. TheLadders.com’s premium service fee keeps unqualified candidates out of the applicant pool and, thus, encourages employers to look at TheLadders.com applicants first.

Marc Cenedella founded TheLadders.com in July 2003. In May 2004 he was named Entrepreneur of the Year by award winning marketing newsletter, MarketingSherpa, which cited TheLadders.com’s unique business model as a key to its sustained growth.