Steve McQuade Named VP of Engineering and Patti Elliott Named Chief Sales Officer
Seattle, WA – September 23, 2013 – Yapta today announced that it has named Steve McQuade as Vice President of Engineering and Patti Elliott as Chief Sales Officer. Both executives will play key roles in the advancement of FareIQ, Yapta’s corporate airfare price monitoring service, with McQuade overseeing product development and Elliott spearheading customer adoption within the enterprise market.
“Steve and Patti are both veteran executives with a strong pedigree of success – and I’m extremely proud to announce them as part of our executive management team,” said James Filsinger, President and CEO of Yapta. “Steve has had a significant impact at some of the most recognizable technology companies in the Seattle area, while Patti is extremely well-versed in the travel industry, having been named one of the ten most influential women in travel technology by Travel Agent magazine.”
McQuade previously served as Vice President of Engineering and Technical Operations for AudienceScience, where he led the development of a high-volume, low latency SaaS-based system that managed more than 10 billion transactions per day. Earlier in his career, he served as Vice President of Engineering at Wetpaint, and as Senior Manager of Engineering at Walt Disney Internet Group.
Elliott was previously the Senior Vice President at Executive Conversation, a global sales organization helping Fortune 500 companies improve revenue performance. Throughout her 25-year sales career, she has also served as the Senior Vice President of Sales at Expedia Corporate Travel, the CEO of Metropolitan Travel, and the Vice President of US Sales for Galileo International.
FareIQ’s patent-pending Intelligent Price Tracking™ technology provides in-depth, 24×7 analysis and insights into corporate airfares, spotlighting opportunities to re-book tickets at lower prices, saving corporations crucial T&E dollars on a daily basis. The solution integrates seamlessly with agents’ workflow by dynamically monitoring pricing on individual passenger name records (PNRs) that are placed on a queue by the corporation or its travel management company. Upon recognizing a savings opportunity, FareIQ immediately issues a series of messages, including email alerts, a FareIQ web portal notification, and remarks posted directly in the PNR, that enables those savings to be acted upon by an agent or a travel manager. To date, FareIQ customers have saved a combined total of more than $1 million in airfare.
Yapta is a pioneer in airfare price assurance services for travelers, and the developer of FareIQ, the corporate travel industry’s only independent airfare price tracking solution. Launched in 2007 as the travel industry’s first airfare price tracking and refund alert service, Yapta quickly gained more than 1 million registered members and delivered more than $450 million in airfare savings alerts to consumers. Today, Yapta’s technology is helping companies with heavy travel volumes reduce their spend and extend their T&E budget by constantly tracking booked airfares and flagging lower rates when they become available. For more information about Yapta, visit www.yapta.com. To learn more about FareIQ, visit fareiq.yapta.com.