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Bidpath Appoints New Managing Directors to Support International Growth

09-14-2022 08:39 AM CET | IT, New Media & Software

Press release from: Bidpath

Bidpath Appoints New Managing Directors to Support

Calabasas, CA - The executive board of Bidpath - A Leading Global Auction Technology Company - announced today the appointment of Matt Corso and Caroline Newton as North American Managing Director and International Managing Director, respectively. As experienced business leaders, Matt and Caroline will assume responsibility for the leadership and development of Bidpath's regional divisions in North America, the United Kingdom, Germany and Australia.

Matt Corso joined Bidpath earlier this year having previously held the position of CEO for Illinois based Marknet Alliance. Matt began his auction career in 2004, serving as the Chief Operating Officer for a US national auction firm. In 2007, he helped form MarkNet Alliance, a national franchise of auction companies, and after serving as the Chief Operating Officer and Chief Financial Officer became their CEO.

With more than 20 years experience working extensively in the auction and auction technology industry, Caroline Newton joined Bidpath in 2019. Caroline has a strong track-record of leading and developing high performance teams and delivering successful business growth in multiple secondary market verticals including consumer goods, luxury assets and liquidation sales.

Adam Alexander, CEO of Bidpath said: "Matt and Caroline will play a key role in meeting Bidpath's ambitious growth objectives over the coming years and cementing our position as the leading global sustainable auction technology provider. They will also be instrumental in building on our businesses outstanding reputation with auctioneers and corporate clients, and delivering the next level of growth as we expand our product offering and evaluate further acquisition targets."

David Brindley, President of Bidpath said: "We are delighted to welcome Matt to Bidpath. We have known Matt for many years through our strategic partnership with MarkNet Alliance. His wealth of industry and leadership experience will further strengthen our leadership team, where he will add significant value. The Board believes he is a great fit for Bidpath, with the combination of skills and experience to lead our North American business through its next strategic phase. It is also a great pleasure to have welcomed Caroline to our senior leadership team. Caroline brought a wealth of industry experience and strategic and leadership skills to Bidpath. She has impressed the Board with the impact she has made over the last three years, where she has brought clarity, structure, focus, and a strong client-centric mindset to her roles, and by her drive to lead the development of Bidpath's future strategy in the United Kingdom, Europe and Australia."

Bidpath has a long history of providing technology solutions to global auctioneers and corporate companies executing dynamic timed and live auction events of virtually any tangible or intangible item for which a competitive bidding environment will help drive a swift and effective market value sale. Our best-in-class technology services over 750 clients in 25 key verticals and 28 countries, where we are proud to provide private label software that powers over 1,500 auctions every month.

Media Contact
Nicolette Alexander
Marketing Director

26635 Agoura Road
Suite 215
Calabasas, CA 91302

Bidpath is a world leading SaaS provider specializing in delivering dynamic technology solutions to the global auction industry.
Established in 1999, our feature rich auction software has been enabling clients to build their brand, increase sales revenue and maximize bidder participation for over 20 years.

Bidpath technology provides a uniquely customizable suite of inventory and auction management tools and a fully-supported online bidding platform, enabling clients to host dynamic live, timed and hybrid auctions alongside eCommerce functionality from their own website, or online marketplace.

Bidpath provides competitive online bidding solutions for Commercial, Industrial and Fine Art auctioneers globally, as well as businesses operating in Insolvency, Recovery and Turnaround; Aerospace; Electronics; Consumer Returns; Mining and Automotive industries from our offices in the US, UK, Europe and Australia.

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