BNET Industries

Market Cap:$115.6M
Last Fiscal Year Sales:$485.5M
  • Public
  • US
Dow Jones Description

LodgeNet Interactive Corporation is the leading provider of media and connectivity solutions designed to meet the unique needs of hospitality, healthcare and other guest-based businesses. LodgeNet Interactive serves more than 1.9 million hotel rooms representing 9,900 hotel properties worldwide in addition to healthcare facilities throughout the United States. The company's services include: Interactive Television Solutions, Broadband Internet Solutions, Content Solutions, Professional Solutions and Advertising Media Solutions. LodgeNet Interactive Corporation owns and operates businesses under the industry leading brands: LodgeNet, LodgeNetRX, and The Hotel Networks.

Chairman, President & CEO
Scott C. Peterson
Number of Employees 1,202
Contact Information

3900 W Innovation St

Sioux Falls, South Dakota 57107-7002

www.lodgenet.co...

1 905 702 1212

NAICS Code Cellular and Other Wireless Telecommunications: 517212

Recent Events

  • LodgeNet Announces First Installation of High-Definition Free-to-Guest HD FTG Solutions in Canada

    12/06/09 - Licensing / Contract - View Story

  • LodgeNet Announces First Installation of High-Definition Free-to-Guest HD FTG Solutions in Canada

    12/03/09 - Licensing / Contract - View Story

  • LG & Philips to Integrate LodgeNet Technology as Communication Solution for New Hotel Television Set

    10/30/09 - Licensing / Contract - View Story

  • LodgeNet Interactive signs licensing agreement with LG Electronics

    10/28/09 - Joint Venture / Alliance - View Story

  • LodgeNet Interactive partners with Koninklijke Philips Electronics

    10/28/09 - Joint Venture / Alliance - View Story

  • LodgeNet Launches New Broadband Access Solution at Customer Tech Symposium

    10/29/09 - Product Announcement - View Story

  • LodgeNet Announces Launch of Guestroom Manager 2.0 Broadband Access Solution New Software Platform Implemented Nationwide...

    10/28/09 - Product Announcement - View Story

  • LodgeNet Reports Results for Third Quarter 2009 - Operations Right-Sized to Economic Environment -- Diversified...

    10/21/09 - Financial Announcement - View Story

  • HITEC 2009 Highlights: The Future Of Guestroom TV

    8/01/09 - Product Announcement - View Story

  • LodgeNet Reports Results for Second Quarter 2009 - Strategic Initiatives Improve Profitability Metrics Growth...

    7/28/09 - Financial Announcement - View Story

  • LodgeNet Launches New 'IPTV+' Solution Powered by AppleR Mac mini

    6/22/09 - Product Announcement - View Story

  • Announces Integrated IP Network Solution for HDTV, Broadband, Telephony, Digital Signage and In-Room Automation

    7/02/09 - Product Announcement - View Story

News & Analysis

call transcript and lodgenet interactive corp. - All News and Analysis

Decision Makers

Name (plus bio) Position
David M. Bankers Senior Vice President & Chief Technology Officer
Scott E. Young Chief Marketing Officer & Senior Vice President
Gary H. Ritondaro Senior Vice President, Finance
James G. Naro General Counsel & Senior Vice President
Stephen D. McCarty Senior Vice President, Sales
Steve McCarthy Senior Vice President, Sales & Hotel Relations
Steven D. Truckenmiller Senior Vice President, Programming & Content Management
Steven R. Pofahl Senior Vice President, Technology Operations
Daniel J. Bilbo Vice President, Customer Service
Daniel P. Johnson General Counsel & Vice President
Darla J. Schultz Vice President, Marketing
Darla J. Werner Vice President, Info Technology
Morgan J. Lambert Vice President, Satellite Programming & Special Markets
Shannon Grogan Vice President, HR
Steven W. Schmidt Vice President, Sales & Operations
Thomas M. McAdaragh Vice President, Engineering & Technology Development
Casey C Flynn Managing Director of Canadian Operations
Ann Parker Director, Corp Communications
Peter Eck Director, Product

Board of Directors

Name (plus bio) Position
Scott C. Peterson Chairman, President & CEO
Marty Abbott Board of Directors
R.F. Leyendecker Board of Directors
Richard R. Hylland Board of Directors
Scott H. Shlecter Board of Directors
Scott Kirby Board of Directors
Vikki I. Pachera Board of Directors

Organization Position Status
LodgeNet Interactive Corporation Chairman, President & CEO Current

As Senior Vice President Product & Technology Development/Chief Technology Officer of LodgeNet Interactive Corporation (NASD: LNET), David Bankers is responsible for the strategic direction and management of the company’s intellectual property, software, hardware and interactive design functions. Mr. Bankers is recognized as a leading figure and visionary technologist in the area of interactive media for the hospitality industry. He has published numerous papers and has won four patents related in this subject area. Mr. Bankers joined LodgeNet in 1989 as Director of Information Systems Development and was appointed Vice President, Corporate Technologies in 1992. Mr. Bankers became Senior Vice President and Chief Technology Officer for the Company in 1998 and was named Senior Vice President, Product and Technology Development in 2002. Mr. Bankers previously worked at the U.S. Geological Survey’s Earth Resources Observation Systems (EROS) facilities where he managed the Digital Data Production department. Prior to his management activities he held various software development positions related to the development and production of mapping and image visualization systems used by the U.S. government. Originally from Fargo, North Dakota, Mr. Bankers earned both his Bachelor of Science and Master of Science degrees from Creighton University in Omaha, where he was also a teaching fellow.

Organization Position Status
LodgeNet Interactive Corporation Senior Vice President & Chief Technology Officer Current

Scott Young joined LodgeNet Interactive Corporation (NASD: LNET) as Senior Vice President/Chief Marketing Officer in August 2006 and was promoted to President of the Hospitality division in August 2008. He retains the position of Chief Marketing Officer. In this role, Mr. Young is responsible for managing LodgeNet’s Hospitality business including Guest Entertainment, TV Programming, Broadband Internet Solutions, and Professional Solutions. Prior to joining LodgeNet, Mr. Young held a variety of executive positions at Best Buy, including serving as Vice President Digital Entertainment, Vice President of Music Merchandising and Vice President and General Manager Entertainment for BestBuy.com. Mr. Young was part of the original team that launched BestBuy.com and grew the business to become a leading entertainment and media e-commerce site in its first two years of operation. In addition, during his career at Best Buy, Mr. Young was responsible for leading initiatives to grow new digital entertainment service revenues for the company, and worked with partners such as Apple, Microsoft, Sirius Satellite Radio and Netflix. A native of Pennsylvania, Mr. Young started his career as an entrepreneur and studio operator in New York. He has also held executive positions in marketing and merchandising at Capitol Records, Ticketmaster and BMG Entertainment. Mr. Young earned his bachelors degree from Yale University and his M.B.A. from UCLA. He is a member of the National Association of Recording Arts and Sciences (NARAS).

Organization Position Status
LodgeNet Interactive Corporation Chief Marketing Officer & Senior Vice President Current

Gary Ritondaro joined LodgeNet Interactive Corporation (NASD: LNET) as Senior Vice President/Chief Financial Officer in March 2001 and was named Senior Vice President, Finance, Information Systems and Administration in July 2002. As CFO, Mr. Ritondaro oversees the company’s finance operation with responsibility for all of the company's financial reporting and budgeting, treasury operations, balance sheet management, procurement, investor relations, information technology, audit, tax, and acquisition programs. With more than three decades of financial experience, Mr. Ritondaro has held various positions in both domestic and international financial operations including accounting, treasury, tax, budgeting, investor relations and corporate development. Prior to joining LodgeNet, Mr. Ritondaro served as Senior Vice President and CFO for Mail-Well, Inc., a NYSE-listed manufacturer of envelopes, commercial printing and labels. Previously, he served as Senior Vice President and CFO for Ferro Corporation, a publicly traded international manufacturer of specialty plastics, chemicals, colors, industrial coatings and ceramics. Mr. Ritondaro is a graduate of Ohio University with a Bachelor of Business Administration degree in Accounting and Finance. He is a member of Financial Executives International and the National Investor Relations Institute. He is also a member of the board of directors of OrbComm, Inc (NASD: ORBC), a leading global satellite data communications company focused on machine-to-machine communications.

Organization Position Status
LodgeNet Interactive Corporation Senior Vice President, Finance Current
LodgeNet Interactive Corporation Senior Vice President, Finance Current
Ferro Corporation CFO Former
Ferro Corporation senior vice president Former
Ohio University Bachelor of Business Administration Former

James G. Naro was appointed Senior Vice President, General Counsel and Secretary of LodgeNet Interactive Corporation (NASD: LNET) in June 2006. Mr. Naro is responsible for the company’s legal affairs and for guiding its corporate compliance and intellectual property strategy. With more than 28 years of legal experience, Mr. Naro’s background spans intellectual property management and licensing; multinational mergers, acquisitions and joint ventures; public and private financing; and corporate governance and regulatory compliance. Prior to joining LodgeNet, Mr. Naro served as Vice President and General Counsel for Digital Angel Corporation, a public company involved in radio frequency identification (RFID). Previously, Mr. Naro served as Senior Vice President, General Counsel and Secretary of DIRECTV Latin America LLC, a direct-to-home satellite service which grew during his tenure from initial formation to 1.6 million subscribers and $700 million in annual revenues. While at DIRECTV Latin America, Mr. Naro was responsible for legal affairs including the formation or acquisition of operating affiliates in 27 countries, the licensing of more than 300 television channels, movie rights and exclusive events such as the FIFA World Cup, the negotiation of over $1 billion in financing arrangements, and the ultimate reorganization and sale of the company. Mr. Naro also held the position of Senior Counsel for the Cisneros Group of Companies, one of the largest privately held media, entertainment, technology and consumer products companies in the world. Mr. Naro earned his Bachelor of Arts degree from Niagara University, Niagara Falls, New York and his J.D. degree from Boston University School of Law.

Organization Position Status
LodgeNet Interactive Corporation General Counsel & Senior Vice President Current

Organization Position Status
LodgeNet Interactive Corporation Senior Vice President, Sales Current
Duke University Bachelor of Science Former

Organization Position Status
LodgeNet Interactive Corporation Senior Vice President, Sales & Hotel Relations Current

Organization Position Status
LodgeNet Interactive Corporation Senior Vice President, Programming & Content Management Current
Iowa State University Bachelor of Science Former

Steven Pofahl is a Senior Vice President of LodgeNet Interactive Corporation (NASD: LNET) and was promoted to General Manager of Hospitality Operations in August 2008. Mr. Pofahl joined the company in 1989 when it was known as Satellite Movie Company and had only 20 employees. A 25-year industry veteran, Mr. Pofahl is responsible for all operational aspects of the Company’s Hospitality business including call center support, field service, installations and upgrades, project management, system production, quality assurance, technical training, and content management for all hotels served by LodgeNet across North America. With three decades of domain expertise in the electronics industry, Mr. Pofahl has held numerous technical positions with Spectradyne, Canon, Martin Marietta, and the U.S. Navy. His tenure with the U.S. Navy included world travels on the aircraft carrier U.S.S. Ranger and troubleshooting the electronics on the EA6B aircraft. Mr. Pofahl attended the University of Minnesota and the University of Sioux Falls and is a current member of the Society of Cable Telecommunications Engineers and the Association for Services Management International.

Organization Position Status
LodgeNet Interactive Corporation Senior Vice President, Technology Operations Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, Customer Service Current

Organization Position Status
LodgeNet Interactive Corporation General Counsel & Vice President Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, Marketing Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, Info Technology Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, Satellite Programming & Special Markets Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, HR Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, Sales & Operations Current

Organization Position Status
LodgeNet Interactive Corporation Vice President, Engineering & Technology Development Current

Casey C. Flynn has been in sales for over 33 years. He was recruited by a technology company now known as LodgeNet Entertainment to spearhead the development of a sales effort on the west coast of the United States. He has been with LodgeNet Entertainment for over 17 years as Regional Sales Manager, Director of Sales - Western Region, and Managing Director of Canadian Operations. He is well-versed in broadband technology and how it affects the residential and commercial hospitality industries. Before coming on board with LodgeNet, Mr. Flynn held a Wyoming real estate license, served as National Sales Manager for a joint venture start-up company with Ralston Purina, and was president of a California-based marketing company. Mr. Flynn was born and raised in Montana and grew up in the shadow of the Anaconda Copper Company in Butte, Montana. He attended public schools in Butte and graduated from the Montana School of Mineral Sciences and Technology and from the University of Montana with a general business degree. Mr. Flynn is a strong supporter of the Boy Scouts of America and The Salvation Army. He is an Eagle Scout and has held volunteer positions such as Vice President of the Exploring Program and Board Member for the Local Chapter of the Salvation Army.

Organization Position Status
LodgeNet Interactive Corporation Managing Director of Canadian Operations Current
LodgeNet Interactive Corporation Regional Sales Manager Current
Nacho Market Board of Directors Current
University of Montana Degree Former

Organization Position Status
LodgeNet Interactive Corporation Director, Corp Communications Current

Organization Position Status
LodgeNet Interactive Corporation Director, Product Current

Organization Position Status
Onforce, Inc. Partner Current
Akf Consulting, LLC. Partner Current
Abbott, Keeven, Fisher & Fortuna Consulting Current
Domain Name Rfunny.Com Current
LodgeNet Interactive Corporation Board of Directors Current
Rearden Commerce, Inc. Board of Directors Current
Onforce, Inc. Board of Directors Current
Goldmail, Inc. Board of Directors Current
University of Florida Board of Directors Current
Quigo, Inc. Chief Operating Officer Former
eBay Inc. Chief Technology Officer Former
eBay Inc. Senior Vice President, Technology Former
University of Florida MS In Computer Engineering Former

Organization Position Status
LodgeNet Interactive Corporation Board of Directors Current

Organization Position Status
LodgeNet Interactive Corporation Board of Directors Current
LodgeNet Interactive Corporation Chief Executive Officer Former
LodgeNet Interactive Corporation Chairman Former
MDC Partners Inc. Board of Directors Former
LodgeNet Interactive Corporation Director Former

Organization Position Status
LodgeNet Interactive Corporation Board of Directors Current

Scott Kirby was appointed US Airways’ president in September 2006. During his time at the airline, Scott’s most recent position was as US Airways’ executive vice president, sales and marketing, a position he held at America West Airlines prior to the two carriers’ September 2005 merger. He assumes the responsibility of airport customer service, and labor relations as well as overall responsibility for flight operations, maintenance and safety functions. He also oversees pricing, scheduling/planning, marketing, alliances, distribution, reservations and information technology. He joined America West in 1995 as senior director, scheduling and planning and was promoted to vice president, planning in October 1997. Kirby was named vice president, revenue management in May 1998 and senior vice president, e-business in early 2000. Prior to joining America West, Kirby worked for Sabre Decision Technologies (SDT), a subsidiary of AMR Corp, and worked at the Pentagon prior to SDT. Kirby earned bachelor degrees in computer science and operations research from the U.S. Air Force Academy and a Master of Science degree in operations research from George Washington University.

Organization Position Status
US Airways Group, Inc. President Current
LodgeNet Interactive Corporation Board of Directors Current
US Airways Group, Inc. Executive Vice President, Sales and Marketing Former
America West Airlines, Inc. Executive Vice President, Sales and Marketing Former
America West Airlines, Inc. Senior Vice President, e-business Former
America West Airlines, Inc. Vice President, Revenue Management Former
America West Airlines, Inc. Vice President, Planning Former
America West Airlines, Inc. Senior Director, Scheduling and Planning Former
The George Washington University M.S., Operations Research Former
United States Air Force Academy Bachelor Degrees, Computer Science and Operations Research Former

Organization Position Status
LodgeNet Interactive Corporation Board of Directors Current

Executive News

  • U.S. Airways has no plans to cut U.S. capacity

    Reuters - 7/08/09 - View Story

  • U.S. airlines see traffic decline in June

    Reuters - 7/07/09 - View Story

  • Airline stocks down

    Philadelphia Inquirer - 7/07/09 - View Story

  • Airlines report steep drops in June revenue

    Philadelphia Inquirer - 7/06/09 - View Story

  • Airline stocks jump on falling oil prices

    Marketwatch - 7/06/09 - View Story

  • US Airways Group, Inc. Reports Record June Load Factor

    Forbes.com - 7/06/09 - View Story

  • US Airways Group, Inc. Reports Record June Load Factor

    Business Wire - 7/06/09 - View Story

  • Corrections & Clarifications

    BusinessWeek - 7/02/09 - View Story

  • Announces Integrated IP Network Solution for HDTV, Broadband, Telephony, Digital Signage and In-Room Automation

    Broadcast Newsroom - 7/02/09 - View Story

  • LodgeNet Announces First Implementation of Intel-Based Mobile Internet Devices For...

    Reuters - 6/24/09 - View Story

  • LodgeNet Announces First Implementation of Intel-Based Mobile Internet Devices For the Hospitality Industry

    PR Newswire - 6/24/09 - View Story

  • LodgeNet Announces First Implementation of Intel-Based Mobile Internet Devices For the Hospitality Industry

    BusinessWeek - 6/24/09 - View Story

  • LodgeNet Announces New Free-to-Guest Solutions at HITEC

    PR Newswire - 6/23/09 - View Story

  • LodgeNet Announces Integrated IP Network Solution for HDTV, Broadband, Telephony, Digital Signage and In-Room Automation

    TickerTech.com - 6/22/09 - View Story

  • LodgeNet Announces Integrated IP Network Solution for HDTV, Broadband, Telephony,...

    Reuters - 6/22/09 - View Story

  • LodgeNet Launches New 'IPTV+' Solution Powered by Apple(R) Mac mini

    Street Insider - 6/22/09 - View Story

  • LodgeNet Launches New 'IPTV+' Solution Powered by Apple(R) Mac mini

    PR Newswire - 6/22/09 - View Story

  • LodgeNet Announces Integrated IP Network Solution for HDTV, Broadband, Telephony, Digital Signage and In-Room Automation

    PR Newswire via Yahoo! - 6/22/09 - View Story

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     LNET $5.13 -0.36 (-6.56% )
Average Volume 268,857
Shares Outstanding 22.54M
Market Cap 115.6M
Year High 7.77
Year Low 0.5
Earnings Per Share -1.24
P/E Ratio -4.14
Dividend N/A
Yield N/A
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