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Blucora Shareholders Elect David Chung to Board of Directors

Blucora Shareholders Elect David Chung to Board of Directors

At today’s annual meeting, shareholders of Blucora, Inc. (NASDAQ:BCOR) elected David H.S. Chung to the Board of Directors.

"We’re excited to have David join the Board. His experience aligns well with our strategy to continue to grow Blucora both organically and through future acquisitions,” said Blucora Chief Executive Officer Bill Ruckelshaus. "David’s breadth of expertise will be an asset to the Company as we continue to pursue strategic opportunities and execute against future plans.”

Mr. Chung brings more than 17 years of experience in private equity and public market investing. From 2006 to 2012, he was a partner at Blum Capital Partners, L.P., a San Francisco-based investment firm focused on private equity and public strategic block investments. Prior to Blum Capital, Mr. Chung was a founder of Perspective Value Partners from 2005 to 2006, a partner at Standard Pacific Capital from 2002 to 2004, and a director/principal at KKR from 1995 to 2002. Previously, Mr. Chung was a management consultant at McKinsey & Co. and an investment banker at Hambrecht & Quist. He is currently a director of Payless Holdings, Inc. and an alternate director of Xtralis Holdings, Inc. He also serves on the Board of Trustees of the Fine Arts Museums of San Francisco, the Hamlin School, and SLS School. He is a graduate of Harvard Business School and Harvard College.

About Blucora™

Blucora operates two leading Internet businesses. Our InfoSpace business provides online search and monetization solutions to a network of more than 100 partners globally. Through TaxACT, we provide online tax preparation solutions to consumers and professional preparers. The Blucora team brings decades of experience operating and investing in digitally-enabled businesses. More information about Blucora may be found at www.blucora.com. Follow and subscribe to us on Twitter, LinkedIn and YouTube.

<div class="copyright"> Copyright Business Wire 2013 </div>


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