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Agribuys names CEO

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Torrance, Calif.--Agribuys, a supply chain integrator for the global food industry backed by the Internet Capital Group, announced Tuesday that Vijay Yajnik has been promoted to CEO-president. He has also been elected to the board of directors of the company. Yajnik joined Agribuys in January as president-COO. Agribuys’ founding CEO, Marina Kotsianas, will remain on the board. The Agribuys Online Marketplace provides a global hub for the trading of perishable foods. Its partners include the WorldWide Retail Exchange (WWRE), an Internet-based b-to-b exchange for retailers and their suppliers. The WWRE currently has 59 members, including Albertson's, Safeway Inc., Publix Super Markets and Winn-Dixie Stores Inc.
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