Silver Planet Expands Management Team with Addition of CFO

Tuesday, December 22, 2009

Colorado Springs, CO – Silver Planet®, an online provider empowering boomers and seniors to age with choice, has added Kyle C. Murphy as chief financial officer (CFO) to its management team. Silver Planet provides services, products, and information to baby boomers and seniors to make informed decisions about aging in place and housing options.

Kyle C. Murphy brings more than 20 years of experience building customer-centric companies. He has repeated success helping to grow early-stage companies to profitability and to successful exits for the investors. He also serves as the president for SwitchStream, a growth strategy firm. Previously, Murphy was EVP and CFO of a venture-funded software-as-a-service company located in Los Angeles. He earned his MBA from Pepperdine University.

As CFO of Silver Planet, Murphy will be responsible for guiding the company in its next stage of growth, including financial, operational, and strategic functions.

"As Silver Planet reaches toward its next level of growth, I am delighted to have someone of Kyle's caliber joining our management team," stated Silver Planet CEO Karen Klein. "Silver Planet's unique consumer solution for housing and aging advice is staged to grow significantly over the next few years, and Kyle's experience scaling companies with an emphasis on consumer satisfaction fits well with our strategy."
 
Silver Planet will be introducing several new business initiatives in early 2010 that will continue to build on the comprehensive solution it provides to consumers, which is more extensive than available anywhere else online. Significant business growth at Silver Planet is expected from the new initiatives, which Murphy will play a significant role helping to execute.

About Silver Planet

Silver Planet is the premier online source of services, products, and information that empowers baby boomers and seniors to make informed decisions about aging in place and housing options. Silver Planet's services and products include counseling, resource identification, and educational information.
 
For more information about Silver Planet, contact Amy Babcock, ababcock@silverplanet.com, (719) 488-9266.