Former Travelocity CEO to lead Gilt Groupe

By Kate Rice
Michelle Peluso, head of Travelocity from 2003 to 2009, has been named CEO of Gilt Groupe, a luxury retail website. She will take over the position in February.

Peluso is currently a chief marketing executive at Citigroup and has served on Gilt's board of directors since October 2009.

Kevin Ryan, Gilt's founder and current CEO, will become chairman.

Peluso joined Travelocity after it acquired her website for last-minute travel deals, Site59, which she founded in 2000.

Carl Sparks, the current president and CEO of Travelocity Global, was previously president of Gilt Groupe.

Follow Kate Rice on Twitter @krtravelweekly.
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