marketing executive Loren Smith has been named president and chief operating officer of the Internet postage company Stamps.com.

Mr. Smith, who has spent more than 40 years in marketing and operations, is a former vice president of Citibank's consumer services group. He has been a consultant to Stamps.com and a member of its board since February.

"Stamps.com is fortunate to add Loren to its management team, said former Postmaster General Marvin Runyon, also a director of the company. In view of the national launch of the Stamps.com service in October, "Loren's addition to the organization will increase the management focus on a world-class experience for the customer."

Stamps.com also named chief executive officer John Payne to the additional post of chairman.

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