RedEnvelope Names COO, Marketing VP

San Francisco, Gift e-retailer RedEnvelope Inc. has promoted Ed Schmults to COO. He was formerly senior VP of operations. He has been with the company since May 2004.

RedEnvelope also named Gary Korotzer to the post of VP of marketing. He joins RedEnvelope from Charles Schwab and Co., where he most recently served as senior VP of mass affluent marketing.