FedBid, Inc., the fully-managed online marketplace helping governments, business and educational institutions save on simple goods and services, announced the appointment of Kevin R. Maloney to the post of executive vice president of sales and marketing, charged with driving FedBid’s worldwide revenue growth and market expansion efforts, as a key member of the senior executive team. His appointment marks the latest move by the company to build its expansion into new markets, a growth spearheaded by January 2012’s investment by renown technology entrepreneurs Ted Leonsis and Steve Case’s Revolution Growth fund. Read the full media release HERE.