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April 21, 2006

Peaches and diamonds

Posted by Monica Soto at 10:36 AM

It's proxy season and online jeweler Blue Nile has two board members up for election, including one notable figure from our tech-boom past.

Mary Alice Taylor was chairman and chief executive of HomeGrocer.com from September 1999 to October 2000, when the Kirkland-based online grocer (famous for its peach-emblazoned vans) was sold to rival Webvan. It took that company less than a year to drive the entire venture into the ground.

Taylor is now an independent business executive, who serves on the boards of Allstate, Autodesk and Sabre Holdings.

Meanwhile, Blue Nile CEO Mark Vadon's take-home pay (including bonus) was $357,725 in 2005, a 4.8 percent drop from the year before when he received a heftier bonus.

Vadon owns 1.7 million shares, or 9.7 percent of the company.


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