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Online luxury retailer Gilt Groupe has named Michelle Peluso, a member of the board, to the position of chief executive after conducting a months-long search for someone to replace founder and CEO Kevin Ryan.

AllThingsD has learned that Peluso, who is currently the Global Consumer Chief Marketing and Internet Officer at Citigroup — and a Gilt director since 2009 — will be taking over in February. Ryan will become chairman and Susan Lyne will become vice chairman.