Privately held Fry Multimedia Inc. has tapped its first VP of corporate development to work on the e-Commerce Web site designer and manager’s M&A efforts. The Ann Arbor, Mich.-based company won’t jump headlong into acquisitions, however, said Tim Nolan, who was promoted to the position around the beginning of September. The focus will be “partnership with the idea of eventual M&A,” he said. Nolan, an engineer, has been with Fry since its launch more than six years ago. Prior to joining Fry, he was “designing radar systems academically,” Nolan said.
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