On the same day that Dex Media reports a Q3 2014 digital advertising year-over-year jump of nearly 11 percent, it has named eight newly promoted or newly hired executives. DexMedia, hampered by a 21 percent loss in print advertising revenue, ended the third quarter with a net loss of $59 million, a 56 percent improvement over Q3 2013.
Here is the announcement of the new team:
Dex Media Announces New Executive Leadership
New team a mix of Dex talent and seasoned former Yellowbook execs
DALLAS–(BUSINESS WIRE)–Nov. 4, 2014– Dex Media, Inc. (NASDAQ:DXM), one of the largest national providers of social, local and mobile marketing solutions through direct relationships with local businesses, today announces the appointment of new executive leadership.
“My mandate from the board is to accelerate Dex Media’s transformation and move the company forward quickly,” President and CEO Joe Walsh said. “To accomplish this, I assembled a dream team combining talent from within the company as well as some long-time colleagues from the industry.”
Walsh said he aims to infuse Dex Media with the same kind of entrepreneurial energy that characterized his prior successes at Yellowbook, the dynamic local media company he led until 2011. Several new team members served under Walsh as they grew Yellowbook from a regional directory publisher to a national advertising and digital marketing solutions powerhouse with over $2 billion in revenue.
Mark Cairns EVP Operations & Client Services
Michael Dunn Chief Technology Officer
Ray Ferrell General Counsel & Secretary
Gordon Henry Chief Marketing Officer
Del Humenik Chief Revenue Officer
Paul Rouse Chief Financial Officer & Treasurer
Deb Ryan EVP Human Resources & Employee Administration
Gary Shaw Chief Information Officer
All appointments are effective immediately, except for CFO. Rouse will become CFO effective Nov. 14, 2014, simultaneous with the resignation of the current CFO. To ensure a smooth transition of his responsibilities to Rouse, Dex Media and current CFO Samuel D. Jones have entered into a Consulting Services Agreement.
About Dex Media
Dex Media (DXM) is a full-service media company offering integrated marketing solutions that deliver measurable results. As the marketing department for more than 500,000 small and medium-sized businesses across the U.S.,Dex Media helps them Get Found, Get Chosen and Get Talked About. The company’s widely used consumer services include the DexKnows.com® and Superpages.com® search portals and applications as well as local print directories. For more information, visit www.DexMedia.com.
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