Yell carves out new business development role
Yellow Pages publisher Yell has appointed Matt Anderson to the new role of chief strategy and business development officer.
Yellow Pages publisher Yell has appointed Matt Anderson to the new role of chief strategy and business development officer.
Yell, once a member of the FTSE 100, said Anderson will provide leadership for the company's corporate strategy and business development for strategic partnerships.
"His focus will be on driving the group's continuing digital transformation to become a leader in the emerging local eMarketplace. At the core of his role, will be building key global and strategic partnerships and working closely with Yell's digital team to develop new digital solutions and products, as well as incubating new businesses with global potential," the directories company in a company statement.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Anderson joins Yell from Booz & Co where he helped companies adopt the latest digital and technology trends in eCommerce, social media, mobile, and digital media and marketing.
Yell has faced an onslaught of challenges making the shift to digital media from life as a printed directory listings firm. It was also hit hard by the impact of the recession on its small business customers.
Its share price slumped in 2011, indeed it was one of the worst performing stocks of the year, but things picked up a little in December after its lenders agreed on amendments to financing. An advertising tie-up with Microsoft and an alliance with Netbiscuits also generated some excitement in September.
New businesses with global potential will be key to Yell's progress in 2012 as continues to carry out its transformation programme.
--
cj
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published