MONTREAL, July 16, 2020
/CNW Telbec/ - Yellow Pages Limited (TSX: Y) (the "Company"),
a leading Canadian digital media and marketing company, announced
today an agreement to extend the tenure of its President and CEO,
David A. Eckert, for another 3
years. The Company's Board of Directors approved the
arrangement at a meeting late today.
"We are delighted and encouraged that David will be continuing
to lead the Company as we build on the strong momentum of the past
3 years and aim to complete the turnaround of the
business," said Susan Kudzman, Chair of the Board of
Yellow Pages Limited.
Eckert said, "I am honored to be able to continue leading the
terrific team of terrific people at YP." He continued, "I
believe there is much opportunity at YP, as we are building a great
company, for the benefit of our shareholders, our retirees, our
employees, our customers, and our communities. I believe our
future is bright, and I am glad I will be a part of it."
About Yellow Pages Limited
Yellow Pages Limited (TSX: Y) is a Canadian digital media and
marketing company that creates opportunities for buyers and sellers
to interact and transact in the local economy. Yellow Pages holds
some of Canada's leading local
online properties including YP.ca, Canada411 and 411.ca. The
Company also holds the YP, Canada411 and 411 mobile applications
and Yellow Pages print directories. For more information visit
www.corporate.yp.ca.
Caution Concerning Forward-Looking Statements
This press release contains forward-looking statements about
the objectives, strategies, financial conditions and businesses of
the Company. These statements are forward-looking as they are based
on our current expectations, as at July 16,
2020, about our business and the markets we operate in, and
on various estimates and assumptions. Our actual results could
materially differ from our expectations if known or unknown risks
affect our business, or if our estimates or assumptions turn out to
be inaccurate. As a result, there is no assurance that any
forward-looking statements will materialize. Risks that could cause
our results to differ materially from our current expectations are
discussed in section 5 of our May 12,
2020 Management's Discussion and Analysis. We disclaim any
intention or obligation to update any forward-looking statements,
except as required by law, even if new information becomes
available, as a result of future events or for any other
reason.
SOURCE Yellow Pages Limited