September 6, 2011
“The tough decisions over the last three years have paid off” says Yahoo!’s Rich Riley
Yahoo!’s EMEA leader to highlight region’s “transformative” turnaround at top broadcaster’s event
LONDON – Yahoo!’s Rich Riley will speak on the transformative turnaround that he has led in Yahoo!’s EMEA region at IBC, in Amsterdam on Thursday 8th September.
Since his appointment three years ago, Riley, the Senior Vice President and MD of the EMEA Region has taken the company’s weakest region and turned it around. EMEA is now one of the fastest growing regions within Yahoo!, it is gaining share and growing revenue. Riley will speak on the panel titled “Demanding Managerial Challenges” and will share the lessons from the restructuring and strategy review that he undertook following his appointment.
Rich Riley said: “The tough decisions we took to transform the region, over the last three years, have paid off – Yahoo! has a great story in EMEA. We now have tremendous momentum with double digit revenue growth, audience at an all time high and growing display market share. I’m looking forward to sharing our turnaround with my fellow panellists and the delegates of the Leaders’ Summit. The IBC has a strong record of fascinating panel discussions on issues both pertinent and relevant to the industry.“
Yahoo!’s EMEA results show that the second quarter of 2011 was the fifth consecutive quarter of growth. Revenue grew 16% to $105 million and display advertising revenue grew 27% year on year.
The panel will also feature Sir Martin Sorrell and senior executives from Deloitte, Cisco and the BBC. The panel will be chaired by veteran broadcaster and journalist, Andrew Neil.
About IBC
IBC is the premier annual event for professionals engaged in the creation, management and delivery of entertainment and news content worldwide. In 2010, the event attracted more than 48,000 attendees from 140 countries around the world, exhibiting more than 1,300 of the world’s key technology suppliers and showcasing a debate-leading conference. The IBC Leader’s Summit will explore how leaders must adapt to this new business environment and help set the agenda for our future strategy. Our aim is to equip leaders for the future, enabling the attendees to lead their organisations to success through this new media landscape. Underpinned by fresh and diverse research from Deloitte, IBC has invited inspirational and successful leaders from across the industry to share their vision and experiences with an invited audience of industry leaders. The event will be held on September 8-9 at RAI Conference Centre, Amsterdam, The Netherlands.
About Yahoo!
Yahoo! (NASDAQ:YHOO) is the premier digital media company, creating deeply personal digital experiences that keep more than half a billion people connected to what matters most to them, across devices and around the globe. That’s how we deliver your world, your way. And Yahoo!’s unique combination of Science + Art + Scale connects advertisers to the consumers who build their businesses. For more information, visit the pressroom (pressroom.yahoo.com) or the company’s blog, Yodel Anecdotal (yodel.yahoo.com). Yahoo! is the trademark and/or registered trademark of Yahoo! Inc. All other names are trademarks and/or registered trademarks of their respective owners.
Contact
Stephen Sobey
EMEA Executive Communications, Yahoo!
Direct +442071311540 Mobile +447827301458
