Yahoo!7 promotes COO Stuart Sayers to CEO

Media network Yahoo!7 has announced the appointment of current COO Stuart Sayers to the role of CEO, replacing former CEO Rohan Lund who has moved to COO of Seven West Media Group.

The announcement:

Yahoo!7 today announced that Stuart Sayers has been appointed to the role of Yahoo!7 Chief Executive Officer (CEO), effective September 1, 2012. Sayers replaces Rohan Lund, who will transition to the role of Group Chief Operating Officer (COO) of the Seven West Media Group.

Sayers has nearly 20 years of experience in business management and operations. Most recently, he was COO of Yahoo!7 where he was responsible for the company’s technology operations, editorial management, finance, human resources and transactional businesses.

Prior to joining Yahoo!7, he held management and strategy roles at ANZ Bank and E*TRADE. Sayers spent eight years at McKinsey & Company where he consulted to a number of leading businesses regarding corporate strategy, pricing strategy, cost reduction and performance improvement. He began his career in brand management at Procter & Gamble.

“Yahoo!7 is a business with a culture of innovation, partnership and success,” said Rose Tsou, Senior Vice President of Yahoo!’s Asia Pacific region and chair of the Yahoo!7 board. “I’m confident that Stuart’s strong leadership and the experience of the Yahoo!7 executive management team will help take Yahoo!7 into its next phase of growth.”

According to Sayers: “Since I joined Yahoo!7, I’ve been extremely impressed and energised by the great work already being done and the range of opportunities that lie ahead for the business in a rapidly changing industry. I relish this opportunity to work alongside the Yahoo!7 executive team and the Yahoo!7 board to cement our leadership position and drive continued growth.”

Source: press release


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