Yahoo! Appoints Pierre Chappaz, as President of Yahoo! Europe and Dominique Vidal, Chief Operating Officer Yahoo! Europe.LONDON -- European Internet Industry Pioneers To Lead Yahoo! Europe Yahoo! Inc. (NASDAQ NASDAQ in full National Association of Securities Dealers Automated Quotations U.S. market for over-the-counter securities. Established in 1971 by the National Association of Securities Dealers (NASD), NASDAQ is an automated quotation system that reports on :YHOO YHOO Yahoo! Inc. (NASDAQ symbol) )(LSE LSE - Language Sensitive Editor :YHOOq), a leading global internet company, today announced that Pierre Chappaz and Dominique Vidal have been appointed to lead its consumer internet operations in Europe. As President of Yahoo! Europe, Chappaz, 45, will lead the European operations of Yahoo! and Kelkoo, which Chappaz co-founded and which was acquired by Yahoo! Inc. earlier this year. Chappaz will report to John Marcom, SVP SVP S'il Vous Plaît (French: Please) SVP Senior Vice President SVP Schweizerische Volkspartei (Swiss People~s Party) SVP Society of Vertebrate Paleontology SVP Social Venture Partners SVP St Vincent de Paul of International Operations Internal Operations (I.O., IO or I/O) is a fictional American Intelligence Agency in Wildstorm comics. It was originally called International Operations. I.O. first appeared in WildC.A.T.S. volume 1 #1 (August, 1992) and was created by Brandon Choi and Jim Lee. , Yahoo! Inc. Vidal, 40, becomes Yahoo! Europe Chief Operating Officer Chief Operating Officer (COO) The officer of a firm responsible for day-to-day management, usually the president or an executive vice-president. reporting to Chappaz. "Chappaz and Vidal bring to Yahoo! a rare combination of superior understanding of European online consumer behaviour, coupled with entrepreneurial drive seasoned by the experience of building a uniquely successful pan-European internet business," said John Marcom, SVP of International Operations, Yahoo Inc. "Their combined reputation as internet visionaries within the European marketplace, combined with their strong strategic and exceptional track record, make them powerful additions to our global management team." Chappaz will lead the company's product, marketing and technology initiatives across the region, while Vidal will oversee day-to-day operations in the ten European territories in which Yahoo! and Kelkoo operate. Overture will continue operating under its current management structure in Europe. Chappaz and Vidal join Yahoo! Europe from Kelkoo, Europe's leading shopping search engine, which Yahoo! Inc., acquired in April 2004. Chappaz was the founder and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Kelkoo, which he established in 1999, and developed into Europe's leading shopping search engine. Its index of more than ten million product offers, in ten European countries, is used by one out of ten European internet users(1). Before founding Kelkoo, Chappaz spent five years at IBM (International Business Machines Corporation, Armonk, NY, www.ibm.com) The world's largest computer company. IBM's product lines include the S/390 mainframes (zSeries), AS/400 midrange business systems (iSeries), RS/6000 workstations and servers (pSeries), Intel-based servers (xSeries) , most recently as Director of Marketing, IBM Western Europe Western Europe The countries of western Europe, especially those that are allied with the United States and Canada in the North Atlantic Treaty Organization (established 1949 and usually known as NATO). . During this period of time Chappaz was responsible for a significant reorganisation of the IBM marketing teams and revamping of the brand as a European e-business leader. Previously, he held several senior management positions in the European high-tech industry, including Marketing Director at Toshiba France and Legent/Computer Associates. Chappaz commented; "Since becoming part of the Yahoo! group of companies, I have been particularly impressed by the depth of opportunity that exists for Yahoo!'s operations and brand within the European market place. Having founded and developed Europe's leading shopping comparison portal site Noun 1. portal site - a site that the owner positions as an entrance to other sites on the internet; "a portal typically has search engines and free email and chat rooms etc. , Dominique and I believe that our background is very well suited to driving Yahoo! Europe as it enters into its next phase of development. I believe in the vision that Yahoo! has for its International operations and look forward to working with the European management team to build, create and execute upon new opportunities for the European business. Vidal was most recently Group Managing Director of Kelkoo, where he conducted the successful expansion of the company in the UK and Northern Europe. Prior to this he headed up the IT department at Banexi Ventures and also spent 10 years at Schlumberger within both the USA and France, focusing on M&A and strategic ventures. Vidal added; "I am very excited to be joining a fantastic European team at a key tipping point The point in time in which a technology, procedure, service or philosophy has reached critical mass and becomes mainstream. See network effect. See also tip and ring. within the European internet industry. Yahoo! already has over fifty million unique visitors A count of how many different people access a Web site. For example, if a user leaves and comes back to the site five times during the measurement period, that person is counted as one unique visitor, but would count as five "user sessions. to its European network(2), a top quality advertiser client base and a market leading position. I believe that we will be able to embrace and execute upon even more opportunities within Europe to make Yahoo! European internet destination of choice for both consumers and advertising clients across Europe." About Yahoo! Europe Yahoo! Europe provides communications, commerce and media services across its six sites in Europe to meet the needs of local consumers. Yahoo! Europe is comprised of the Yahoo! sites for the UK & Ireland (www.yahoo.co.uk), France (www.yahoo.fr), Germany (www.yahoo.de), Italy (www.yahoo.it), Spain (www.yahoo.es) and Catalan (www.ct.yahoo.com). The Yahoo! offices are in London, Paris, Munich, Milan and Madrid and Yahoo! Europe is headquartered in central London. About Yahoo! Yahoo! Inc. is a leading provider of comprehensive online products and services to consumers and businesses worldwide. Yahoo! is the No. 1 Internet brand globally and the most trafficked Internet destination worldwide. Headquartered in Sunnyvale, Calif., Yahoo!'s global network includes 25 world properties and is available in 13 languages. About Kelkoo In April 2004, Yahoo! Inc. acquired Kelkoo.com, which was founded in 2000, following mergers with Zoomit.com, Dondecomprar.com and Shopgenie.com. Within 2 years of launching, Kelkoo became Europe's largest e-commerce website after Amazon and Ebay and the largest e-commerce advertising platform both in the UK and Europe. Kelkoo now operates in 10 European countries and receives reaches 3.7 million users in the UK alone (Nielsen NetRatings). Kelkoo was nominated by Nielsen one of the 10 most influential websites of the decade, and received praise by BBC BBC in full British Broadcasting Corp. Publicly financed broadcasting system in Britain. A private company at its founding in 1922, it was replaced by a public corporation under royal charter in 1927. Online for "paving the way for online shopping" (December 2003). Kelkoo operates the shopping channel of MSN (1) (MicroSoft Network) A family of Internet-based services from Microsoft, which includes a search engine, e-mail (Hotmail), instant messaging (Windows Live Messaging) and a general-purpose portal with news, information and shopping (MSN Directory). across Europe, the Ask Jeeves Product Search in the UK and Yahoo! Shopping in France, Italy and Spain. In the UK, 41 of the top 50 retailers currently advertise on Kelkoo. Amongst Kelkoo's more than 2,000 UK advertising clients are leading online names like Amazon, Dabs.com, Play.com, Ebookers, Yoox.com, Figleaves, Opodo and Lastminute, as well as big high street brand names such as Comet, Dixons, John Lewis, Principles, Carphone Warehouse, WHSmith and Tesco. Kelkoo helps shoppers to compare prices on over 2 million product offers(3) and save on major brand names like Calvin Klein, Gucci, HP, Dell, Fuji, Black & Decker, Bosch, Smeg, GHD GHD Growth Hormone Deficiency GHD Good Humanitarian Donorship GHD Good Hair Day GHD Gutteridge Haskins and Davey GHD Graduate Hall Director (university housing) GHD Global Help Desk GHD Growth Hormone Disorder , Nokia, Aston Martin and Nike. (1)Nielsen Netratings, August 2004 (2)Yahoo! Research Internal Data, August 2004 (3)(not including the millions of books, CDs flights and holidays to be found on Kelkoo) |
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