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    Yell CFO and CEO to step down

    Yell CFO and CEO to step down

    John David and John Condron to step down

    Author Writer Date published May 18, 2010 Categories

    The CFO and CEO of Yellow Pages publisher
    Yell are to
    leave the business.

    John Davis, its CFO, wishes to step down to “pursue a new direction in his
    career” and will leave when a successor is in position. CEO John Condron will
    retire by May 2011.

    Chairman Bob Wigley said that Davis had implemented strong financial
    disciplines, and ensured consistently “very strong” cash flows.

    The group posted year-end performance ahead of guidamce. Revenues were down
    11.5% to £2.1bn on the previous year. Profits were £46m. It share price fell 9%
    in the morning’s trading.

    Further reading:

    Former
    T-Mobile CEO takes merged Orange CFO role

    Diageo’s
    Nick Rose to step down

    Unprecedented
    Dyson move opens career door for FDs

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