Two signficant leadership changes have occurred in the global Yellow Pages industry over the past few days. In Canada, Yellow Media CFO Christian Paupe has resigned to “pursue other interests.” His departure is effective immediately.
Yellow Media, a leading print and online advertising company in Canada, has been taking some heat of late over its debt, particularly in the face of an accelerating decline in its core print directory business. This is the second recent departure of a key executive. Yellow Media CMO Stephane Marceau resigned in May, after less than two years on the job. Paupe had a much longer tenure than Marceau, having been with Yellow Media since 2003.
Over in Europe, European Directories has named a permanent CEO to replace interim chief Peter Briggs, who is with the turnaround firm Alvarez and Marsal. Toon Bouten, a former CEO of StoreNord and a past executive at Philips and Compaq, took over the helm at EDSA in August. Briggs will remain on the EDSA board.