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CareerBuilder Names New Chief Executive
Officer
Former
HeadHunter.net CEO, Robert Montgomery, assumes leadership
of company
New
senior management team named
CHICAGO, March 4, 2002 -- CareerBuilder,
Inc., Knight-Ridder, Inc. (NYSE: KRI) and Tribune Company
(NYSE: TRB) today named
Robert M. Montgomery as the new chief executive officer of
CareerBuilder. Montgomery was the former chief executive officer
of HeadHunter.net from 1999 until it was acquired by CareerBuilder
in November 2001. Also joining the team are Matt Ferguson,
who was named CareerBuilder's chief operating officer, and
Mary Delaney, who will serve as its chief sales officer. Matt
and Mary are also former HeadHunter employees.
"I'm excited about the opportunity and
committed to providing the best user experience to job seekers
and the most valuable recruitment solutions to employers,"
said Montgomery. "In a very short period of time, CareerBuilder
has grown from a start-up company to one of the top online
recruitment sources in the nation with great name recognition.
We're going to continue that momentum and expand our share
of this growing market."
Montgomery emphasized CareerBuilder's advantage
of having strong partnerships with local newspaper publishers
across the country. Last Fall, more than 40 Knight Ridder
and Tribune daily newspapers launched new Sunday help-wanted
sections branded 'CareerBuilder'. Across the country, CareerBuilder
brings both print and online recruitment solutions to job
seekers and employers.
"CareerBuilder and its newspaper partners
will continue to outperform the national job boards with more
local jobs and the best local talent in the recruitment marketplace,"
Montgomery added.
During Montgomery's tenure at HeadHunter, its
revenues grew from less than $1 million to more than $50 million
in 2001, prior to the CareerBuilder acquisition. He led the
company through its initial public offering in August 1999,
and helped it achieve profitability just 18 months later,
in the first quarter of 2001.
"As CEO of HeadHunter, Bob became the
leading sales and marketing executive in on-line recruiting.
For 15 years he has been growing revenue and market share
for high tech companies and products, like Intercall, Telecom
USA and MCI," said Dan Finnigan, president of Knight
Ridder Digital. "Bob's energy and passion are contagious,
and he has a laser-focused vision on how we can quickly become
the undisputed leader. It is going to be a great pleasure
to work with Bob as he leads CareerBuilder past the competition."
Matt Ferguson joins Montgomery at CareerBuilder's
chief operating officer. Ferguson previously worked with Montgomery
at HeadHunter, and then joined CareerBuilder as its senior
vice president of business and corporate development following
the company's acquisition of HeadHunter. He held a similar
post while at HeadHunter.
While at HeadHunter, Ferguson negotiated strategic
partnerships with companies such as Yahoo!, Lycos, and MSN.
He also managed HeadHunter's small business unit and created
a career fair unit and a sponsorship sales group.
Mary Delaney joins CareerBuilder as chief sales
officer, responsible for all of the company's sales efforts.
Since January 2000, Delaney has served as lead sales consultant
to HeadHunter and CareerBuilder, overseeing the sales integration
efforts. She also helped design and implement a new sales
compensation plan, launched new vertical markets and redesigned
the sales process and training program.
"CareerBuilder has become one of the clear
leaders in online recruitment," said David Hiller, president
of Tribune Interactive. "Rob McGovern founded and built
a great company and Bob did the same at HeadHunter. The merger
brought together two strong teams and now Bob, Matt and Mary
will help lead these teams to the next level."
:: :: ::
CareerBuilder is the recruiting source
for connecting employers with the right talent and professionals
with the right jobs. CareerBuilder attracts the most qualified
candidates by reaching the best audiences - in print and online,
locally and nationally. In partnership with Tribune Company
(NYSE:TRB) and Knight-Ridder
Inc. (NYSE: KRI), CareerBuilder provides the most integrated
print and online recruitment solutions available in major
markets throughout the United States, including CareerBuilder-branded
help wanted sections reaching more than 25 million people
every Sunday. With the Chicago Tribune, Los Angeles Times,
Newsday, The Miami Herald, The San Jose Mercury News, and
The Philadelphia Inquirer, as well as many other major metropolitan
newspapers and local news and information sites throughout
the country, CareerBuilder provides more local jobs than any
other recruitment solution. For more information about CareerBuilder
products and services, call 888.670.TEAM or visit CareerBuilder
at www.careerbuilder.com.
Knight Ridder (NYSE: KRI) is the nation's
second-largest newspaper publisher, with products in print
and online. The company publishes 32 daily newspapers in 28
U.S. markets, with a readership of 8.4 million daily and 12.3
million Sunday. Knight Ridder also has investments in a variety
of Internet and technology companies and two newsprint companies.
The company's Internet operation, Knight Ridder Digital (http://www.knightridderdigital.com),
creates and maintains a variety of online services, including
Real Cities (www.RealCities.com),
a national network of city and regional destination sites
in 58 U.S. markets. Knight Ridder and Knight Ridder Digital
are located in San Jose, Calif.
TRIBUNE (NYSE:
TRB) is one of the country's premier media companies,
operating businesses in broadcasting, publishing and on the
Internet. It reaches more than 80 percent of U.S. households,
and is the only media company with television stations, newspapers
and Web sites in the nation's top three markets. Tribune media
span 23 major-market television stations, including national
superstation WGN-TV; 12 market-leading daily newspapers, including
the Los Angeles Times, Chicago Tribune and Newsday; and news
and information Web sites in 18 of the nation's top 30 markets.
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