Travelzoo Inc. (NASDAQ:TZOO), a global Internet media company, announced
today it is making management changes within its Local and Search
businesses.
Mark Webb, president of Travelzoo Local, is leaving the company on May
1, 2014. Michael Stitt will assume leadership of the company’s Local
business in North America. Mr. Stitt joined Travelzoo in 2004 and
launched Travelzoo Local in 2010. In Europe, Travelzoo Local will report
to the respective country manager in each market.
Travelzoo also appointed David White to lead Travelzoo’s Search
business. Mr. White joins Travelzoo from Yahoo!, where he served as
senior director of product operations. Prior to his position at Yahoo!,
he developed and ran Efficient Frontier’s European business. Mr. White
holds a Bachelor of Science degree in Electrical Engineering and
Computer Science from the University of California at Berkeley.
The management changes are made in response to the continued weakness in
the company’s local voucher sales and declining search revenues.
About Travelzoo
Travelzoo Inc. is a global Internet media company. With more than 27
million subscribers in North America, Europe, and Asia Pacific and 25
offices worldwide, Travelzoo® publishes deals from more than 2,000
travel, entertainment and local companies. Travelzoo Deal Experts review
offers to find the best deals and confirm their true value. In Asia
Pacific, Travelzoo is independently owned and operated by Travelzoo
(Asia) Ltd. and Travelzoo Japan K.K. under a license agreement with
Travelzoo Inc.
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Copyright Business Wire 2014