|[April 02, 2014]
ReachLocal Names Sharon Rowlands as Chief Executive Officer
WOODLAND HILLS, Calif. --(Business Wire)--
ReachLocal, Inc. (NASDAQ:RLOC), a leader in powering local online
marketing for small and medium-sized businesses (SMBs), announced today
that it has named Sharon Rowlands as Chief Executive Officer and a
member of its Board of Directors effective immediately, replacing
interim CEO David Carlick, who will remain Chairman of the Board. Ms.
Rowlands has more than 20 years of experience leading multi-billion
dollar companies serving small and medium-sized businesses, financial
markets and enterprise customers. She also has significant public
company board experience, having served on the ADP board from 2008 to
2011 and as a member of the Constant Contact (News - Alert) board since 2010.
"Sharon brings a wealth of expertise to ReachLocal. She has been
recognized for driving strong growth and transformative change during
her tenure at both Thomson (News - Alert) and Penton Media," said David Carlick,
Chairman of ReachLocal. "Her experience with small and mid-sized
businesses, as well as in developing digital platforms and workflow
solutions, will prove invaluable as we continue to grow ReachLocal's
offerings and customer-base."
"I am very excited to join ReachLocal as CEO and lead this global
company to its next level of success by building a more comprehensive
suite of services for our clients that drives growth and shareholder
value," said Sharon Rowlands. "My passion for providing a strong value
proposition for our clients and my experience growing businesses are
aligned with our main objective: making ReachLocal the main partner SMBs
need to solve all their digital marketing needs.
Ms. Rowlands was mostly recently CEO of Altegrity, a billion dollar
global risk consulting and information services company with
approximately 10,000 employees around the world, which she transformed
from a holding company into three independent business units, each with
its own growth strategy. Prior to Altegrity, she was CEO of Penton
Media, where she led development of the company's digital advertising
platform and scaled it to a core capability - providing Penton's six
million advertisers with the tools needed to increase their online
From 1997 to 2008, Ms. Rowlands worked for Thomson Financial, a $2
billion division of The Thomson Corporation that provides content,
technology and services for the world's largest financial institutions.
While with Thomson, she held a variety of executive-level positions,
including President and CEO from 2005 to 2008. Ms. Rowlands was
instrumental in developing the strategy that guided Thomson Financial's
transformation from 45 disparate product platforms to a more cohesive
global financial information and technology provider serving thousands
of global companies. She also established Thomson as one of the most
innovative partners to the global financial community, as evidenced by
her induction into the Inside Data Hall of Fame in 2003. In addition,
Ms. Rowlands was awarded the 2005 Women's Bond Merit Award for
outstanding contribution within the financial services industry.
About ReachLocal, Inc.
ReachLocal, Inc. (NASDAQ: RLOC) develops online marketing and
transaction solutions that power local commerce for SMBs, from lead
generation and lead conversion to booking and buying. Our global
distribution network includes local Internet marketing consultants and
service professionals, along with select third-party agencies and
resellers, across 5 continents. ReachLocal is headquartered in Woodland
Hills, Calif. Subscribe to ReachLocal's free newsletter
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For more information about ReachLocal, visit http://www.reachlocal.com,
follow us at http://www.reachlocal.com/social,
or email firstname.lastname@example.org.
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