MAYNARD, Mass.--(BUSINESS WIRE)--July 22, 2005--Monster(R), the leading global online careers site and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), today announced the appointment of Mark Stoever as Senior Vice President and General Manager, Consumer Business. Mr. Stoever, who recently served as President and Chief Executive Officer of global Internet content and service provider Lycos, Inc., a wholly owned subsidiary of Terra Lycos, Inc., joins Monster with nearly 20 years of experience in product and brand management.
In this newly created position, Mr. Stoever will be responsible for the general management, as well as continued development and growth of several Monster properties including Monster Consumer, Military Advantage, Tickle and Monster Campus (FastWeb, Making it Count, MonsterTRAK).
"Mark has a proven track record of successfully developing consumer Internet properties and driving online revenue on a worldwide scale," said Bill Pastore, Chief Operating Officer, Monster Worldwide. "We expect his leadership skills, operational expertise and strong business acumen will positively impact the growth and innovation of Monster's consumer properties."
Mr. Stoever joined Lycos, Inc. in 1996 as a founding member of product marketing management and six years into his tenure, was named President and CEO of Lycos, Inc. Before his time at Terra Lycos, Mr. Stoever was a product manager at ON Technology Corp. and before that was with Microcom, Inc. Mr. Stoever is a graduate of Boston's Wentworth Institute of Technology and the recipient of a Masters in Business Administration from Boston University.
About Monster
Monster is the leading global online careers property. A division of Monster Worldwide, (NASDAQ: MNST) Monster works for everyone by connecting quality job seekers at all levels with leading employers across all industries. Founded in 1994 and headquartered in Maynard, Mass., Monster has 25 local language and content sites in 23 countries worldwide. More information is available at www.monster.com [1] or by calling 1-800-MONSTER. To learn more about Monster's industry-leading employer products and services, please visit http://recruiter.monster.com [2].
Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide's control, may cause actual results to differ materially from those contained in the forward- looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide's Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.
CONTACT: Monster
Michele Greenberg, 978-461-8384
michelegreenberg@monster.com [3]
or
Weber ShandwickWorldwide
Lauren McDonald, 617-520-7116
lmcdonald@webershandwick.com [4]
SOURCE: Monster