Travelzoo Announces Management Changes In Local & Search

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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