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4-Traders Homepage  >  Equities  >  Nasdaq  >  Web.com Group Inc    WEB

WEB.COM GROUP INC (WEB)
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Web com : Appoints New Chief Financial Officer

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05/22/2018 | 05:29pm CEST

(GlobeNewswire) - Web.com Group, Inc. (Nasdaq:WEB), the marketing partner for businesses wanting to connect with more customers and grow, today appointed Jennifer Lada as senior vice president and chief financial officer (CFO), effective July 1, 2018.

With more than 20 years of financial management experience, Lada serves as vice president and chief accounting officer of Web.com. Before joining the company in 2017, Lada was vice president of financial reporting at PGA TOUR, Inc., and at Advanced Disposal was vice president of financial reporting and director of financial reporting and investor relations. During her 15-year career at PricewaterhouseCoopers, she led domestic and international audit teams and served as chief auditor for the state of Florida.Lada is a Certified Public Accountant and has both a bachelors degree and a masters degree in accounting from the University of Florida.

Jennifer is a seasoned executive with a wealth of experience and a strong leader who exemplifies everything we value, said David L. Brown, chairman, chief executive officer, and president of Web.com. Jennifer is in the perfect position to hit the ground running to ensure continuity at this important timein our company`s growth.

Lada will succeed Kevin Carney, who has been with Web.com for 20 years and has served as executive vice president and CFO since 2002. Carney will continue as CFO until his retirement on June 30 while working with Lada on a smooth transition.

Added Brown, Through his integrity and leadership, Kevin has been a standard-bearer for the Web.com culture and an integral part of building and ensuring the financial success of Web.com. We will miss Kevin, but he will leave behind a legacy of fiscal stewardship and discipline that has served the company and its investors well.

About Web.comSince 1997 Web.com (Nasdaq:WEB) has been the marketing partner for businesses wanting to connect with more customers and grow. We listen, then apply our expertise to deliver solutions that owners need to market and manage their businesses, from building brands online to reaching more customers or growing relationships with existing customers. For some, this means a fast, reliable, attractive website; for others, it means customized marketing plans that deliver local leads; and for others, it means customer-scheduling or customer-relationship marketing (CRM) tools that help businesses run more efficiently. Owners from big to small can focus on running the companies they know while we handle the marketing they need. To learn how this global company collaborates with customers and employees to achieve their potential, explore www.web.com or follow on Twitter at @webdotcom or on Facebook at www.facebook.com/web.com.

Contacts

Investors:Ira [email protected]

Media:Corporate Communications(904) [email protected]

Source: Web.com Group, Inc.

A photo accompanying this announcement is available upon request.

(c) 2018 Palestine News & Information Agency (WAFA). All rights reserved. Provided by SyndiGate Media Inc. (Syndigate.info)., source Middle East & North African Newspapers

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Financials ($)
Sales 2018 750 M
EBIT 2018 157 M
Net income 2018 36,7 M
Debt 2018 538 M
Yield 2018 -
P/E ratio 2018 23,55
P/E ratio 2019 18,71
EV / Sales 2018 1,94x
EV / Sales 2019 1,73x
Capitalization 916 M
Chart WEB.COM GROUP INC
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Web.com Group Inc Technical Analysis Chart | WEB | US94733A1043 | 4-Traders
Technical analysis trends WEB.COM GROUP INC
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TrendsNeutralBearishBearish
Income Statement Evolution
Consensus
Sell
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Mean consensus OUTPERFORM
Number of Analysts 8
Average target price 21,3 $
Spread / Average Target 15%
EPS Revisions
Managers
NameTitle
David L. Brown Chairman, President & Chief Executive Officer
Kevin M. Carney Chief Financial Officer & Executive Vice President
Jane L. Landon Chief Technology Officer
Timothy I. Maudlin Lead Independent Non-Executive Director
Hugh M. Durden Independent Non-Executive Director
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