November 6, 2008 - Local Insight Media Names Kevin F. Bostick Chief Financial Officer
Local Insight Media Holdings, Inc. today announced the appointment of Kevin F. Bostick as its chief financial officer, effective November 10, 2008.
ENGLEWOOD, COLO. - November 6, 2008 - Local Insight Media Holdings, Inc. today announced the appointment of Kevin F. Bostick as its chief financial officer, effective November 10, 2008. Bostick, who has more than 20 years of experience in finance and management, will oversee financial strategy, capital markets, financial operations, treasury, tax, budgeting/reporting and investor relations for Local Insight Media and its operating subsidiaries.
"Kevin is an accomplished finance executive with an exceptional track record with private equity-backed and public companies as well as investment banking," said Scott Pomeroy, Local Insight Media's president and CEO. "His breadth of experience and success in raising and managing capital will be a tremendous asset to us as we continue to transform and grow. Kevin complements a world-class management team, which is focused on expanding our strong relationships with local advertisers and capitalizing on the significant opportunity in local search."
Most recently, Bostick served as chief financial officer of New Global Telecom, Inc., a Denver-based provider of Voice Over IP services. He also served as CFO of My Publisher, Inc., a digital photography book publishing venture. From 2000 to 2005, Bostick held senior management positions with Level 3 Communications, Inc. From 1993 to 2000, he was a vice president in the Media and Telecommunication Investment Banking group at JPMorgan Chase & Co. He began his career as a senior accountant for KPMG.
Bostick holds a B.S. in Accounting from The Pennsylvania State University and an MBA-Finance from the Wharton School of the University of Pennsylvania.
About Local Insight Media
Local Insight Media Holdings, Inc. provides lead-generating directory and local search solutions for 340,000 businesses in the U.S. and the Caribbean. Through its operating subsidiaries and affiliated companies, Local Insight Media owns and operates seven yellow pages and local search companies, including The Berry Company LLC. Now the fifth largest directory publisher in the United States, Local Insight Media provides print and online directories in 42 states, Puerto Rico and the Dominican Republic, generating approximately $700 million in pro forma annual revenue. It is also the largest provider of outsourced directory services to incumbent telephone companies in the United States. For more information, please see www.localinsightmedia.com.
Local Insight Media is a portfolio company of Welsh, Carson, Anderson & Stowe, which is one of the largest and most successful private equity investment firms in the United States. Since its founding in 1979, WCAS has organized 14 limited partnerships with total capital of over $16 billion.