Klein Out at SuperMedia, McDonald In as Interim CEO

SuperMediaSuperMedia announced today that CEO Scott Klein has resigned, effective immediately and has been replaced by industry veteran Peter McDonald, who was most recently president of DexOne (then R.H. Donnelley).

BIA/Kelsey understands that the company’s largest debt holders have been conducting a thorough review of the business, and this action may be one of the outcomes of this effort. Klein’s departure was announced without the usual pleasantries that mark an amicable parting. The press release announcing the change did not thank Klein for his service or mention any of his accomplishments while CEO.

Read the rest of this post at our Global Yellow Pages blog.

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