Monster Worldwide Appoints Timothy Yates CEO

(RTTNews) - Monster Worldwide Inc. (MWW) has appointed Timothy Yates as its Chief Executive Officer, effective immediately. Yates succeeds outgoing CEO Salvatore Iannuzzi, who stepped down as CEO and President.

The new CEO appointment followed Monster's third quarter results, which trumped Wall Street expectations sending its shares up 16 percent.

Weston, Massachusetts-based Monster said Iannuzzi stepped down citing personal reasons and will continue to serve as a Director and Non- Executive Chairman. Monster also announced that Mark Stoever has been appointed Chief Operating Officer.