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Yates formally appointed to Getupdated board as firm looks to stock exchange listing |
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Wednesday, 16 January 2008 |
Following on from the acquisition of the search marketing agency he set with up his brother Justin, Paul Yates has been formally voted on to the board of Sweden’s Getupdated.
 Paul Yates The Yates brothers sold Poynton-based Just Search to Getupdated back in October – a deal which netted them almost £9m – and Paul stepped up from the position of MD to CEO. As part of that deal he was promised a seat on the larger company board and, following a shareholders meeting last month, this has now been rubberstamped. Kjell Ormegard, the chairman of Getupdated, commented: “"The new board comprises myself, Caroline Sundewall, Johan Lenander, Åke Eriksson, Johann Kadar and Paul Yates. “The strengthening should be viewed against our plans to continue our rapid international expansion and to apply for listing on one of the stock exchange's larger listings this year. "Everybody joins with a wealth of relevant experience but in particular, the knowledge and expertise of Paul, as CEO and founder of Just Search, will stand us in good stead in the crucial English market. “I'm greatly looking forward to working with him and the rest of the Just Search team as we continue to take that side of the business forward." http://www.justsearch.co.uk.
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