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October 18, 2010 09:54 ET

Robert Wolcott Named Global Chief Financial Officer at kgb

Wolcott Moves Into Lead Financial Role as kgb Continues Expansion Into Daily Coupon Space

NEW YORK, NY--(Marketwire - October 18, 2010) -  kgb (www.kgb.com), the New York-based global information company, today announced the appointment of Robert Wolcott as Global Chief Financial Officer. Wolcott was promoted from his current position as Global Treasurer and, subsequently, as Acting Global Chief Financial Officer at kgb, a privately-held, New York-based Company known for having built some of the most highly successful and recognizable brands in the telecommunications and information services sector. Wolcott's appointment was effective September 27, 2010.

"Bob is moving into the Global CFO role at an exciting time, just as kgbdeals.com (www.kgbdeals.com), our daily, city-specific coupon deal business, is expanding in cities across the U.S. and growing rapidly in the UK, France, and Italy, and as our new digital and mobile text product lines are continuing to evolve quickly to keep pace with our customers' needs," said kgb CEO and President, Robert Pines.

"I look forward to moving into this new leadership role at the Company, as kgb continues building world-class brands in the consumer information space. kgb has been consistently ahead of the curve in introducing products that drive the knowledge industry forward, from directory assistance services to mobile text-based services and apps, and now the daily coupon space," said Wolcott. "I am delighted to join kgb's global leadership team at such an exciting time."

Wolcott brings broad executive management experience in financial operations to his post at kgb, where, in his current role, he has been responsible for overseeing the Company's financial, accounting, and internal audit functions. Prior to kgb, Wolcott served as Treasurer at Photronics and Sotheby's.

Wolcott earned his Bachelor of Science degree at Clarkson University and his MBA at Pace University.

About kgb
kgb is a privately held, New York-based company and the world's largest independent provider of directory assistance and enhanced information services. During its nineteen year history, kgb has built some of the most successful brands in the telecommunications, customer care and enhanced information services sectors. kgb's European brands include The Number 118 118 in the United Kingdom and Le Numero 118 218 in France, both of which are leading players in their respective markets.

kgb has pioneered the provision of a broad range of wholesale and retail information services beyond traditional directory assistance services, including call completion, movie listings, train schedules, price comparisons and "Ask Us Anything" service across multiple platforms, including mobile and landline phones, SMS and the Internet. In 2009, kgb launched its text answer service, 542542 (www.kgb.com) following the success of kgb's similar "Ask Us Anything" premium text answer service in the United Kingdom. Early in 2010, kgb extended the brand to the Web with the launch of kgbanswers.com (http://www.kgbanswers.com/), a site where users can search the vast kgb database of questions and answers, or ask their own question directly to a kgb Special Agent. kgb's customer care business operates in the U.S. and Europe and has over ten years of experience in providing call center support for many leading customer service and sales-oriented organizations across a variety of industry groups, including telecommunications, cable, utilities, government, and health care.

In 2010, kgb harnessed its database of hyper-local directory assistance information to launch www.kgbdeals.com, a coupon deal site that brings its members a daily discount on popular products and services. Also in 2010 in the U.S. and Europe, kgb launched www.kgbpeople.com, a people search engine that enables consumers to monitor their profile on the Web, set alerts, and manage their reputation online. Last year kgb served more than a hundred million consumers globally and answered hundreds of millions of questions.

Contact Information

  • Contact:
    Amy Wolfcale
    kgb
    Email Contact
    212-909-8289
    917-280-5913