Monster Names Ted Gilvar Chief Global Marketing Officer

MAYNARD, Mass.--(BUSINESS WIRE)--Monster^®, the leading global online careers and recruitment resource and flagship brand of Monster Worldwide, Inc. (NASDAQ: MNST), today announced the appointment of Ted Gilvar to the position of Executive Vice President and Chief Global Marketing Officer. In his new role, Gilvar will oversee all aspects of Monster’s global marketing strategy and continue to advance the Company’s multifaceted advertising and branding initiatives.

“Aside from the fact that Ted’s a class act, this was an opportunity that we were consulted on and collectively agreed would be great for Monster. And it demonstrates the extent to which we are willing to partner with our clients”

Over his more than 20 years of experience in advertising and marketing, Mr. Gilvar has led successful campaigns, re-branding initiatives and new product launches for some of the world’s best brands. Most recently, Mr. Gilvar was Executive Vice President and Senior Director at BBDO where he managed the Monster business as well as the National Football League, Target, Guinness and Red Stripe for Diageo. He spent his first several years at BBDO leading the AOL business.

“Ted is no stranger to Monster having played an integral leadership role in Monster’s ‘Your Calling is Calling’ campaign, essentially functioning as an extension of the Monster marketing and leadership teams,” said Sal Iannuzzi, Chairman, President and CEO, Monster. “Over the past several months Ted has been engrained in our organization, imparting his vast marketing and branding expertise to help further Monster’s mission to inspire people to improve their lives. We are pleased to welcome Ted and look forward to his continued contribution to evolving the Monster brand.”

“Monster is a truly unique brand. Not only does it have strong equity as a category pioneer, but it has unprecedented global reach. Monster also has a management team that clearly understands the commitment and investment needed to maintain its leadership in an evolving market,” said Gilvar. “I’m excited about this opportunity and look forward to the continued Monster/BBDO collaboration as we work to unlock the brand’s vast potential.”

“Aside from the fact that Ted’s a class act, this was an opportunity that we were consulted on and collectively agreed would be great for Monster. And it demonstrates the extent to which we are willing to partner with our clients,” commented John Osborn, President and CEO, BBDO New York. “Ted was part of the team that helped bring this business to BBDO and which helped uncover the strategic insights that led to the development of the ‘Your Calling is Calling’ campaign. So it seems only fitting that he should take this perspective to the client side to help further drive the business.”

Prior to his time at BBDO, Mr. Gilvar held leadership positions at Hill/Holliday, Mullen, and McKinney & Silver. He started his career at global agency Saatchi & Saatchi. Over his expansive and impressive career, Ted has developed an expertise in marketing strategy, media planning and creative oversight.

About Monster Worldwide

Monster Worldwide, Inc. (NASDAQ: MNST), parent company of Monster®, the premier global online employment solution for more than a decade, strives to bring people together to advance their lives. With a local presence in key markets in North America, Europe, and Asia, Monster works for everyone by connecting employers with quality job seekers at all levels and by providing personalized career advice to consumers globally. Through online media sites and services, Monster delivers vast, highly targeted audiences to advertisers. Monster Worldwide is a member of the S&P 500 Index and the NASDAQ 100. To learn more about Monster's industry-leading products and services, visit www.monster.com. More information about Monster Worldwide is available at www.monsterworldwide.com.

Special Note: Safe Harbor Statement Under the Private Securities Litigation Reform Act of 1995: Except for historical information contained herein, the statements made in this release constitute forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Such forward-looking statements involve certain risks and uncertainties, including statements regarding Monster Worldwide, Inc.'s strategic direction, prospects and future results. Certain factors, including factors outside of Monster Worldwide’s control, may cause actual results to differ materially from those contained in the forward-looking statements, including economic and other conditions in the markets in which Monster Worldwide operates, risks associated with acquisitions, competition, seasonality and the other risks discussed in Monster Worldwide’s Form 10-K and other filings made with the Securities and Exchange Commission, which discussions are incorporated in this release by reference.