The Weather Company Names Peter Kuipers Chief Financial Officer

ATLANTA--()--The Weather Company (Weather) today announced the appointment of Peter Kuipers as chief financial officer (CFO) effective May 6, 2013. Kuipers joins the company from Yahoo! Inc., where he serves as vice president of finance for the Americas Region. He will report to Chris Walters, chief operating officer of Weather, who announced the appointment.

“Peter is a proven finance leader with extensive product, commercial and international experience, making him the ideal addition to our team as we grow our business globally,” said Walters. “His track record as a business partner, in building and leading the execution of strategy, will further grow our finance team’s role as a driver of our success.”

As CFO, Kuipers will assume a global role for Weather, partnering with all divisions to align the company’s finance and business strategies; develop plans and budgets; evaluate and monitor investment priorities; and execute on an aggressive growth strategy including global expansion, digital transformation and monetization. He will oversee functions including financial planning and analysis (FP&A), accounting, tax, treasury and facilities.

In his most recent role as vice president of finance for Yahoo!’s Americas region, Kuipers led teams responsible for FP&A, operations finance, partnership finance, controllership, accounting, reporting and finance operations for the region across multiple product lines and channels. At Yahoo! Kuipers previously served as vice president of finance, global products division, and as vice president of finance, international regions. Kuipers also served as a member of the board of directors for the majority of Yahoo!’s international companies.

“The Weather Company is recognized as an industry leader, while also innovating across multiple screens, working with consumer and professional audiences, and expanding globally,” said Kuipers. “I am excited to join The Weather Company and I look forward to working with Chris Walters and the Weather team.”

Prior to Yahoo!, Kuipers held financial leadership roles with Altera Corp. in San Jose, Calif., with General Electric Company both in Mass. and in the Netherlands, and with Akzo Nobel in the Netherlands. He started his career as an auditor with Ernst & Young, both in Rotterdam, the Netherlands, and in Seattle, Wash.

A native of Enschede, the Netherlands, Kuipers and his family will be relocating to Atlanta, Ga., Weather’s headquarters. He holds a master’s degree in economics and business administration from the Maastricht University School of Business and Economics in the Netherlands. He is also a Chartered Accountant (Netherlands Institute of Chartered Accountants) in the Netherlands.

The Weather Company: Where the World Gets its Weather

Through The Weather Channel, weather.com, Weather Underground, Intellicast.com, and third-party publishing partners, the company provides millions of people every day with the world's best weather forecasts, content and data, connecting with them through television, online, mobile and tablet screens. Through WSI and Weather Central, the company delivers superior professional weather services for the media, aviation, marine and energy sectors. The Weather Company is owned by a consortium made up of NBC Universal and the private equity firms The Blackstone Group and Bain Capital. For more information, visit www.weather.com/press.

Contacts

The Weather Channel
Shirley Powell, 770-226-2522
shirley.powell@weather.com

Contacts

The Weather Channel
Shirley Powell, 770-226-2522
shirley.powell@weather.com