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Yelp Appoints Dan Jedda to its Board of Directors as George Hu Steps Down

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Yelp Inc. (NYSE: YELP) appoints Dan Jedda, CFO of Roku, Inc., to its Board of Directors, as George Hu steps down. The move aims to enhance product offerings and shareholder value. Jedda's financial expertise aligns with Yelp's growth strategy.
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SAN FRANCISCO--(BUSINESS WIRE)-- Yelp Inc. (NYSE: YELP), the company that connects people with great local businesses, today announced the appointment of Dan Jedda, chief financial officer of Roku, Inc., to its Board of Directors, effective March 29, 2024. This appointment coincides with the departure of George Hu, who will be stepping down from the Yelp Board of Directors on the same date after dedicating over five years of service as a director and as a member of the Compensation Committee of the Board.

Jedda's appointment comes at a time when Yelp continues to expand its product offerings and enhance its platform to better serve both businesses and consumers.

“Dan brings a wealth of experience to the Yelp Board, having served as chief financial officer at leading technology companies,” said Jeremy Stoppelman, Yelp’s co-founder and chief executive officer. “His expertise in financial strategy and driving growth will bolster our efforts to deliver shareholder value by executing on our strategic initiatives and investing in our product roadmap, particularly in services.”

“George has been a valued member of the Yelp Board, providing guidance and leadership that have significantly contributed to our growth and success over the years," added Stoppelman. “We are deeply grateful for his dedication and the lasting impact he has made.”

“Dan's proven track record of driving business growth and innovation align perfectly with our ambitions for Yelp's future, making him an outstanding addition to the Yelp Board,” said Diane Irvine, chair of the Yelp Board of Directors. “As we welcome Dan, I also want to honor George's significant contributions to our Board. His dedication and insights have been instrumental to Yelp’s progress over the years. We are thankful for his service and wish him all the best moving forward.”

Jedda has served as the chief financial officer at Roku, a leading global TV streaming platform, since May 2023. Prior to joining Roku, he served as the chief financial officer at Stitch Fix, Inc., and spent 15 years at Amazon.com, Inc., where he notably contributed as vice president and chief financial officer for digital video, digital music, and advertising. He holds a B.S. in accounting and finance from the University of St. Thomas and a M.B.A. from the University of Minnesota.

“I am excited to join Yelp's Board of Directors and work alongside a team that is passionate about creating a vibrant community of businesses and consumers,” said Jedda. "Yelp is a trusted brand that holds a unique position in the market, and I look forward to contributing to its success and helping consumers seamlessly connect with great local businesses.”

About Yelp

Yelp Inc. (yelp.com) is a community-driven platform that connects people with great local businesses. Millions of people rely on Yelp for useful and trusted local business information, reviews and photos to help inform their spending decisions. As a one-stop local platform, Yelp helps consumers easily discover, connect and transact with businesses across a broad range of categories by making it easy to request a quote for a service, book a table at a restaurant, and more. Yelp was founded in San Francisco in 2004.

Yelp intends to make future announcements of material financial and other information through its Investor Relations website. Yelp will also, from time to time, disclose this information through press releases, filings with the Securities and Exchange Commission, conference calls, or webcasts, as required by applicable law.

Investor Relations Contact:

Josh Willis

ir@yelp.com

Press Contact:

Amber Albrecht

press@yelp.com

Source: Yelp Inc.

FAQ

Who is the new appointee to Yelp's Board of Directors?

Dan Jedda, the chief financial officer of Roku, Inc., has been appointed to Yelp's Board of Directors.

When will George Hu step down from Yelp's Board of Directors?

George Hu will be stepping down from Yelp's Board of Directors on March 29, 2024.

What is the goal of Dan Jedda's appointment to Yelp's Board?

Dan Jedda's appointment aims to enhance Yelp's product offerings, drive growth, and deliver shareholder value.

What are Dan Jedda's qualifications for joining Yelp's Board?

Dan Jedda has a proven track record of driving business growth and innovation, with prior experience at leading technology companies like Roku, Stitch Fix, and Amazon.

What educational background does Dan Jedda have?

Dan Jedda holds a B.S. in accounting and finance from the University of St. Thomas and an M.B.A. from the University of Minnesota.

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About YELP

yelp connects people with great local businesses. our users have contributed approximately 155 million cumulative reviews of almost every type of local business, from restaurants, boutiques and salons to dentists, mechanics, plumbers and more. these reviews are written by people using yelp to share their everyday local business experiences, giving voice to consumers and bringing “word of mouth” online.