The board of directors of Yellow Media Limited announced that the Board and Mr. Marc Tellier have agreed that Mr. Tellier will be leaving the position of President and Chief Executive Officer. The board of directors has appointed a search committee of the Board, chaired by the Chairman of the Board, Mr. Robert MacLellan, to undertake the search for a new Chief Executive Officer. Mr. Tellier and company have agreed that Mr. Tellier will remain with Yellow Pages Group until the new CEO is appointed, but no later than August 15, 2013, to assist in transition arrangements.