CONCORD, Mass., July 22, 2013 /PRNewswire/ -- OneSource Information Services, Inc., a leading provider of sales enablement and business information services, today announced that Joseph A. Ripp has resigned his position as CEO in order to accept the position of CEO of Time, Inc. Joe will remain on the Board of Directors at OneSource and continue to be a significant investor in the company. Jonathan A. Flatow, President and COO, will assume the CEO responsibilities, as OneSource looks to permanently fill the position from both internal and external candidates.
"OneSource continues to thrive, offering the world's best sales enablement and business information products, and I am proud to have been part of the company's innovative steps to change the industry," said Mr. Ripp. "The opportunity to guide Time, Inc. through its spin out from Time Warner and address the challenges of the digital age was one that I could not decline. I will remain active on the OneSource Board of Directors and work with Jonathan and the management team as they continue to grow the company in exciting ways."
The experienced OneSource management team of Jonathan Flatow, Robert Bies and Dr. Charles Stryker will continue to enhance the company's business information and sales enablement product offerings to provide value-added information services to its growing customer base.
"This is a once-in-a-lifetime opportunity for Joe," said Philip A. Canfield, Chairman of the OneSource Board and Managing Director at GTCR. "We wish him the best of luck in his new role at Time, Inc."
"We are confident OneSource is in good hands under the strong management of Jonathan and his team as they lead the company during this transition and execute on the vision they created to transform the industry," added Canfield. "Joe's selection for this top-tier position, and the exceptional ability of Jonathan and the rest of the team at OneSource, highlights the quality of the people and teams that lead GTCR portfolio companies and their success makes us very proud."
About OneSource Information Services, Inc.
OneSource delivers business information and sales intelligence on millions of companies and executives worldwide optimizing clients' sales, marketing and business-to-business research activities. OneSource combines and organizes content providing unparalleled data accuracy and information depth from 60 Data Partners, 23.5 Million Company Profiles, 40 Million Contacts, 28 Million Email Addresses, Web Mining and Social Mining sources delivered through the Web, CRM integrations, and information portals. OneSource has offices in North America, Europe, Australia and Asia. For more information, please visit www.onesource.com.
SOURCE OneSource Information Services, Inc.