Yelp Board of Directors Appoints Diane Irvine as Chairperson

SAN FRANCISCO, Sept. 28, 2015 /PRNewswire/ -- Yelp Inc. (NYSE: YELP), the company that connects consumers with great local businesses, today announced the election of current board member, Diane Irvine, to the position of non-executive board chairperson, effective immediately. Irvine takes over from Max Levchin, who recently stepped down from Yelp's and other boards to dedicate more time to the company he founded and leads.

"Diane has made significant contributions to Yelp since she joined the board in 2011," said Jeremy Stoppelman, co-founder and chief executive officer. "She has played an important role as our Audit Committee chairperson, providing insight and leadership that is valuable to Yelp, our employees and shareholders," he continued. "Diane brings an ideal blend of finance, technology and international business expertise – as well as a deep love of Yelp – to her new role."

"I am honored to be named chairperson of Yelp's board," said Diane Irvine. "I'm proud to be part of a company that is building a great business and consumer experience through its best-in-class mobile platform. I am excited about the innovation and culture that powers Yelp, and look forward to continuing my work with the leadership team and the other members of the board."

Diane is also a board member of XO Group Inc., a consumer internet and media company, and of Rightside Group, Ltd., a leading provider of domain name services. She previously served as an executive of Blue Nile, Inc., the leading online retailer of diamonds and fine jewelry, from 1999-2011, having joined Blue Nile as chief financial officer and later serving as chief executive officer, president and a director on the board. Diane has also served as chief financial officer of Plum Creek Timber Company, a timberland management and wood products company, and was a tax partner at international accounting firm, Coopers & Lybrand LLP.

Diane previously served on the boards of directors of Davidson Companies, a leading regional financial services firm; Ticketmaster; and CafePress Inc. She holds a B.S. in Accounting from Illinois State University and a M.S. in Taxation from Golden Gate University.

About Yelp

Yelp Inc. (http://www.yelp.com) connects people with great local businesses. Yelp was founded in San Francisco in July 2004. Since then, Yelp communities have taken hold in major metros across 31 countries. Approximately 83 million unique visitors visited Yelp via their mobile device¹, including approximately 18 million unique devices accessing the Yelp app², and approximately 79 million unique visitors visited Yelp via a desktop computer³ on a monthly average basis during the second quarter of 2015. By the end of the same quarter, Yelpers had written approximately 83 million rich, local reviews, making Yelp the leading local guide for real word-of-mouth on everything from boutiques and mechanics to restaurants and dentists.

¹ Calculated as the number of "users," as measured by Google Analytics, accessing Yelp via mobile web plus unique devices accessing the app, each on a monthly average basis over a given three-month period.

² Calculated as the number of unique devices accessing the app on a monthly average basis over a given three-month period, according to internal Yelp logs.

³ Calculated as the number of "users," as measured by Google Analytics, accessing Yelp via desktop computer on an average monthly basis over a given three-month period.

Investor Relations Contact Information
Wendy Lim, Allie Dalglish
(415) 635-2412
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Public Relations Contact Information
Vince Sollitto, Shannon Eis
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SOURCE Yelp Inc.

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