Indeed Announces Appointment of New CEO

AUSTIN, Texas–(BUSINESS WIRE)–Indeed, the world’s number one job site, announced today that it has
named Chris Hyams as its new CEO. Chris will replace Hisayuki Idekoba
(Deko) who has served in that role since October 2013. Indeed’s parent
company, Recruit Holdings Co., Ltd. today appointed Deko to its Board of
Directors in addition to his responsibilities as Chief Operating Officer.

Chris’ appointment becomes effective on April 1, 2019, and Deko will
join the Recruit Holdings Board of Directors in June subject to
shareholder approval. Deko will continue to live and work in Austin,
Texas, USA, and will continue to be involved in management decisions as
a director of Indeed.

“Indeed has always been a successful company defined by its mission of
helping people get jobs. During his eight years at Indeed, Chris has
always embodied and embraced this mission,” Deko said. “The entire
leadership team at Recruit and Indeed are confident in Chris’ ability to
drive Indeed’s mission, strategy, and culture, and continue its growth.”

Chris has served as President of Indeed since October 2015 and has been
responsible for innovation and growth. Previously, he served as Senior
Vice President of Product at Indeed and was responsible for Indeed’s
product and operations. During his tenure, Chris helped build and grow
Indeed’s global technology team.

“Indeed’s mission is to help people get jobs. I am grateful to the
Recruit leadership team for the opportunity to lead an organization that
helps so many people all over the world,” Chris said. “I feel a
tremendous responsibility to Indeed’s employees, job seekers, and
clients, and I look forward to working with our senior leadership team
to carry on Indeed’s mission.”

About Indeed

More people find jobs on Indeed than anywhere else. Indeed is the #1 job
site in the world (comScore, March 2018) and allows job seekers to
search millions of jobs in over 60 countries and 28 languages. More than
250 million people each month search for jobs, post resumes, and
research companies on Indeed. For more information, visit indeed.com.

Contacts

Tara Lambropoulos
Indeed
taral@indeed.com