Dex One, the Cary yellow pages publisher that continues to shake up its operations to offset slower sales, today named a new chief financial officer.
Gregory Freiberg, 44, joins the company on Sept. 12. He replaces Steven Blondy, who stepped down as CFO in July. Blondy had been CFO of the company previously known as R.H. Donnelley since March 2002.
Frieberg previously held finance positions at companies including Savvis, XO Holdings, Asia Netcom, Level 3 and MCI.
Freiberg will report to Alfred Mockett, who took over as CEO nearly a year ago. Since then, Dex One has been remaking itself into a digital business, as customers shift away from traditional print yellow pages. The economic slowdown has also hurt advertising sales, and Dex One is still losing money.
Mockett also has overseen cost-cutting efforts that have included eliminating hundreds of jobs.
Last month, Dex One announced that it is no longer in compliance with the New York Stock Exchange's minimum listing requirements. Dex One plans to submit a plan to the NYSE by Oct. 7.
Dex One shares are down 85 percent in the past year. They closed at $1.39 today, up 7 cents.
Assistant Business Editor Alan M. Wolf joined the N&O in 1999 covering the business of health care. He became an editor in 2001, and helps oversee the paper's daily business coverage and Sunday Work&Money section. He lives in Clayton with his wife and two children. Reach him at 919-829-4572 or