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Malcolm Netburn, the company’s CEO since 2007, is currently the company’s chairman and CEO. Electronic payment capabilities were expanded when CDS Global acquired PayDQ in 2011. The number of magazine titles served increased as CDS Global acquired other fulfillment companies, including Tower Publishing and Optima in the U.K. Hearst Corporation acquired two Charter Company properties in 1982, Redbook and CDS, which they rechristened Communications Data Services and then, in 2007, CDS Global. In 1977, the Charter Company in Jacksonville, Florida, bought out Downe Communications’ stock and renamed the company Charter Data Services (CDS). He agreed to be their first client, and owner, opening Downe Computer Services April 1, 1972, with 172 employees. Two months later, when Look ceased publication, six employees took this new fulfillment service to Edward Downe, Jr., publisher of Ladies Home Journal and The American Home. In 1971, Look magazine built a computer system that, for the first time, stored the names and addresses of their customers on magnetic tape.

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