penske media corporation leadership team

Senior Vice President Human Resources. CW Parent Nexstar Media Group Reports $39.3M In Total 2022 Pay For CEO Perry Sook, AMC Networks Paid Former CEOs Christina Spade, Matt Blank, Josh Sapan A Combined $40M In 2022, Endeavor CEO Ari Emanuels Pay Drops To $19.1 Million In Year Following IPO Windfall. Must be able to work various shifts each day of the week. Operations Managers consistently demonstrate . John D. Barr Retired Chairman, Papa Murphy's Holdings, Inc. Lisa Davis Former Chief Executive Officer Gas and Power and Managing Board Member, Siemens AG Wolfgang Drheimer Retired Chairman and CEO Bentley Motors Ltd. Penske Media Corporation (PMC) is a leading digital media and information services company whose award-winning content attracts a monthly audience of more than 240 million and empowers more than 1 . Penske Media Corporation's Human Resources Team has a direct impact on the company's overall culture which is scored an A- by employees. Read full bio | Downloadable PDF version, Bud Denker - Bud Denker, 49, is Executive Vice President of Penske Performance and Penske Automotive Group and also Senior Vice President of Penske Corporation. Previously, Hair was senior vice president and general manager for NBC Sports Boston, and prior to that role, Hair was senior vice president, news and talent for NBC Sports Group, where he served as lead negotiator for all talent contracts, including the NBC Sports Network, NBC Broadcast Network, The Golf Channel, eight regional sports networks, the Olympics, Premier League and NASCAR. (business & personal). Davco Technology produces fuel filters and engine accessories for the North American heavy-duty truck market. Ginger brings incredible industry relationships and a long history of working with talent and creators to understand their objectives and create bespoke marketing plans to amplify their reach and influence. Her team will service client marketing, publicity and social media consulting, initially including Anu Bhatia (film) and Melissa Martinez (film sales) in client marketing; Killian Lewis, Jon. Walter Czarnecki - Walter P. Czarnecki, 64, is Executive Vice President, a member of the Executive Committee and a Director of Penske Corporation. Under PMC, Rolling Stone became a monthly publication in America, but still mixed music coverage with politics and articles on popular culture.[41]. [26] Additional acquisitions from 2017 to 2018 include SHE Media, Sourcing Journal,[27][28] and Art Media Holdings, which includes Art in America and ARTnews. The most common ethnicity among Team Penske executive officers is White. Full Time position. None of the information on this page has been provided or approved by Team Penske. Here are further demographic highlights of the leadership team: Executive Vice President of East Operations, Executive Vice President, General Counsel and Secretary. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. [15], PMC first became the majority owner of Rolling Stone by purchasing a 51 percent stake in the company from Wenner Media in 2017,[25] and then acquired the 49 percent stake held by BandLab Technologies in January 2019 to become its full owner. Penske Media Corporation was founded by Jay Penske in 2003. MRCs production holdings include Dick Clark Productions, which produces the Golden Globes on behalf of The Hollywood Foreign Press Association, among other entertainment award shows. As President, Cindric has management responsibility for Penske Performance operations that include teams competing in NASCAR, the IndyCar Series and the American Le Mans Series. The employee data is based on information from people who have self-reported their past or current employments at Team Penske. Gross profit was $138 million, or . Briscoe is an experienced open-wheel and sports car driver who begins his first season with Team Penske in 2008. During her time at Endeavor, Chan oversaw a global team of category experts responsible for strategic consumer PR across the companys portfolio including IMG, the Professional Bull Riders, and premium hospitality leader On Location Experiences, as well as consumer PR strategy for select sports, entertainment and fashion talent clients from WME and IMG. [20] The following month, PMC purchased Gold Derby, a data platform and website that utilizes user and professional predictions to predict the outcome and winners of global awards shows and events. [37] Rolling Stone is an international[38][39] media brand which focuses on popular culture, now including magazines published in 15 countries[40] such as China, Australia, India and the United Kingdom. [5] Get Contact Info for All Departments Penske Media Corporation Org Chart Jay Penske Chairman and CEO 4 6 Product & Eng (55) LOS ANGELES, Sept. 29, 2020 /PRNewswire/ --Penske Media Corporation (PMC) today announced the appointment of Mike Monroe to Chief Marketing Officer, Head of PMC Studios. Lorem ipsum dolor sit, amet consectetur adipisicing elit. series Ozark, and such notable recent films as Knives Out, Baby Driver and Ted. All rights reserved. After claiming three IndyCar titles, Hornish Jr. makes the transition into full-time NASCAR racing this season. Fairchild Fashion Media is a digital media, publishing, and events company that owns multiple fashion-related content properties. Zippia gives an in-depth look into the details of Team Penske, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Team Penske. "The PMC principles and values are quite literally our guiding light. PMC will lead daily operations of an expanded entertainment and music brand portfolio under the PMRC banner that will bring two Hollywood trade institutions under the same roof for the first time, according to a staff-written story about the deal in Variety. Cons May require long hours of sitting and working on a computer Denker assumed responsibility for Penske Corporation's marketing and communications functions after joining the company in 2005. As the head of the Human Resources department at Penske Media, I . He is a member of Min's Marketing Hall of Fame, was named "marketer of the year" by the Native AdvertisingInstitute, andwas included inAdWeek's2019 "Creative 100.". O'Hare has a twenty-year track record of driving digital audience and revenue growth. Bud Denker - Bud Denker, 49, is Executive Vice President of Penske Performance and Penske Automotive Group and also Senior Vice President of Penske Corporation. [17], In late 2014, PMC purchased Fairchild Fashion Media from Cond Nast for just under $100 million. He acknowledged having had an inappropriate relationship with a female employee, with the company then emphasizing that it had let Shell go with cause due to complaints of sexual harassment and discrimination. Monroegraduated from Boston University with a Bachelor of Science in Communication andcompleted theCORE Credential programwith Harvard Business School Online. MMC moved the blog to a new URL (BGR.com) and also introduced a broader spectrum of technology coverage. Why AI Has Some Viewers Asking Which Film Actors Are Real. When typing in this field, a list of search results will appear and be automatically updated as you type. [29], On September 23, 2020, it was announced that PMC would assume operations of the MRC Media & Info publications, including Variety's main competitor, The Hollywood Reporter, and Billboard magazine, under a joint venture with MRC known as .mw-parser-output .vanchor>:target~.vanchor-text{background-color:#b1d2ff}PMRC. If we can live and work by these principles, we will not only be an exceptional company but set the standard for the rest of the publishing and media industry.". I'm a media/tech/entertainment writer, podcaster, speaker and analyst. Princell Hair is a phenomenal media executive who brings an overwhelming amount of industry experience and excellent leadership skills to our 2,400-employee company, Allen said. All Rights Reserved. More to come soon. By subscribing, I agree to the Terms of Use and Privacy Policy. You may opt-out by. PMC purchased Fairchild properties from Cond Nast in late 2014. The Team Penske executive team is 12% female and 88% male. , have invested considerable resources in similar production and content-development arrangements, trying to keep more of the revenue potential from stories gathered by their writers. Cavanagh and CFO Jason Armstrong will lead earnings calls with Wall Street analysts for the foreseeable future, Roberts added. Signup for Breaking News Alerts & Newsletters. Awesome team of other designers and collaborate on projects. Subscribe to Deadline Breaking News Alerts and keep your inbox happy. Over the past decade or so, Penske Media Corp. Chairman and CEO Jay Penske, the youngest son of famed billionaire racing-team owner Roger Penske, has slowly aggregated control over most. The website had previously been operated by publisher LA Weekly. Dave Bushee was named senior vice president of logistics technology for Penske Logistics in March 2021. Jay Penske is himself something of a larger-than-life figure, married to former Victorias Secret model and Almay cosmetics spokesperson Elaine Irwin, and himself an owner of racing teams, including in the all-electric Formula E series. FER GmbH is a German-based producer of lighting components for the European automotive market. In mid-2008, the company received a $35 million growth equity round of financing from a leading private equity fund. All Rights Reserved. [12] In April 2010, MMC purchased Jonathan Geller's Boy Genius Report (BGR), a tech and gadget blog, for an undisclosed amount of money. [47], BollywoodLife.com is an entertainment and celebrity news website reporting on Indian popular culture. We are always seeking expertise and perspectives we can surround our clients with to ensure their creative ambitions are being recognized on the biggest stages and reaching the broadest audiences, said WME Co-Chairmen Christian Muirhead and Richard Weitz in a statement to Deadline. PMC's Chairman and CEO since founding is Jay Penske. Penske also is a Director of the Downtown Detroit Partnership and a director of Business Leaders for Michigan. VM Motori, located in Cento, Italy, specializes in the design and production of diesel engines for automotive and industrial applications. [54], "Penske Media Corp. Gets $200M Investment From Saudi Fund", "PMC Closes $100 Million Deal With Jann Wenner; Acquires Majority Interest In Rolling Stone Publisher Wenner Media", "Jay Penske founded Penske Media Group to acquire Conde Nast's Fairchild Fashion Media - The Business Journals", "Rolling Stone's Owner Sells Controlling Stake to Penske Media", "Hollywood Web-Site Sale Reflects Growing Clout", "Deadline Hollywood blog sold for up to $15m", "Nikki Finke, Hollywood Blogger, Gets Her Payday", "India's Zee TV chief: 'We believe we will succeed' in the German market", "Penske's Mail.com Launching India Portal With Zee, on India.com", "Jay Penske Expands Online Media Empire, Buying Boy Genius Report", "Penske's Mail.com Media Corp. Sells Its E-Mail Business", "In a Fire Sale, Penske Media Buys Variety", "Penske Media Corp. Buys Variety As Entertainment Industry Trade Moves Online", "Daily Variety, No Longer a Top Star, to Be Closed", "Cond Nast sells Women's Wear Daily, others to Penske Media", "Cond Nast to Sell Fairchild Fashion Media for $100 Million", "Shutterstock to challenge Getty Images after Variety tie-up", "Michael Schneider Exiting TV Guide Magazine", "Dan Gilbert's Robb Report joins forces with Penske Media", "Rolling Stone Publisher Sells Majority Stake to Penske, Owner of Variety", "After Top Executive Leaves, Billboard Confronts Its Internal Culture", "Penske Media Corp. Acquires Sourcing Journal", "Penske Media buys Peter Brant's trove of art publications", "Variety Parent Penske Media to Take Over Hollywood Reporter, Billboard in Joint Venture With MRC", "Life is Beautiful festival in Las Vegas bought by Rolling Stone", "Penske Media Eldridge Acquires Dick Clark Productions in Major Expansion", "Dick Clark Productions Hit By Layoffs Following Acquisition", "Penske's media roll-up continues with purchase of Vox stake", "JAY PENSKE GOBBLES UP THE REMAINING 49 PERCENT OF ROLLING STONE", "UK edition of Rolling Stone to launch | Complete Music Update", "British Rolling Stone magazine returns 50 years after Mick Jagger left it to 'hippies', "Literary 'Rolling Stone' sells out to male titillation", "Jay Penske betting he can beat the odds in Internet media", "Penske Media To Launch New Sports Business Platform Sportico", "BREAKING: @Sportico launch day exclusive: @MLB has pre-approved SEVEN bid groups looking at the @Mets:", ". Truck-Lite produces lighting products, harness systems, mirrors and accessories primarily for heavy-duty vehicles in the United States and Europe. MRC also has produced the Emmy-winning Netflix million verified professionals across 35 million companies. As CMO, Chan will manage marketing efforts on the corporate front, including event presence and awards season marketing, as well as the agencys digital footprint, also looking to find new ways and opportunities to amplify client projects and activities. Penske executives are regularly invited to share insights at leading colleges and industry groups around the globe. In this new position, he willleadthe developmentofPMC Studios, Integrated Marketing & Creative Services,AccountManagement, and Communicationsfor the Portfolio Sales teamworkingin conjunction withPMC's portfolio of award-winningbrands, which includes Rolling Stone, Variety, Robb Report, SHE Media, Deadline, ARTnews and WWD. Comcast CEO Brian Roberts kicked off the companys first-quarter earnings call by delivering brief comments about the abrupt dismissal of NBCUniversal chief Jeff Shell last Sunday. About PMCPenske Media Corporation (PMC) is a leading digital media and information services company whose award-winning content attracts a monthly audience of more than 240 million and empowers more than 1 million global CEOs, executives, andthought-leadersin business markets that impact the world. [32][33], In January 2023, a stake in Dick Clark Productions was sold to PMC via the joint venture Penske Media Eldridge. Roger S. Penske is the founder and chairman of Penske Corporation, a closelyheld diversified transportation services company whose subsidiaries operate in a variety of segments, including retail automotive, truck leasing, transportation logistics, transportation component manufacturing and high performance racing. Read full bio | Downloadable PDF version. Send us a tip using our annonymous form. Variety is a part of Penske Media Corporation. The Penske-prepared Honda-powered engines with Dallara chassis are driven by Helio Castroneves and Ryan Briscoe in the Indy Racing League IndyCar Series under the Team Penske banner. A leading global transportation services provider, Penske operates more than 200,000 vehicles and serves customers from more than 1,000 locations in North America, South America, Europe and Asia. Retail Manager, Store Manager, Retail Sales. The owned-and-operated Allen Media stations are a strong broadcast group in growing markets. He will be based in PMC's LA office. August 11, 2020 3:33pm PMC Seasoned executive Paul Rainey has joined Deadline's parent company, Penske Media Corp., as EVP of Operations and Finance. "Penske Media has become synonymous with entertainment,cultureand business. [14], Sometime in 2012, MMC re-branded itself as Penske Media Corporation. Bookforum subsequently ceased publications on December 12. 04/29/2023. He currently lives in Los Angeles. Before joining NBC Sports, Hair was senior vice president of news operations and studio programming at Comcast Sports Group. Penske already owns Rolling Stone and Music Business Worldwide, as well as IndieWire, Gold Derby, TV Line, She Media, Boy Genius Report, Hollywood Life, the Robb Report, and Womens Wear Daily. A Penske associate since 1993 . Here are further demographic highlights of the leadership team: The Team Penske executive team is 12% female and 88% male. [42], Hollywoodlife.com is an entertainment, celebrity, and fashion news website founded and run by former US Weekly, Marie Claire, and Glamour editor, Bonnie Fuller. That strategy has helped maximize awards-season advertising revenues from networks, studios and streaming services seeking the prestige and marketing punch of Emmy, Golden Globe and Oscar nominations and wins. Variety and Deadline owner Penske Media Corp. further consolidated control over most of the key trade publications covering the film, TV and music industries, announcing content and publishing partnerships with MRC, which owns long-time archival The Hollywood Reporter. This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. Chairman & CEO of Wells Fargo, PMC Advisor, Founding Partner of Max Ventures, Board Member, Founder & Chairman, WI Harper Group, Board Member, Founder & President of ThinkShop, PMC Advisor, Chief Operating Officer, Board Member PMC, President of Entertainment Media Ventures, Advisor Penske Media, Founder and CEO, The Panarae Partnership, Board Member, Executive Vice President, Business Affairs & Chief Legal Officer, Executive Vice President Operations and Finance, Executive Vice President of Product & Technology, Executive Vice President & General Manager, Operations, Executive Vice President, GM, Strategic Industry Group, Senior Vice President, Deputy General Counsel, Senior Vice President, Licensing and Brand Development, Senior Vice President of Business Development, Managing Partner, Penske Media Real Estate, Vice President, Associate General Counsel, Vice President of Public Affairs and Strategy, Vice President, Strategic Planning & Acquisitions, Vice President, Associate General Counsel, PMC, Vice President, Marketing, Strategic Industry Group, Vice President, Customer Experience & Marketing Operations, Head of Talent Development and Inclusion, PMC, Associate Vice President, Talent & Recruiting, Associate Vice President, Human Resources, Head of Programmatic Sales and Audience Solutions, PMC, Chief Brand Officer, Fairchild Media; Editorial Director, Footwear News, Executive Editorial Director, Fairchild Summits & Events, President, Robb Report and Head of Luxury Sales, PMC, Senior VP Associate, Publisher Deadline Sales, SVP, Sales & Global Partnerships, Variety, Associate Vice President, International Markets, Vice President and Latin Industry Lead, Billboard, Executive Vice President and Co-Publisher, The Hollywood Reporter, Editor-in-Chief, ARTnews and Art in America, Executive Vice President, National Sales, SHE Media, Editorial Director, WWD, Footwear News, Beauty Inc, Fairchild Live Media, President, Deadline and General Manager, Chief Revenue Officer GoldDerby, TVLine, Dirt, SVP, Global Consumer Partnerships, Variety, Executive Vice President, Content Executive Editor, Variety, President & Chief Executive Officer, Sportico, Executive Vice President, Co-Publisher at The Hollywood Reporter, Awards Editor & Senior Vice President, Variety, Executive Director, Live Media Events, Robb Report, Executive Vice President Fairchild Media; Founder & President Sourcing Journal, New York Bureau Chief, Executive Editor, Film & Media, Variety, Chief Operating and Marketing Officer, Variety, CoPresident, CoFounder, Head of Programming & Sponsorship,ATX TV & ATX TV Festival, Senior Vice President of Talent and Programming, Editorial Director, The Hollywood Reporter, Vice President of Features and Events, Variety, Senior VP Global Business Development & Strategic Partnerships, Deadline, Publisher, Rolling stone and EVP, of Global Brand Partnerships, Editor-in-Chief, Vibe, Vice President of Cultural Media for Penske Media Corporation, Vice President, Events and Conferences, The Hollywood Reporter, President & Chief Media Analyst of Variety Intelligence Platform, Executive Editor of Strategic Content Development, WWD. Website Design and Development by Digital Momentum. Also on the docket are a decision about a one-third stake in Hulu as a put-call arrangement with Disney reaches a deadline, sports rights bidding and potential M&A opportunities with Warner Bros Discovery, Paramount Global or other players. Company profile for Penske Automotive Group Inc. including key executives, insider trading, ownership, revenue and average growth rates. Most recently, Hair served for two years as president of Black News Channel, which was purchased by Allen in 2022 and rebranded as TheGrio Television Network. Get our latest storiesin the feed of your favorite networks. Bonnie Raitt Ken Friedman. On average, Men provided higher ratings for their Executive Team compared to Women. She has called . The comments from Roberts followed the release of first-quarter financial results. While revenue slipped 4%, it beat Wall Street expectations, as did earnings per share of 92 cents. "Princell Hair is a phenomenal media executive who brings an overwhelming amount of industry experience and excellent leadership skills to our 2,400-employee company," Allen said. Castroneves has 18 career victories, including the Indianapolis 500 in 2001 and 2002. [18] Cond Nast had purchased the assets from Disney Corporation in 2003 for over $650 million. He began his career at several local TV stations, moving into leadership roles at CNN/Turner Broadcasting. Opinions expressed by Forbes Contributors are their own. [19], In June 2015, Penske Media Corporation formed a partnership with Shutterstock Inc. to compete with Getty Images in the categories of editorial images in the entertainment and fashion industries. Some of PMC's early changes to Variety's business plan included eliminating the website's paywall, ceasing the printing of Daily Variety, and investing more in the digital platform, Variety.com. [3] [4] It began as an affinity marketing and internet services company called Velocity Services, Inc. [3] The company acquired the Mail.com domain and was renamed to the Mail.com Media Corporation (MMC). We couldnt be more excited to welcome her to our leadership team and introduce her to our wide-ranging client roster.. Penske Automotive Group, Inc. is a member of the Fortune 500 and Russell 1000 and has 16,000 employees. 11% of Team Penske's management is Black or African American. Billboard, Vibe and the Reporter will join PMCsVariety, Rolling Stone and Music Business Worldwide.. (ed. Let me just acknowledge the news that you all saw earlier this week obviously a tough moment, he said of the execs ouster amid sexual harassment and discrimination claims. Powered by WordPress VIP, Chairman, Founder and CEO of Penske Media, President of Hutchinson Whampoa Americas, PMC Advisor, Co-Founder of Apple Computer, PMC Advisor, Chairman of Vodafone, Fmr. Her team will service client marketing, publicity and social media consulting, initially including Anu Bhatia (film) and Melissa Martinez (film sales) in client marketing; Killian Lewis, Jon Olivero and Rachel Moore in client publicity; and Samantha Brown in client social. [48][49][50], Other properties under the PMC banner include the Boy Genius Report (or BGR.com), TVLine, SHE Media, and Sourcing Journal. Team Penske may also be known as or be related to Carolina North Motorsports Fou, Penske Racing and Team Penske. "[42] The other properties are considered leading business-to-business publications offering news and insights into various fashion and beauty niches. Bonnie Raitt is undergoing surgery for an undisclosed "medical situation," according to a statement issued by her team on social media. Executive Summary. The Penske team captured back-to-back LMP2-class championships in 2006 and 2007 and ended the '07 season with 11 consecutive class victories among its two entries. Penske Racing South, Inc. fields three entries in the NASCAR Cup series; the Miller Lite Dodge driven by 2004 NASCAR Cup Champion Kurt Busch, the Alltel Dodge driven by 2002 NASCAR Cup Rookie of the Year Ryan Newman and the Mobil 1 Dodge driven by former IndyCar Series and Indy 500 champion Sam Hornish Jr. Busch has 17 career NASCAR Cup wins and 10 pole positions, while Newman has 12 NASCAR Cup victories and 42 pole positions in his career. [6], In early 2009, the company announced the purchase of Deadline Hollywood Daily (now known as Deadline.com). Penske Automotive Group's key executives include Roger S. Penske and 22 others. Other publishers, such as Conde Nast and the New York Times Read full bio | Downloadable PDF version, Tim Cindric - Tim Cindric, 39, was named President of Penske Performance, Inc. in November 2005 as part of a consolidation of Penske Performance entities. The new deals will create a new entity, dubbed PMRC, to run the three former MRC publications, which had been on the block for many months. Marissa O'Hare is Penske Media's Senior Vice President of Business Development leading business development and audience growth initiatives for PMC's portfolio of digital brands.