Carlson Executive Vice President and Chief Financial Officer None of the information on this page has been provided or approved by Team Penske. "Let Comcast CEO Brian Roberts kicked off the company's first-quarter earnings call by delivering brief comments about the abrupt dismissal of NBCUniversal chief Jeff Shell last Sunday. Bud Denker - Bud Denker, 49, is Executive Vice President of Penske Performance and Penske Automotive Group and also Senior Vice President of Penske Corporation. All Rights Reserved. Like its media peers, it is looking to balance investments in streaming with declining traditional networks. Get our latest storiesin the feed of your favorite networks. Team Penske may also be known as or be related to Carolina North Motorsports Fou, Penske Racing and Team Penske. 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. [34][35], In February 2023, PMC became the largest shareholder in Vox Media, acquiring a 20% stake in the company, and Jay Penske joined Vox's board. Davco Technology produces fuel filters and engine accessories for the North American heavy-duty truck market. But we are so fortunate to have the fabulous and tenured leadership team at NBCUniversal. Walter Czarnecki - Walter P. Czarnecki, 64, is Executive Vice President, a member of the Executive Committee and a Director of Penske Corporation. Shell had risen through the ranks at the company to become CEO of NBCU in 2020, succeeding Steve Burke. As Penske has slowly aggregated various publications under PMC control, the company has focused on integrating back-office operations such as HR, accounting and technology for more efficiency and cost savings, while letting competing publications such as Deadline, IndieWire and Variety operate as mostly separate entities, even though they sit on different floors of the same building. Team Penske has 750 employees, of which 26 are in a leadership position. These publications included WWD (Women's Wear Daily), Footwear News, Beauty Inc., M, and Fairchild Summits. Penske Motor Group, Inc. is a privately-held specialty retailer operating seven automobile dealerships in the California market. [15] PMC received financial backing from hedge fund Third Point LLC. note, I previously worked in various capacities with Deadline and Variety, and have contributed to IndieWire). Mike Cavanagh, president of Comcast, has assumed Shells duties on an interim basis. 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. Vince Holding on Monday reported financial results for the fourth quarter and full year of 2022. [31], In December 2022, PMC acquired the contemporary art magazine Artforum and Bookforum. [17], In late 2014, PMC purchased Fairchild Fashion Media from Cond Nast for just under $100 million. 2023 Variety Media, LLC. Transportation Resource Partners is a $265 million private equity fund formed by Penske Corporation. 14% of employees are Black or African American. "I have long admired Vox Media's world-class editorial teams and brands," said Jay Penske, CEO and founder of Penske Media. Would A Long Writers Strike Kill Off Late-Night Television As We Know It? Cision Distribution 888-776-0942 The Penske Media Corporation management team includes Jay Penske (Chairman and CEO), Michael Monroe (Chief Marketing Officer and Head of PMC Studios), and Andrew Limpus (Associate Vice President, Talent and Recruiting) . 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. Los Angeles Metropolitan Area. Gross profit was $138 million, or . The group retails Toyota, Lexus, Honda and Mercedes-Benz vehicles. Two of Fairchild's properties, Style.com and W, remained under Cond Nast's ownership. {{ userNotificationState.getAlertCount('bell') }}. 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. All Rights Reserved. The group retails Toyota, Lexus, Honda and Mercedes-Benz vehicles. 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. A redesigned Variety magazine launched on March 26, 2013. Before joining NBC Sports, Hair was senior vice president of news operations and studio programming at Comcast Sports Group. In 2008, Penske will also race in the Grand-Am Series, competing in conjuction with Wayne Taylor Racing at the Rolex 24 in Daytona. Princell Hair has been tapped as president of Allen Media Broadcasting, the broadcast television station division of Byron Allens Allen Media Group. Penske Corporation manages businesses with revenues in excess of $18 billion, operates in more than 1,700 locations and employs 40,000 people worldwide. Coming to the agency after a nearly five-year run as Endeavors Senior Vice President of Consumer Communications, Chan joins a WME executive team that includes recently appointed EVP of Business Operations Kim Ulrich, President of WME Ari Greenburg, Chief Operating Officer Dan Limerick, Chief Financial Officer Michelle Walter, General Counsel Courtney Braun, Head of Corporate Communications Marie Sheehy, and Vice President of Human Resources Miri Stucker. [36], PMC owns and operates Variety magazine, a trade paper for the entertainment industry founded in 1905, as well as its various digital and data platforms. [11] The site was designed to compete with other portals like Indiatimes.com, Yahoo!, and Rediff.com. PMC's Chairman and CEO since founding is Jay Penske. [16] The paywall was taken down on March 1, 2013, and, after 80 years of publication, the last print edition of Daily Variety was issued on March 19, 2013. Seeking full-time Operations Managers to provide leadership,<br><br>coaching, direction, develop people and improve restaurant operations to<br><br>maximize the long-term sales and profit of McDonald's locations. PMC is a constellation of global media brands fueled by remarkable content across our digital, video, print, and event properties. The venue has also hosted NASCAR, Formula One and other racing [] Denker assumed responsibility for Penske Corporations marketing and communications functions after joining the company in 2005. All rights reserved. WWD is often considered the "Bible of the fashion industry. Penske Media Corporation Jan 25, 2021, 09:00 ET NEW YORK, Jan. 25, 2021 /PRNewswire/ -- Penske Media Corporation (PMC) appoints Luke Bahrenburg EVP and Chief Revenue Officer, Robb. [21] In January 2016, PMC acquired independent film and television platform IndieWire from SnagFilms, Inc. for an undisclosed amount of money. 8% of Team Penske management is Hispanic or Latino. All content 2023 Team Penske. Denker assumed responsibility for Penske Corporation's marketing and communications functions after joining the company in 2005. Variety, now 115 years old and begun in New York back in the days of vaudeville, and The Hollywood Reporter, begun in Los Angeles to cover the movie studios in 1930, have been duking it out for primacy in Hollywood coverage for 90 years. This is a BETA experience. Awesome team of other designers and collaborate on projects. [13], In September 2010, the Mail.com Media Corporation announced a transaction in which they would sell the Mail.com email and portal service to United Internet Group, one of Germany's leading internet companies. The comments from Roberts followed the release of first-quarter financial results. (business & personal). [51] The awards began in 2004. In this newly-created role for 2008, Gibson will assume responsibility for Penske Performances sponsorship, marketing, licensing and communications programs. Let's not forget culture starts at the top. He also formerly owned a rare-books store, a notable interest for someone whose other publishing assets have been substantially digital. A Penske associate since 1993 . "The PMC principles and values are quite literally our guiding light. 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. Both companies said the long-time rivals would continue to operate as independent publications . [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. 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. @sportico would like to welcome the first members of our editorial team: @McCannSportsLaw , @novy_williams , @HowieLongShort , @pjschwartz1 , @Boomskie , @JacobFeldman4 and @LevAkabas . The Indianapolis Motor Speedway has hosted the world's largest single-day sporting event - the Indianapolis 500 Mile Race - for more than 100 years. <br><br><i>Must be</i> able to work various shifts each day<br><br>of the week.<br><br>Operations Managers consistently demonstrate . This site is protected by reCAPTCHA Enterprise and the Google Privacy Policy and Terms of Service apply. The "Double Fantasy" cover art shows The Weeknd as his Idol character Tedros, a leader of a modern-day cult and the love interest of rising pop star Jocelyn, who's played by Lily-Rose Depp . BGR.com is a tech and gadget blog originally founded by Jonathan Geller and purchased by PMC in 2010. He leads the company's freight management product offering, which includes revenue growth, operations, pretax earnings and customer relations. 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. 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. Bookforum subsequently ceased publications on December 12. Signup for Breaking News Alerts & Newsletters. All rights reserved. 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. Penske Automotive Group, Inc. is a member of the Fortune 500 and Russell 1000 and has 16,000 employees. 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. Listing for: Burlington Coat Factory Corporation. 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. Website Design and Development by Digital Momentum. Company profile for Penske Automotive Group Inc. including key executives, insider trading, ownership, revenue and average growth rates. 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. Send us a tip using our annonymous form. [52] Owned by Jay Penske since 2015, it is a brand of the Penske Media Corporation. North Carolina Charter Educational Foundation Inc, Community Home Care and Hospice Jobs Near Me. 11% of the management team is Black or African American. Copyright 2023 Penske Media Corporation. He began his career at several local TV stations, moving into leadership roles at CNN/Turner Broadcasting. Read Next: Matthew Lawrence: My Agency Fired Me After I Refused to Take My Clothes Off for an Award-Winning Director, Aidy Bryant to Star in Dramedy Thriller Series Lonely Hearts Club, Based on Crime Junkie Podcast, in the Works at Peacock (EXCLUSIVE), Disney Entertainment Television Reshuffles Comms and PR Roles Following Layoffs, Amazon Studios, Prime Video Lay Off 100 Staffers, Matthew Lawrence: 'My Agency Fired Me' After I Refused to Take My Clothes Off for an Award-Winning Director, Only Murders in the Building Season 3 Premiere Date Revealed by Steve Martin and Martin Short at Comedy Show (EXCLUSIVE), Coachella Owner AEG Threatens Legal Action Against Filmmaker Who Made Unofficial Frank Ocean Concert Movie (EXCLUSIVE), Super Mario Bros. 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Movie Crossing $1 Billion at Global Box Office, COVER STORY | How a Sex Scandal, Big Egos and Putin Led to Jeff Shells Sudden, No Payout Exit From NBCU, Ryan Goslings Greta Gerwig Barbie Tee and Margot Robbies Pink Two Piece Embrace Barbiecore, The Brilliance of Harry Belafonte in 12 Songs, Bob Odenkirk Joins The Bear Season 2 (EXCLUSIVE), Is This 'Beau Is Afraid' Character a De-Aged Joaquin Phoenix? Please join our community at sportico.com", "BollywoodLife.com crosses 20 million monthly active users mark; sees a growth of 3.2x year on year", "Penske Media Corp Taps George Grobar As COO", "BollywoodLife.com crosses 10 million users in June 2020, witnesses massive growth of 4.9x in a year", "Oscars: Deadline, Gold Derby, IndieWire & Variety Take The Gloves Off In Ultimate Predictions Smackdown", "Penske Media Corporation Acquires Gold Derby", "Penske Media Makes Strategic Investment in LDJ Productions", https://en.wikipedia.org/w/index.php?title=Penske_Media_Corporation&oldid=1152509327, This page was last edited on 30 April 2023, at 17:28. [7][8][9][10], In February 2010, MMC finalized and announced a joint venture with Zee TV, one of India's leading TV networks, on the creation of the new India.com web portal and seven other portals. Marc Althen President Pete Bayer Senior Vice President of Operations Steve Beverly Senior Vice President of Finance Jeff Bullard Senior Vice President of Operations Dave Bushee Senior Vice President of Logistics Technology David Eaton The data presented on this page does not represent the view of Team Penske and its employees or that of Zippia. Lorem ipsum dolor sit, amet consectetur adipisicing elit. Cavanagh and CFO Jason Armstrong will lead earnings calls with Wall Street analysts for the foreseeable future, Roberts added. O'Hare has a twenty-year track record of driving digital audience and revenue growth. Based on our data team's research, Roger S. Penske is the Team Penske's CEO. [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. Executive Summary. [6], In early 2009, the company announced the purchase of Deadline Hollywood Daily (now known as Deadline.com). Hair has also been named to an executive vice president role at parent company Allen Media Group. [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. I am thrilled to join a team dedicated to connecting this portfolio of brands to new audiences and partners in cutting-edge and creative ways," Monroe said about his appointment. The owned-and-operated Allen Media stations are a strong broadcast group in growing markets. "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. Penske executives are regularly invited to share insights at leading colleges and industry groups around the globe. Penske Performance, Inc. operations include teams competing in the IndyCar Series, NASCAR Sprint Cup Series, NASCAR Nationwide Series and American Le Mans Series under the Penske Racing banner. 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. Bonnie Raitt is undergoing surgery for an undisclosed "medical situation," according to a statement issued by her team on social media. Shells exit comes as NBCU is facing a complex operating environment and a number of strategic decisions. 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. Penske Automotive Group, Inc., which sells new and previously-owned vehicles, finance and insurance products and replacement parts, offers maintenance and repair services on all brands it represents. , 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. [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:", ". I am excited to lead this team of accomplished General Managers as we navigate the complexities of local television management while acquiring more broadcast stations and media assets.. Longo Toyota, located in El Monte, California, is the largest Toyota dealership in the United States, selling 25,000 new and used vehicles per year. 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. [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. Penske Media Corporation's Executive Team ranks in the Top 25% of other companies in Los Angeles and Top 15% of other companies on Comparably that also have 501-1,000 Employees. Penske also is a Director of the Downtown Detroit Partnership and a director of Business Leaders for Michigan. After claiming three IndyCar titles, Hornish Jr. makes the transition into full-time NASCAR racing this season. In the 1990s, the magazine shifted focus to a younger readership interested in youth-oriented television shows, film actors and popular AT40-based music. Job specializations: Retail. Our dynamic events, data services, and rich content entertain and educate today's technology, entertainment, retail, fashion, beauty, art and lifestyle sectors. Fairchild Fashion Media is a digital media, publishing, and events company that owns multiple fashion-related content properties.
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