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Posts Tagged ‘e5 Global Media’

Nielsen President Farrar Steps Down

farrar.gifAfter working to complete the sale of eight brands last month, Nielsen Business Media president Greg Farrar has decided to leave the company, Folio reported last night.

Farrar, who had worked at the company for 20 years, was named president in 2007, and had served as COO before that. He helped oversee the sale of several brands, including Mediaweek and Billboard to newly created e5 Global Media in December.

Nielsen told Folio that is has no plans to replace Farrar, although he will stay on for a transition period, overseeing the company’s remaining publications that are not associated with a trade show. Andy Bilbao, senior vice president of brand media, will then take over those duties once Farrar departs, with senior vice presidents Joe Randall and David Loechner have been picked to lead the newly-created Nielsen Expositions group for the company’s trade shows.

Update: A Nielsen spokesperson tells FishbowlNY: “Having managed the trade show business through the economic downturn while also divesting most of the company’s publications, Greg has accomplished his goals at Nielsen and decided it is the right time to seek greater opportunities.”

Farrar Leaving Nielsen Business Media as PresidentFolio

Previously: Investor Group Buys Eight Nielsen Brands

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Breaking: Beckman Leaves Condé Nast

beckman.jpgIt’s official: Richard Beckman, chief executive of Women’s Wear Daily publisher Fairchild Fashion Group resigned this morning. He is leaving the Condé Nast division to become CEO of e5 Global Media, a recently created media company that purchased The Hollywood Reporter, Billboard, MediaWeek and AdWeek from Nielsen last month, in a move first reported by The New York Post.

Beckman moved from his position as president of the Condé Nast Media Group to Fairchild last March, a move that was seen by many in the industry as a demotion. Condé Nast has yet to name a replacement.

Update: The Hollywood Reporter writes today about the new CEO of its parent company: “Beckman said his career and passion have focused on music, entertainment and media, ‘making this collection of brands particularly alluring to me.’ He added: ‘I look forward to developing these valuable brands and improving and extending them in the years to come.’”

Read more: Beckman Resigns as Fairchild CEOWWD

Conde rainmaker Richard Beckman eyes exitNew York Post

Previously: Richard Beckman Named President, CEO of Fairchild, Investor Group Buys Eight Nielsen Brands