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Posts Tagged ‘Nancy Telliho’

Budget Travel Names New Publisher

Michael Carroll has been named publisher of Arthur Frommer’s Budget Travel. Carroll was the former director of multimedia advertising sales at The Wall Street Journal.  He joined the newspaper in 2006, as director of travel and tourism advertising sales.

Beginning today, Carroll assumes his new duties with Budget Travel.  Those responsibilities include overseeing the magazine’s worldwide advertising sales and marketing efforts. He will report directly to Nancy Telliho, president of Budget Travel.

“Michael is a highly respected member of the advertising and travel communities and he brings Budget Travel a rare client-side perspective on our business,” Telliho said. 

Carroll joins the most recent expansion of new hires including Lisa Schneider, who joins as the digital general manager; Robert Perino, as art director; Laura Michonski, as the deputy online editor; and Angelo Lombardo, who joins as the New York advertising account executive.

“I’m thrilled to lead a travel magazine that inspires real action – not just day dreaming – among its audience,” Carroll said. “The passion of our loyal fan base serves our advertising partners well.”

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After Sale, Budget Travel Keeps President

budget travel.jpgLast month we reported on Newsweek Inc.’s sale of Budget Travel to Fletcher Asset Management. Today, Fletcher proudly announced that the deal had closed, and that the travel magazine’s president, Nancy Telliho, and the rest of its senior management team will be staying on as the title moves to its new owner.

Additionally, Harold Shain, former president of Washington Post Co.-owned Newsweek and former president of Newsweek Budget Travel Inc. will be rejoining the magazine as chairman.

Said Telliho:

“We are thrilled to find ourselves under new ownership with a firm that recognizes the strength of the Budget Travel brand in both print and online. With Fletcher’s support, and Harold’s involvement, we are well positioned for even greater growth than we’ve experienced in our first 10 years. Fletcher’s confidence in the senior team is gratifying and we look forward to great success together.”

Full release after the jump

Previously: Budget Travel Sold

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