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Published on: 8/20/2008
Last Visited: 8/20/2008
Kent Brownridge Steps Down as Alpha Media CEO
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Kent Brownridge Steps Down as Alpha Media CEO
In a statement, Brownridge characterized the change of guard as part of a long-term plan
...
Alpha Media's Kent Brownridge
Kent Brownridge, the ex-Wenner Media executive who emerged from retirement last year to lead the private-equity takeover of Maxim and Blender magazines, is out after a year as the CEO of their parent company, Alpha Media Group.
...
Brownridge will stay on as chairman.
Alpha formed when Quadrangle Capital Partners bought Maxim, Blender and Stuff from Dennis Publishing in June 2007 for $240 million-plus. (Stuff's print edition was folded into Maxim shortly after.)
Brownridge wasn't immediately available for comment, but in a statement, he characterized the change of guard as part of a long-term plan."I joined Alpha Media Group with the intention of assembling a world-class executive team able to build upon the company's great brands," he said.
...
As CEO, Brownridge replaced the top editorial and sales executives at the surviving magazines, in some cases poaching from his old stomping grounds, Wenner; beefed up the marketing department to bolster cross-platform sales; and announced dramatic circulation growth plans for Blender, raising its rate base to 900,000 from 800,000 in January '08.
...
Kent Brownridge Steps Down as Alpha Media CEO
In a statement, Brownridge characterized the change of guard as part of a long-term plan
...
Alpha Media's Kent Brownridge
Kent Brownridge, the ex-Wenner Media executive who emerged from retirement last year to lead the private-equity takeover of Maxim and Blender magazines, is out after a year as the CEO of their parent company, Alpha Media Group.
...
Brownridge will stay on as chairman.
Alpha formed when Quadrangle Capital Partners bought Maxim, Blender and Stuff from Dennis Publishing in June 2007 for $240 million-plus. (Stuff's print edition was folded into Maxim shortly after.)
Brownridge wasn't immediately available for comment, but in a statement, he characterized the change of guard as part of a long-term plan."I joined Alpha Media Group with the intention of assembling a world-class executive team able to build upon the company's great brands," he said.
...
As CEO, Brownridge replaced the top editorial and sales executives at the surviving magazines, in some cases poaching from his old stomping grounds, Wenner; beefed up the marketing department to bolster cross-platform sales; and announced dramatic circulation growth plans for Blender, raising its rate base to 900,000 from 800,000 in January '08.
...
Kent Brownridge Steps Down as Alpha Media CEO
...
Kent Brownridge Steps Down as Alpha Media CEO