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Published on: 2/4/2009
Last Visited: 3/9/2009
PR Newswire Appoints Ninan Chacko Chief Executive Officer
PR Newswire Appoints Ninan Chacko Chief Executive Officer - Feb 04, 2009
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PR Newswire Appoints Ninan Chacko Chief Executive Officer
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NEW YORK, Feb. 4 /PRNewswire/ -- Experienced leader in the distribution and technology industry, Ninan Chacko, is set to take the helm at PR Newswire with the planned retirement of Chief Executive Officer Charles Gregson, the company announced today.
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Chacko, 44, who has spent two decades in numerous leadership positions within the travel and transportation industry focusing on travel distribution, transaction processing, and technology services, will assume full responsibility for the chief executive role by the end of March, spending time until then working closely with Charles Gregson to ensure a smooth transition.
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Chacko will report directly to David Levin, Chief Executive Officer of United Business Media, PR Newswire's parent company.
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Of Chacko's appointment, Levin said, "Ninan is a proven, entrepreneurial business leader who brings to PR Newswire his terrific strategic, commercial and operational understanding of businesses that are all about data distribution and workflow information products.
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Ninan will also contribute to UBM more widely as we continue to enhance the technology and data mix within our wider business portfolio."
Chacko has significant experience in highly customer-focused global information distribution businesses, most recently as Chief Commercial Officer of Worldspan, the worldwide travel information, e-commerce and technology service provider to travel agencies, travel service providers and corporations.
As Chief Commercial Officer, Chacko was responsible for sales, marketing, customer operations, service and support activities for traditional and online travel agencies, travel suppliers and corporate customers in over 60 countries.
Chacko was a founding member of the buyout consortium management team that acquired Worldspan in 2003 from Delta Air Lines, North West Airlines and American Airlines, and served in the role of Chief Commercial Officer until its $1.4 billion sale to Travelport in 2007.
Prior to Worldspan, Chacko spent more than 13 years with Sabre Holdings, a leading supplier of distribution and technology solutions to the travel industry and Sabre's former owner, AMR Corp.
As Senior Vice President, Chacko led the development, launch and operation of the company's hotel merchant business in the travel agency channel.
Prior to that, he served in a variety of leadership roles at Sabre, including Senior Vice President of Marketing for Sabre Travel Network, and Senior Vice President of Global Services.
Mr. Chacko began his career with System One Corporation before joining American Airlines' Decision Technologies group in 1990.
"I am incredibly honored to have this opportunity to join the PR Newswire team and to continue Charles Gregson's efforts and build on his success," said Chacko.
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A native of Malaysia, Chacko was educated in Asia, Europe and the United States, earning a Bachelor's and Master's degree in Aerospace Engineering at the University of Kansas.
He also graduated from Harvard Business School's Advanced Management Program.
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I look forward to working with him through the remainder of the year as he supports Ninan in taking on the new role and also works with me personally and UBM more broadly."
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