2014

Summit Business Media Names McCurdy, Nussbaum, Young and Clifton to Its Board B2B Media Industry Veterans to Help Implement Company's Growth Strategy

NEW YORK, May 23, 2011 /PRNewswire/ -- Summit Business Media, a leading business-to-business media and information company, today announced that it has named B2B media industry leaders Charles McCurdy, David Nussbaum, Jason Young and Jean Clifton to its Board.  

(Logo:  http://photos.prnewswire.com/prnh/20100316/SUMMITLOGO )

Andrew L. Goodenough, Summit's President and CEO, said, "This slate of new directors is among the finest ever assembled for a B2B media company, and we look forward to benefiting from our new directors' experience and counsel.  We will work closely with them to implement Summit's growth strategy as we move beyond our restructuring with a new capital structure that provides financial flexibility and cash flow for supporting the new stage of growth for Summit, leveraging our strong franchises in insurance, financial and professional services."

Goodenough noted that the new directors bring a wide range of operating experience at major B2B media companies to their new roles:

Charles McCurdy, Chairman:  Former CEO of Canon Communications, which was sold late last year to United Business Media, McCurdy has held roles of high visibility in a number of media companies, including Primedia and Macmillan.  He is immediate past Chairman of American Business Media, former Executive Committee member of SISO, and serves on the Cygnus Business Media board.  He holds an MBA from Columbia Business School and a BA from Yale.

David Nussbaum:  Current Chairman and CEO of F+W Media and the former CEO of Penton Media, Nussbaum also serves on the Thomas Nelson board and is an advisory board member of Metamorphic Ventures.  He holds a BS in Journalism from Boston University.

Jason Young:  Former CEO and 20-year veteran of Ziff Davis Media, Young has recently founded a new company focused on delivery of digital advertising to mobile/smart device ecosystem called Smart Device Media.  He also serves as an advisory board member to Madison Logic and Crisp Media.  Young holds a BA from Tufts University.

Jean Clifton:  Clifton's previous roles include EVP and CFO of Penton Media and SVP and CFO at Reader's Digest Association.  She serves on the board of an Indian company, Dainik Bhaskar, and holds an MBA from the University of Michigan.

About Summit Business Media

Summit Business Media is the leading B2B media and information company serving the insurance, financial services, legal and investment advisory markets.  Summit strives to be "The Next Generation of Business Information" for executives and practitioners by providing breaking news and analysis, in-depth practice management strategies, business-building techniques and actionable data.  Summit services the information needs of its customers through numerous channels, including digital, print, and live events.  Summit publishes 16 magazines and 150 reference titles, operates 20 websites and hosts a dozen conferences, including the world's largest mining investment conference in South Africa.  Summit's Data division provides financial data on 6,000 insurance companies and detail on nearly one million health and benefits plans in the U.S.

Summit employs 400 employees in eleven offices across the United States.  For more information, please visit summitbusinessmedia.com.

SOURCE Summit Business Media



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