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Untitled Document

Does anyone want to run CMP Media?

Published: Tuesday, November 27, 2007

-MARTY

It’s been almost a month now since Steve Weitzner stepped away from the CEO gig at Long Island based media firm CMP Media. We thought by now a new CEO would have been announced but nothing, not even a blip, at least as far as we know. This can mean several things, but we will only mention a few.

-perhaps no one wants the gig.
-Maybe they have someone but they put a low ball offer on the table leaving that deal up in the air.
-United Business Media doesn't think that any of the executives still in office are capable of leading the company. Or one of them would have at least been named acting CEO or Weitzner’s duties would have been split between two individuals until a new CEO is named. You know the usual media industry way.

We can go on and on but we won't, because sooner or later UBM Chief David Levin will pull a new CEO out of the hat, perhaps someone from the past. Or maybe Levin likes to see his picture on the management page of CMP's website. We already named possible internal candidates mainly one, we think can take the wheel based on his background, but we won't be shocked if UBM forces someone from corporate to take over. And where is Steve Weitzner? Is he in India or something working on his first deal in his new demoted roll? Wonder what’s Weitzner's predecessor Gary Marshall’s take on this? We smell another shake up on the Horizon and it doesn’t smell good, especially if an outsider comes in. He/she will want to bring in their own team.

Labels: B2B_MEDIA, CMP, Magazine, SteveWeitzner, TechMedia

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