AMERICAN MEDIA, INC. NAMES RON MINUTELLA VICE PRESIDENT OF FINANCIAL PLANNING & ANALYSIS
New York, NY, APRIL 11, 2011— AMI Chairman, President and CEO, David J. Pecker, announced today that Ron Minutella has been named Vice President of Financial Planning & Analysis.
In his new role, Mr. Minutella will head up AMI’s financial planning and analysis department.
“With more than 30 years of experience, Ron is the perfect candidate to manage our planning department. His wide range of experience in the magazine publishing industry will contribute to our continued success,” said Mr. Pecker.
Mr. Minutella has an extensive background in publishing, having led the financial planning department at Hachette Filipacchi, leading such titles as Elle, Car and Driver and Road & Track.
Mr. Minutella commented, "I am excited to join David Pecker and his senior management team at such an exciting time for AMI. I have known and worked with David for nearly 30 years; he is an exceptional CEO and I believe I can help him manage the business as it continues to evolve and grow.”
“We are thrilled to have Ron join the AMI team. He brings unique skills and experience to our financial leadership and recruiting him is another essential step for our future,” said Chief Financial Officer, Chris Polimeni.
Mr. Minutella will report to Chris Polimeni effective today.
About American Media, Inc.
American Media, Inc. owns and operates the leading print and digital celebrity and health and fitness media brands in the United States. AMI’s titles include Star, OK!, National Enquirer, Globe, Soap Opera Digest, Soap Opera Weekly, Pixie, Shape, Men’s Fitness, Muscle & Fitness, Flex, Muscle & Fitness Hers, Fit Pregnancy and Natural Health. AMI also manages 18 different digital sites including RadarOnline.com, OKmagazine.com, Shape.com, MensFitness.com, MuscleandFitness.com and FitPregnancy.com. AMI’s magazines have a combined total circulation of almost 7 million and reach more than 55 million men and women each month. AMI’s digital properties reach an average of 10 million unique visitors and 80 million page views monthly.
AMI also operates a Publishing Services business unit which includes Distribution Services, Inc. (DSI), the No. 1 in-store magazine sales and merchandising marketing company in the U.S. and Canada. DSI places and monitors AMI’s publications and third-party publications to ensure proper displays in major retail chains and national and regional supermarket chains. DSI also provides marketing, merchandising and information gathering services to third parties including non-magazine clients. Publishing Services also provides print and digital advertising sales and strategic management direction in the following areas: manufacturing, subscription circulation, logistics, event marketing and full back office financial functions. Playboy is one of many publishers who have taken advantage of these additional services.