Chris Polimeni named Chief Financial Officer and Jeffrey Laymon Chief Accounting Officer
Boca Raton, FL, March 29, 2010, –AMI Chairman and CEO, David J. Pecker, announced
today that Chris Polimeni has been promoted to Executive Vice President for Finance and
Planning, Chief Financial Officer and Treasurer. Mr. Polimeni had previously been
EVP-Finance, CAO and Treasurer for the past year.
Mr. Polimeni said, “This is an exciting time for AMI as the past year has seen the
development of several new revenue streams. I want to thank David for giving me this
new opportunity to serve the company as its Chief Financial Officer and look forward to
the challenges ahead.”
Mr. Pecker also announced that Jeffrey Laymon has been promoted to Senior Vice
President, Controller and Chief Accounting Officer. Mr. Laymon had previously been
VP Controller.
“Chris and Jeffrey have done an outstanding job in their respective financial roles for the
past four years. I am very proud to be able to promote both from within AMI’s financial
department for these two critical positions,” said Mr. Pecker.
Mr. Polimeni will continue to report to Mr. Pecker and Mr. Laymon to Mr. Polimeni.
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.