BREAKING NEWS & VIEWS
John Suhler Retires from Veronis Suhler Stevenson
Wednesday, January 9, 2013
John Suhler, who with partner John Veronis turned Veronis Suhler Stevenson from a "boutique investment bank" at its 1981 founding into a major investor that generated more than 700 transactions representing more than $35 billion in value, retired from the firm at year-end. In part, this will give the 69-year-old Suhler more time with the four-year-old Suhler Family Investment Office, which he started with wife Charlotte as a "transition" to his retirement.
Suhler is remaining affiliated with VSS as chairman emeritus. With Veronis having stepped down in May 2010, the remaining principal is Jeffrey T. Stevenson, who joined the firm in 1982 and became a managing partner in 2002.
Pre-VSS, Suhler was president of the then-Woman's Day-flagshipped CBS Publishing Group. In the 1970s, he was of publisher of Psychology Today when it was part of Ziff-Davis Publishing.
Perhaps the most famous transaction managed by VSS was the $3.2 billion sale of the TV Guide-flagshipped Triangle Communications to News Corp. in Aug. 1988. The sum was huge at that time, as were the respective personalities: the late Walter Annenberg and Rupert Murdoch.
A VSS-managed fund has owned min parent Access Intelligence, LLC since Oct. 2000.
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