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BREAKING NEWS & VIEWS
David Nussbaum Replaces David Steward as CEO of F+W Publications
After a brief hiatus from the B2B media business following his departure from Penton, Nussbaum joined forces again with private equity shop ABRY Partners (Cygnus, F+W, formerly Penton) in March to search for new B2B media acquisitions with $100 million in capital. The company, Sundance Business Media, will be put on the back burner while Nussbaum is at F+W. Nussbaum’s attraction to the F+W job didn’t stem merely from his previous positive interactions with ABRY (both parties did well on the sale of Penton). In late November 2007, David Blansfield took over as president of F+W’s magazine division, filling a vacancy that had been left by Colin Ungaro, who left in late October. Blansfield had worked for Nussbaum at Penton where he was SVP of the design engineering group (Machine Design) while Nussbaum was CEO. At F+W, they will be reunited, again both in top executive roles. In early December, min’s b2b wondered which top B2B exec would be the next to move to the consumer side. Nussbaum being that next mover/shaker should not surprise us: Three of the biggest names to move from B2B to consumer/niche have come from Penton—Nussbaum, Blansfield, and Eric Shanfelt, who had been running e-media at Penton, and is now doing the same at Aspire. More on this story in this coming week’s min’s b2b. If you have breaking news to share please contact Steve Smith at ssmith@accessintel.com COMMENTS
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-jeremy