BREAKING NEWS & VIEWS

Hot Lister Giesea to Depart FierceMarkets
Wednesday, November 12, 2008

Shortly after being recognized by min magazine Monday (Nov. 10) as a member of its “2008 Digital Hot List,” FierceMarkets longtime President Jeff Giesea announced his departure from the company he founded eight years ago. Effective January 1, current COO Sean Griffey will replace Giesea, who says he will take time off traveling before deciding on his next venture. “The past eight years have been the most amazing and educational experience I could have imagined,” he said in a statement. Trade publisher and events company Questex Media Group purchased FierceMarkets in January. “For an entrepreneur, there’s nothing more gratifying than to build a successful company, sell it, and then continue to see it grow and thrive.”

Founded in 2000, FierceMarkets took the B2B publishing market by storm, creating a series of E-Newsletters in the wireless, telecom, finance and biotech space that grabbed subscribers and mindshare from many established trade titles. It now produces 23 titles in five vertical markets that reach over 730,000 professionals.

Giesea’s successor, Sean Griffey, joined the company in 2005 and was named COO in 2006. He is credited with revamping the FierceMarkets infrastructure and launching new technology and events series. “It has been a privilege to work alongside Jeff as he has built this company from the ground up,” says Griffey. "I'm particularly excited to take on this role at this time. With a seasoned leadership team and an innovative lead-generation platform, FierceMarkets is poised to build on its strong history of growth.”

Before selling to Questex, Giesea often boasted in the pages of min’s B2B that FierceMarkets revenues consistently grew 50% year-to-year since its founding.

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