Facebook  Twitter  LinkedIn  

Visit min's sister site:



B2B FEATURE PERSON

Hanley Wood’s Goldstone ‘Restructured’ Out


Thursday, November 11, 2010 Peter Goldstone, president of Hanley Wood for the past year, is leaving the construction industry publisher as a result of a restructuring. In a Nov. 11 statement, the company said that the position of president is being eliminated altogether in an effort to “streamline our operations into one integrated media organization.” 

In an official statement provided by Hanley Wood to minonline and attributed to CEO Frank Anton, the company says, “Consistent with our business strategy of streamlining our operations into one integrated media organization, our board of directors has determined that it is appropriate to restructure our senior management team by eliminating the position of president. As a result, Peter Goldstone is leaving the company, effective immediately. No additional senior management changes are planned at this time. We thank Peter for his contributions to Hanley Wood and wish him the best in the future.”

The company did not elaborate on how eliminating the president’s position consolidated operations. Hanley Wood publishes Builder, Big Builder and JLC magazines in a fleet of 30 properties. It also has marketing services, exhibitions and data products divisions. The company has been in a two-year process of integrating its customer-facing businesses processes. According to previous company statements, Goldstone was himself tasked with advancing this integration. He has overseen the launch of the EcoHome and Architect brands. Neither Anton or Goldstone had returned direct requests for comment in time for this report.

Goldstone had been promoted to president just over a year ago after running business media. He appeared recently at the min day Digital Summit, where he recommended that publishers focus on digital platforms like marketing services and professional education that can become substantial businesses. In September, Goldstone outlined for min’s b2b the rebound his company was seeing in residential housing and remodeling markets. “There are good double-digit increases between now and the end of the year,” he said.

Nevertheless, Hanley Wood has been buffeted by the ups and downs of the real estate sector. Commercial building continues to suffer, although events were returning to growth.


Take min's fun quiz and find out how magazine-savvy you are!

And raise your digital IQ at the annual Min Digital Summit.

A day specially designed to help you master the changing world of digital media. June 5, 2012 at the Marriott Marquis, NY. Please join us at min's Digital Media Summit June 5, 2012.

This all day event is specially designed to help you master the changing world of digital media.
Read more

COMMENTS

Post a Comment

Name:
Email:
Comments:

Please enter the letters or numbers you see in the image.



B2B Feature Person Archives


min's Digital Media Summit

Countdown to the Summit:


  • Luncheon Keynote: Josh Quittner
Check out money making ideas from Slate Group’s John Alderman, New York Media's Larry Burstein and Meredith's Lauren Wiener.

Keynoter:
Erin Matts
Glam Media
Keynoter:
Josh Quittner
Flipboard


  Join us at the Summit June 5, 2012

Search Jobs
Media Jobs

App Central

min's App Central (for min subscribers only): Stay on top of mobile app developments with exclusive app reviews, analysis and data.

Please enter the following information to have a link to The Skinny emailed to your iPhone:

White Papers
Get even smarter -- download a white paper today. 


... view Whitepapers
min Contests

min contests
Want to sponsor a min contest?

min Press

min's Mobile App Report

 View Details
                           

min Presents: The Most Intriguing & Top-Selling Magazine Covers 2007-2010Intriguing & Top-Selling Magazine Covers

 View Details
                          


Inside min This Week
Events Calendar

min's Integrated Marketing Awards
Entry Deadline June 7
Enter Today!

min's Digital Media Summit
June 5, 2012 at the Marriott Marquis, NY
Register Now

Sales Executive of the Year
June 27, 2012 at the Marriott Marquis
 Purchase your tickets!



All Events




min
Free Eletters — Sign up Now