Penton Panting For Changes

The trade media company Pention media has been hit hard, and is making changes to ensure its recovery. It named a new CEO earlier this week. Now BtoB is reporting that President-COO Daniel Ramella, who lost the CEO derby to Nussbaum, will be leaving the company effective June 30.

Also, Eric Shanfelt, director of eMedia strategy for Penton’s IT Media Group and New Hope Natural Media businesses, will take on the newly created corporate position of VP-eMedia strategy as Penton said it plans to expand its interactive portfolio.

Penton’s eMedia revenues have been growing at a double-digit rate, and our goal is to accelerate that growth and do a better job of idea sharing and networking throughout the Penton enterprise,” Nussbaum wrote in the memo.

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