George Grobar is preparing for a change in his position at Penske Media Corporation. He will transition into an advisory CEO role and join the board, while relinquishing his post as the company’s president, which oversees publications like The Hollywood Reporter.
Craig Perreault, who is presently serving as the Chief Strategy Officer at PMC, has now been elevated to the position of President for Media & Corporate Development.
Craig Perreault, who holds the position of chief strategy officer at PMC, has just been promoted to the role of president overseeing media and corporate development.
Or simply:
Craig Perreault’s role as Chief Strategy Officer at PMC has been upgraded to President of Media & Corporate Development.
Jay Penske, chairman and CEO of Penske Media Corporation, stated that George is an exceptional executive he has had the pleasure to work with. He described George as a reliable friend, effective leader, and smart businessman. Jay expressed gratitude for 16 years of collaboration with George and looks forward to more in the future. According to Jay, George’s impact on this company is permanent and undeniably contributed to making PMC what it is today.
Grobar became part of PMC in 2009 as their Chief Financial Officer, later ascending to the position of president in 2021. Perrault, who has spent 21 years with the company, will now manage revenue operations for all 26 of PMC’s media brands, along with corporate strategy development and partnerships.
Craig has been a key member of our team nearly from the start, contributing significantly to the growth and progress of our business,” Penske stated. “Throughout the years, he’s taken on various responsibilities within the company and gained an exceptional grasp of the intricacies of our operations. His extensive knowledge, knack for adapting quickly, and consistent agility have consistently stood out. I look forward to witnessing the effects of his efforts in his new position.
For the past 16 years, I’ve been thrilled to be part of shaping some of the most exceptional media and event companies globally,” stated Grobar. “I am thankful for my team at PMC, the many skilled professionals, and the chance to keep collaborating with Jay.
Perreault stated that George’s influence on PMC has been immense. He’s been both a valued collaborator and friend over an extended period, and I’m delighted that our working relationship will persist, with him joining the board and taking part in specific initiatives,” said Perreault.
Perreault expressed his enthusiasm for the upcoming chances and eagerness to keep moving forward with the amazing individuals and businesses at PMC. He’s celebrating 21 years with the company and feels ready to uphold PMC’s fundamental goal. Despite the hurdles in today’s market, he remains confident that there will always be a demand for top-tier information, experiences, and entertainment.
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2025-07-25 16:54