Peter Hoyt Named President and CEO of RFE’s Retail and CPG Holdings
Hoyt to lead Stagnito Business Information + Edgell Communications, and the Path to Purchase Institute.
Eagle Holdings, a portfolio company of RFE Investment Partners, was set up to serve as the parent company of the three recently acquired entities, creating a comprehensive media group for the retail and consumer packaged goods sectors.
Hoyt arrived at the company through RFE's acquisition of Path to Purchase Institute, of which he will remain executive director. Kollin Stagnito, who had been named CEO of Stagnito + Edgell, has stepped down. The circumstances of his departure remain unclear, and a representative for Stagnito + Edgell declined to comment.
Stagnito Business Information and Edgell Communications merged before being acquired by RFE in February. It brought along magazines including Progressive Grocer, Convenience Store News, Hospitality Technology, Apparel, as well as live events and research outlets. In April, RFE acquired the Path to Purchase Institute, publisher of the monthly Shopper Marketing magazine.
Hoyt will report to Eagle Holdings executive chairman Alan Glass and lead a team including Korry Stagnito, chief brand officer, Ned Bardic, chief customer officer, Chris Stark, chief financial officer, Joel Hughes, chief digital officer, and Greg Flores, chief human resources officer.
The combined company now has around 200 employees, and produces around 20 digital and print publications, and around 50 events. Eagle Holdings is headquartered in Chicago, but also has offices in Jersey City, N.J., Randolph, N.J. and Toronto, Canada.