SourceMedia Taps Gemma Postlethwaite As Its Next CEO
The CEO of PIRA Energy Group will succeed Doug Manoni to become SourceMedia's third-ever chief exec, effective April 9.
SourceMedia has tapped Gemma Postlethwaite, CEO of PIRA Energy Group, as its next chief executive, the company announced Monday.
The news comes two months after the company’s current CEO, Doug Manoni, announced he intended to step down after eight years in the role.
Postlethwaite’s term as the third CEO in the 14-year history of the b2b publisher—whose 19 media brands primarily serve various sectors of the finance industry—will begin April 9.
Postlethwaite spent the last three years as CEO of PIRA Energy Group, an energy market analyst firm acquired by S&P Global Platts in 2016. She first arrived at the company in 2014 as COO, after holding executive roles at risk consulting firm Altegrity, data marketing firm Infogroup, and before that, Thomson Reuters, where she spent eight years.
“Gemma’s background as a transformative leader in financial information services is a great fit for our company,” said Manoni in a statement. “I’m confident that her strong product development and operational experience in media and information services will enable us to achieve new successes and further growth.”
Manoni, who arrived at the company in 2008, will transition to executive chairman, a move he said was rooted in a desire to take on “a new challenge,” and also to be closer to his family in the Boston area.
But Manoni’s shift is one in a series of high profile changes at SourceMedia in recent months, including the departures of CFO Michael Caruso and, most recently, chief product and audience officer Minna Rhee. Earlier this month, the company added oversight of all media sales to CMO Matt Yorke’s duties. His new title is forthcoming.
“I am excited to join SourceMedia at this important moment in the company’s history,” said Postlethwaite in a statement.