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Penton Hires David Kieselstein as CEO

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first_imgAbout four months after Sharon Rowlands resigned as CEO of Penton Media, the company announced today that it has hired David Kieselstein [pictured] as its new chief executive, effective immediately. Kieselstein, who is also joining the board of directors, is the former CEO of market research company TNS North America, a division of WPP. Kieselstein’s appointment, which officially starts on February 21st, relieves Tyler Zachem and Anup Bagaria of their interim co-CEO positions, which they took on following Rowland’s departure. Zachem and Bagaria are managing director of MidOcean Partners and vice chairman and managing director of Wasserstein & Co., respectively, Penton’s private equity owners. The two will continue as co-chairmen of the board. Kieselstein had been CEO of TNS since 2008. Prior to that he led Dun & Bradstreet’s Small Business Division and spent a good chunk of his career at Time Warner where he was chief executive of the Parenting Media Group and was president and chief executive of the Personal Finance Media Group, where he helped launch the CNNMoney partnership.He left Time Inc. in 2005 as part of a restructuring under then CEO Ann Moore which resulted in the layoff of 105 employees, including a roster of senior executives. That mix of classic publishing background with the b-to-b focus of D&B and the marketing services of TNS is what helped Kieselstein land the job. He tells FOLIO: that marketing services, which was started under Rowlands’ tenure and still in a “nascent” stage, has a huge opportunity going forward for the company. Other areas of focus will be expansion into international markets and a continued digital buildout. Kieselstein says Penton grew both revenue and EBITDA in 2011 versus 2010 and the company is well beyond its bankruptcy restructuring. “Thanks to Sharon [Rowlands] a lot of that heavy lifting has been done and she did a fantastic job over the last three years. I’m in a fortunate position where I’m coming on board to a company that’s structured very well for the future. The performance, both topline and bottomline has been exceeding expectations of the ownership. And we’re in a position where we can start thinking about acquisitions as well as organic growth. A lot less time will be focused internally on structural issues and a lot more time will be focused externally both on new markets and opportunities and also on our existing and new customers.”last_img read more

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Nextgeneration Audi RS6 Avant teased ahead of September debut

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first_img Share your voice More From Roadshow 0 Post a comment Audi 2019 Audi RS5 Sportback is sharp but not shouty 2019 Mercedes-Benz S560 Coupe review: Still the luxury benchmark More about 2019 Audi RS5 Sportback Enlarge ImageHey Audi? We want this. Audi Audi treats Americans to a rather wide variety of RS models, but there’s piece of forbidden fruit we’ve yet to taste. That’s the Audi RS6 Avant.While we don’t have confirmation the hot wagon will be heading our way, Audi is nearly ready to reveal it and teased the model on its German Facebook page this past Friday. According to the post, the brand plans to debut the wagon at its Audi City Berlin showroom locally this September. To be clear, Audi didn’t explicitly say this teaser shows the RS6 Avant, but there’s no denying the rear end and long roof on display here. Although cloaked in darkness and a sheet, Audi’s latest corporate taillight peeks through with a signature LED design. Compared to the current-generation RS6, the design should be rather evolutionary overall, but who are we kidding? It’s going to look gorgeous because it’s a sleek wagon. Preview • 2019 Audi RS5 Sportback: Performance without compromise 6:29 If the new RS6 Avant follows suit with the current car, it’ll pack a twin-turbo 4.0-liter V8 with around 650 horsepower. Should Audi Sport feel frisky, an electric motor part of a mild-hybrid system could push that figure even higher.Will Audi finally bring it to North America? All signs have pointed to that being the case. Audi previously told Motor Authority in February that the company is actively looking at bringing the RS6 Avant and standard A6 Avant to these shores with the next-generation models. The company has also previously encouraged fans to continue speaking out in favor of bringing the model to North America. Say it loud, say it proud: we want the RS6 Avant, Audi. 2018 Subaru Crosstrek: Just as good as before, only better Review • 2019 Audi RS5 Sportback review: Goody two-shoes Tags Now playing: Watch this: 2020 Subaru Outback first drive: Tech and trail mix 2019 Audi RS5 Sportback is a goody two-shoes Wagons Performance Cars 69 Photos Audilast_img read more

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Bangalore airport passenger traffic up 23

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first_imgBangalore International Airport handled 17.3 million passengers during the period April 2015 to February 2016. It marks an increase of 22.6 percent over 14.1 million passengers who arrived or departed from the airport during the corresponding period last fiscal.The growth was higher in the domestic passenger segment at 24.5 percent, with the airport handling 14.2 million passengers in the 11-month period of the current financial year, as against 11.4 million passengers in the year-ago period, the Bangalore International Airport Ltd. (BIAL) informed International Business Times India in a statement Monday. The airport handled 3.1 million international passengers, up 14.8 percent from 2.7 million passengers in the previous financial year’s 11 months.In calendar year 2015, the Bangalore International Airport handled 18 million passengers, 25.2 percent more than the earlier year.BIAL is a joint venture between the GVK Group, the Airports Authority of India (AAI) and the Karnataka State Industrial Investment & Development Corporation (KSIDC) and other private promoters, according to GVK Group’s website.In 2014-15, the airport handled 15.40 million passengers and 279,532 metric tonnes of cargo.Domestic air traffic has witnessed consistent growth in the past few months and in calendar year 2015. For the 12-month period ended December 2015, domestic airlines carried 810.91 lakh passengers, a growth of 20.34 percent over 673.83 lakh passengers in calendar year 2014.The overall domestic passenger traffic grew 22.58 percent to 76.55 lakh passengers in January 2016, up from 62.45 lakh registered in January 2015.India is the ninth-largest civil aviation market in the world, with a market size of around $16 billion.The Indian market overtook both Australia and Japan during 2015 and is currently level with Russia at around 1.2 percent of global (revenue passenger kilometers, or RSKs), according to global industry body, the International Air Transport Association (IATA).SpiceJet, IndiGo, GoAir, Jet Airways, AirAsia, Air Costa, Vistara and state-owned Air India are the major players in the domestic aviation space. The airline industry has been a big beneficiary of falling aviation turbine fuel (ATF) prices as a result of tumbling crude oil prices globally.last_img read more

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Zambia cholera death toll rises to 61

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first_imgThe start of Zambia’s school year has been postponed and all public gatherings banned to contain a cholera outbreak that has killed 61 people, officials said Tuesday.Church services were cancelled on Sunday and a night-time curfew has been imposed to limit movement in Lusaka’s densely-populated slum district of Kanyama, one of the worst affected areas.Street vending has also been outlawed and nightclub hours reduced, while the army has been patrolling the streets for the last 10 days to ensure compliance with the tightening restrictions.”The country has recorded 114 new cases in the last 24 hours bringing the total to 2,672 since the disease broke out. The cumulative death toll is 61,” Health Minister Chitalu Chilufya told journalists Tuesday.The current outbreak began in late September.The school year was due to start on Monday and no date has been set for term to begin.Cholera is a water-borne diarrhoeal disease that can kill within hours if left untreated, but is easily cured with oral rehydration, intravenous fluids and antibiotics.Clean water and sanitation are critical to controlling transmission.President Edgar Lungu has said he was “deeply concerned” at the spread of the disease, blaming water from shallow wells, unsanitary conditions in residential and public areas and contaminated food.On 30 December, he ordered the military to assist efforts to control the disease.last_img read more

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