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May 19, 2005
Peter Horan To Be Replaced
Posted by Stowe Boyd
Considering that he was one of the few folks that I thought "he gets it" at Syndicate, it seems dumb that the New York Times will be replacing Peter Horan at About.com:
[from MarketingVox:
NYT to Replace About.com CEO with Young Exec]
About.com will see CEO Peter Horan leave after a transition period, to be replaced by the New York Times's VP of strategic planning for its New England Media Group, Scott Meyer. Meyer, 35, previously worked on NYTimes.com, the flagship paper's online unit, until 2003. The New York Times bought About.com only a few months ago for $410 million, a price roughly 30 times its earnings.
Maybe I can get him involved at Corante. I like the multiple he got for About.com, that's for sure.
[tags: Peter Horan, About.com]
Comments (2)
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1. Staci Kramer on May 24, 2005 08:20 AM writes...
I don't think you can blame the Times for letting him ago. We reported last night that Peter Horan is the new CEO of AllBusiness.com. He stressed during an interview last week that leaving the Times was his idea so he could return to the West Coast.
http://www.paidcontent.org/pc/arch/2005_05_23.shtml#013919
Permalink to Comment2. Stowe Boyd on May 24, 2005 08:29 AM writes...
Thanks, Staci. Yeah, Hylton Jolliffe said the same thing to me yesterday. I just think the Times Should have done whatever possible -- if possible -- to keep him.
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