Archive · 25 Jul 2025
Craig Perreault Named President at PMC; Grobar Moves to Advisory
Imagine a big company called PMC that owns many magazines and websites.
The person in charge of making money and planning new things, Craig Perreault, is getting a promotion to be the President of Media and Corporate Development.
The current president, George Grobar, is moving to a part-time role advising the CEO.
Craig will now be responsible for helping the company make money with its many brands.
George will stay on the board and keep helping out, too.
It's like a change in the leadership team at a big media company!
Craig Perreault has been promoted to President of Media & Corporate Development at PMC.
George Grobar, previously President, will transition to an advisory role for the CEO.
Perreault will oversee revenue initiatives and strategic development across PMC's media brands.
Grobar will continue to serve on PMC's board of directors and support the company part-time.
Penske Media Corporation owns media brands including Variety, Rolling Stone, and The Hollywood Reporter.
- Who
- Craig Perreault and George Grobar, executives at Penske Media Corporation (PMC).
- What
- Craig Perreault was promoted to President of Media & Corporate Development, while George Grobar transitions to an advisory role at PMC.
- When
- Announced Friday.
- Where
- At PMC (Penske Media Corporation).
- Why
- To allow for a change in leadership and strategic direction within PMC.
New Role
Shift in Leadership
Roles
New Role
Perreault's position allows for focusing on revenue.
Shift in Leadership
Grobar transitions to focus on supporting the CEO.
- New President
- Craig Perreault
- Former President
- George Grobar
- Grobar's New Role
- CEO Advisor and Board Member
- Perreault's Responsibility
- Oversee revenue initiatives
- PMC Brands
- Variety, Rolling Stone, The Hollywood Reporter, etc.
- Penske's Role
- Chairman and CEO