Rolling Stone has introduced that Gus Wenner will assume the position of government chairman, and Julian Holguin will change into the model’s CEO.
In keeping with the announcement, Wenner (pictured above, left) will collaborate with Holguin to make sure the model’s long-term strategic imaginative and prescient whereas pursuing new ventures exterior of Rolling Stone; Holguin (above, proper) will assume oversight of the enterprise.
“Rolling Stone is poised for continued success leveraging Gus’ deep expertise and imaginative and prescient for the model and Julian’s eager enterprise instincts and fervour for innovation,” stated Jay Penske, chairman and CEO, Penske Media Company. “Rolling Stone will proceed its wealthy legacy of world class journalism and culture-shaping dialog whereas creating new avenues for progress.”
Wenner led the sale of Rolling Stone to Penske Media Corporation in 2017 and served as president earlier than changing into the model’s CEO 4 years later. Underneath his management — which has seen Wenner taking the helm of the culture-shifting publication and enterprise from his father, Jann, who based it in 1967 — Rolling Stone has grown its viewers, constructed a sturdy dwell occasions enterprise, launched Rolling Stone Movies, constructed a digital subscription enterprise, and expanded the model’s world footprint whereas sustaining its legacy of journalism: Throughout Wenner’s tenure, Rolling Stone has received 7 Nationwide Journal Awards, its first ever Emmy Award, a George Polk Award, and its first ever Murrow Prize. (Selection and Rolling Stone are each owned and operated by Penske Media Company.)
“It has been an unbelievable journey main Rolling Stone,” Wenner stated. “There have been so many sensible contributors and collaborators who’ve helped rework it from {a magazine} right into a multimedia powerhouse, all whereas protecting its mission intact. I’m grateful to each single considered one of them. Constructing one thing exterior of Rolling Stone has been on my thoughts for a while, and though it has been a tough choice to make, the timing is true – the enterprise is as robust because it has ever been, and will probably be in nice palms. I sit up for persevering with to assist information the ship as Govt Chairman, whereas embarking on my subsequent chapter.”
Holguin spent 10 years at Billboard, most just lately as president, the place he oversaw world enterprise operations and helped lead the corporate via its 2014 merger with The Hollywood Reporter, the acquisition of Spin Media in 2016, its 2018 merger with Dick Clark Productions and its eventual sale to Penske Media Company in 2020. Holguin will report back to Penske.
“The legacy and enduring affect of Rolling Stone is simple, and having the chance to broaden the scope and attain of the model is the chance of a lifetime. I’m thrilled to affix forces with the complete Rolling Stone workforce to drive its continued evolution and growth into new and thrilling territory,” stated Holguin.
