New CEO: Publishing Group of America poised for ‘explosive’ digital growth
Incoming chief exec is former Source Interlink digital SVP.
BY JASON FELL
Dick Porter is stepping down as CEO of newspaper magazine Publishing Group of America in order to “pursue other opportunities,” the company announced Wednesday. Succeeding him is John Cobb, a former senior vice president of digital at Source Interlink Media, where he oversaw more than 100 Web properties.
In a statement announcing the leadership change, Cobb says the Publishing Group of America is “committed to providing value to our newspaper partners and a high-quality medium for national advertisers to reach valuable local markets,” and says the company is poised for “explosive growth in the digital space.” When contacted by FOLIO:, a spokesperson said more details about the company’s digital strategy will come “at a future time.”
Through the first half, the Publishing Group of America says its magazines are up 37 percent in advertising pages over 2009, according to Publishers Information Bureau figures. The biggest ad page growth came from American Profile which reported a 32.5 percent increase during the six-month period. The company also publishes Relish (+26 percent in first-half ad pages) and Spry (+3.1 percent).