Niche information services provider United Business Media Limited
has announced the reorganisation its CMP Information division (CMPi) into four market-focused businesses. As a result of this reorganisation the position of CEO of CMPi will become redundant and Gary Hughes, CMPi's Chief Executive, will leave the business.
This strategic reorganisation follows the model established by UBM's successful reorganisation of CMP Technology, its US-based technology media company, into four businesses in early 2008 with each business focusing on a different set of technology industry professional communities. The four new businesses - International Media, Live Media, Built Environment and Conferences - will share support functions and infrastructure, including finance and IT services and sales management. These central functions will be managed by Shane Naughton, currently CMPi's Chief Financial Officer.
The International Media business will be led by Simon Foster. It operates market-leading global tradeshows including CPhI, Informex (speciality chemicals), Food Ingredients, HBA (health&beauty industry), Sea Trade (cruise industry) and complementary media products. Its events take place across the world, including in China, North America, Brazil, Africa and Europe. Pro forma revenues for 2007 were approximately £40m.
The Live Media business will be led by Jane Risby-Rose. The business includes market-leading events and magazines such as The Furniture Show, Interiors, IFSEC (fire, safety and security products), Internet World, the Customer Management business as well as the travel and other portfolios.
The Built Environment business will be led by Jonathan Newby. The Built Environment portfolio includes magazines and events for the UK construction and architecture communities, including Building, Building Design and Property Week magazines, and Barbour ABI, the leading provider of construction industry intelligence data and workflow products.
The Conferences business will be led by Ruth Carter. The Conferences business was established in 2007 and is now producing its first events around the world, operating across the businesses noted above, working closely with the CEOs, their Publishers and Event Directors to provide a conference component to complement the existing product portfolios.