News this week: Los Angeles, 13th December: According to Foliomag, United Business Media (UBM) will reportedly revise its initial plan to merge businesses acquired from Canon Communication with their existing EE Times Group. The restructuring will now result in the formation of two separate business units – the UBM Canon Group and UBM Electronics Group.
The most notable change in management comes in the departure of veteran executive Ron Wall from the company, who was to lead UBM Canon’s overall publishing group as senior vice president. Another Canon and UBM veteran, Steve Corrick, will take over as vice president and executive director of the UBM Canon Group.
Other structural changes will result in the electronics-focused products acquired by Canon earlier this year from Reed Business Information separated from other Canon businesses and merged with the EE Times group. This will collectively become the UBM Electronics Division. Also, publishing businesses from Canon Communications will become the Canon (Publishing) Division.
No comments:
Post a Comment