Forbes website CEO to resign from business

Source: Internet
Author: User
Keywords Forbes resigned entrepreneurship media current the matter

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Beijing Time July 16 news, according to foreign media reports, Forbes website (forbes.com) CEO Jim Spenfille (Jim spanfeller) is about to resign, Spanfeller I have confirmed the matter is true. The new CEO candidate for the Forbes website is unclear.

Jim Spenfille (Jim spanfeller)

Spanfeller said that after Forbes ' nine years in office – staying in the same place for nine years was his longest record – he decided to resign and set up a media management company to take care of its new start-up and slightly better business for traditional media companies. Spanfeller said his departure was not a surprise, but not a surprise to the Forbes family. Forbes will formally announce the resignation of Spanfeller in Thursday, and he will remain at least until the Labor Day (September first Monday) to assist in the handover.

"We've integrated the business, and it's no longer a network centric," Spanfeller said.

He said that when he first joined Forbes, the site had less than 500,000 independent visitors, with a loss of $ millions of. Now when he left, according to Omniture, a network monitoring agency, the number of independent visitors to the Forbes website amounted to 20 million, earning as much as $ millions of. He added that "the recession and long-standing media changes have involved most of the criteria for measuring success." ”

Spanfeller knows that rumours are about to come, including the claim that he was expelled from Forbes. He added, "I think there is a difference in the way everyone interprets this, but ultimately life is not about what other people say." ”

Forbes CEO Forbes sent a memo message on the issue:

Recipients: All Employees

Sender: Forbes

Date: July 16, 2009

After nine years as president and CEO of Forbes website, Jim Spenfille has decided to retire. Inspired by the entrepreneurial spirit Forbes has been advocating, Jim will create his own media management company.

Referring to plans for the future, Jim said: "Since 10, the media sector has undergone drastic changes, and the frequency of change in the future will only increase." Playing Rieforbs was a great experience and I was deeply involved in the process of breakthrough and transformation from traditional media to digital media. Now, I have a huge opportunity to create a media management company to help other traditional media use its vast resources to exploit the digital business, make the most of what I've learned in 10 years and apply it to a wider field. Running the Forbes site was an unusual experience, and I was blessed by the Forbes family to have a chance to experience it all. ”

Jim has made a huge contribution to the Forbes website, leading it to become a business website leader. Both global business leaders and people interested in good business reports and analysts ' views will be the Forbes website regulars. At present, the Forbes website's monthly independent user access volume has reached 18 million.

Under the management of Jim, Forbes Digital department has made great strides and remarkable growth. The Forbes Digital division includes Forbes.com, forbestraveler.com, realclearpolitics.com, realclearmarkets.com, Real Clear QSL, and Investment Encyclopedia Knowledge website ( investopedia.com), and the Forbes Business and Finance Blog network (Forbes Business and Finance blog receptacle), which total monthly independent user traffic totals 40 million.

Under Jim's leadership, the Forbes digital business has been a great success and its growth has been exemplary in the industry. The digital world's current rules are few and far between, and Jim's wisdom, creativity and business acumen helped Forbes ' website become the industry's first. The Forbes family is deeply grateful and wishes him a smooth future.

Elevation Partners, a private-equity fund, established a partnership with Forbes three years ago, and Jim worked closely with them on the growth, development and prospects of the Forbes website. Referring to Jim's departure, elevation co-founder Rogge Mack (Roger McNamee) said: "Jim has done a fantastic job leading the Forbes website." While rivals are afraid of the Internet, Jim has embraced and promoted the Internet, which has brought great benefits to Forbes and its readers. We are deeply grateful for his contribution over the past nine years. ”

During the handover, Jim will remain in office until the Labor Day. Please join me and the brothers in wishing Jim a smooth future. (Ben)

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