center_img “As with all publishers, we always examining our portfolio—we are committed to being the premier provider of information for our markets,” he says. “We want to be really agnostic as to distribution methods and we want to make sure we provide the information to our readers and customers in whatever format they want. We will continue to do that throughout or portfolio, not just with property and casualty, but we want to make sure we listen to our readers and that we adapt and adjust accordingly to how they want to receive information.”
In January, Summit Business Media filed for Chapter 11 bankruptcy and repositioned itself by May after cutting more than $140 million in debt. In early October, Andy Goodenough, the company’s CEO and president, stepped down “to pursue other interests,” which made Flynn acting CEO and president in addition to CFO and COO.When asked if the closure was related to the bankruptcy, Flynn says the two are separate issues.“This was a business decision unrelated to anything related to a reorganization,” he says. “It was to better serve this market and our customers.”last_img

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