Forbes Media announces promotion of Mike Federle to president and COO

In his new position, reporting to Perlis, Federle will be responsible for running Forbes’ existing media business, as well as its intersection with any new businesses that the company launches. He will have oversight of the content creation, editorial, product development, sales, marketing and corporate functions.

“These changes at the top of our management team will allow us to maximise our time and attention to continue to grow our media business as well as create new global expansion opportunities for the company,” said Perlis. “Mike Federle’s deep experience in media and related businesses, and his almost five years at Forbes, fully prepare him for this crucial role.  I look forward to working with him and the team in the years to come, as I focus my energy on developing new global Forbes-branded business initiatives to further our strong growth trajectory in the near and long term.”

Mike Federle ()

Above: Mike Federle

“It’s been great to be part of a winning team here at Forbes, and I’m honoured to be given the opportunity to lead such an innovative and dedicated group through an ever-changing and thus challenging media environment,” said Federle. “We look forward to continuing our leadership in bringing innovative approaches and products to market for our readers and advertisers.”

Read the full statement here.

Forbes Media is a member of FIPP.

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