ImpreMedia Announces Appointment of John Paton to Chairman and Chief Executive Officer
New York, N.Y. (August 24, 2005) – ImpreMedia, LLC announced today the appointment of John Paton to the position of Chairman and Chief Executive Officer. "We are delighted to welcome John in his new role with ImpreMedia,” said Stephen P. Rader, Managing General Partner of Clarity Partners LP - ImpreMedia’s largest investor and a member of the board. “We know John will continue his track record of achievement at ImpreMedia and with his team lead our company to even greater success,” Rader said.
Mr. Paton was most recently President and Chief Operating Officer, as well as a board member, of ImpreMedia. He has been instrumental in the creation of ImpreMedia and building the company into the premier Spanish-language newspaper company in the U.S. Paton is a seasoned media executive with almost 30 years of experience including operations, acquisitions and new product launches. He has a well developed reputation as a turn around artist who builds effective management teams, drives award winning journalism and achieves superior financial results.
"ImpreMedia is the most exciting newspaper company in the country and I am grateful to the board for this opportunity,” said Paton. “I am looking forward to working with ImpreMedia’s hugely talented team of executives to build what will surely be a very bright future for our company.”
Earlier today, the board of ImpreMedia accepted the resignation of Mr. Douglas Knight from the positions of Chairman and Chief Executive Officer effective August 31. The board thanked Mr. Knight, who was involved in the creation of the company, for his efforts.
Mr. Paton is a graduate of Ryerson University’s journalism program and has successfully completed the Finance for Senior Executives program at the Harvard University Graduate School of Business Administration.
Mr. Paton’s appointment is effective August 31st.
About ImpreMedia
ImpreMedia is the leading publisher of Spanish language newspapers in the U.S. The company publishes El Diario La Prensa in New York, La Opinión in Los Angeles and La Raza in Chicago, the number one Spanish language newspapers in the top three Hispanic markets in the country.
Contact:
Mary Zerafa, Director of Corporate Marketing
(213) 896-3600
