Executive Transitions Afoot at Reader's Digest

Share this content:
The Reader's Digest Association said yesterday that chairman/CEO Thomas O. Ryder will retire as chief executive effective Jan. 1 but will stay on as chairman through the end of 2006 to facilitate the transition.


Stepping into the president/CEO role Jan. 1 is Eric W. Schrier, who currently serves as global editor-in-chief and president of Reader's Digest North America.


Also Jan. 1, Reader's Digest International president Thomas D. Gardner will assume the newly created position of executive vice president, reporting to Schrier while continuing his present duties as well.


Ryder joined Reader's Digest in 1998, coming from an executive position at American Express. He led the company through many changes including the revamp of Reader's Digest magazine and the decline in business due to tough sweepstakes regulations in 2001; the acquisition of Reiman Publications in 2002; a restructuring beginning in 2003 and several product launches in 2005.


Kristen Bremner covers list news, insert media, privacy and fundraising for DM News and DMNews.com. To keep up with the latest developments in these areas, subscribe to our daily and weekly e-mail newsletters by visiting www.dmnews.com/newsletters


close

Next Article in Direct Mail

Sign up to our newsletters

Company of the Week

Since 1985, Melissa has helped thousands of companies clean, correct and complete contact data to better target and communicate with their customers. We offer a full spectrum of data quality solutions, including global address, phone, email, and name validation, identify verification - available for batch or real-time processes, in the Cloud or on-premise. Our service bureau provides dedupe, email/phone append and geographic/demographic append services for better targeting and insight. For direct mailers, Melissa offers easy-to-use address management/postal software, list hygiene services and 100s of specialty mailing lists - all with competitive pricing and excellent customer service.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above