NEW YORK: The NewsMarket has appointed a new CEO. James Lonergan will succeed the company's cofounder, Shoba Purushothaman, as president and CEO of the video distribution and marketing company, effective immediately.
Purushothaman will take on the role of chairman, working full time while focusing on corporate development. Lonergan will continue with the company's growth and expansion plans.
"After nine exciting years of leading the company, I am thrilled to hand over the running of the business to someone of Jim's caliber,” ...