Daniel P. Amado to senior VP, a new post at Brown Shoe Co., St. Louis, in charge of the newly formed New Brands division. Mr. Amado formerly was president of Nine West & Co.'s Selby division. At Brown, he will be in charge of restaging the Naturalsport brand, expanding the Nightlife line, and creating new lines for women's and juniors.
Laura McEwen was named publisher of Gruner & Jahr USA's YM magazine. She moves from Rodale's New Woman, where she was publisher since 1997. Ms. McEwen will be based in New York and succeeds Kristine Schreiber, who left the company. Before New Woman, Ms. McEwen also served as VP-publisher at The New York Times Co. Magazine Group's Snow Country and Associate Publisher of Hearst's Harper's Bazaar.
Alternative newspaper The Village Voice, New York, and six other weeklies owned by Stern Publishing were sold to a group of investors nearly four months after owner Leonard Stern put the papers up for sale in September. The new owners include David Schneiderman, the current president of Stern; affiliates of Weis, Peck & Greer, a money management company, and Trimaran Fund II, a private equity fund associated with the Canadian Imperial Bank of Commerce. Sales figures were undisclosed, but The New York Times estimated the price somewhere between $150 million to $160 million. Robert Broadwater, managing director of Veronis, Suhler & Associates, which handled the sale for Stern, declined comment. The seven Stern titles, along with Tennessee weekly The Nashville Scene, will become part of a new company named Village Voice Media. VVM expects annual revenues of about $90 million and a combined circulation of 900,000. Mr. Schneiderman will assume the role of CEO. Closing is planned for February.
Copyright January 2000, Crain Communications Inc.