CEO of American Banker parent to step down
Doug Manoni will soon step down as CEO of SourceMedia, the parent of American Banker and The Bond Buyer, and transition to executive chairman, reports Greg Dool of Folio.
Dool reports, “The second CEO in the company’s 14-year history, Manoni has held the role since 2010, when he was promoted from EVP and managing director.
“Reps for SourceMedia were unable to provide details—other than confirming Manoni’s plan to step down and that the company is in the process of identifying a successor—but Connectiv’s Matt Kinsman reports that Manoni informed staffers, ‘I’ve decided that it’s time to move to a new challenge, and in the process move closer to my family in the Boston area.’
“Manoni arrived at SourceMedia in 2008 — just four years after its spinoff from Thomson Financial — as executive VP and managing director of American Banker and Cards & Payments before ascending to the CEO role two years later.”
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