FOR IMMEDIATE RELEASE: January 28, 2009
FOR MORE INFORMATION: Janine Bavoso, Director of Human Resources
SECAUCUS, N.J. – Media veteran Tom Kemp has been appointed CEO and Chairman of Northstar Travel Media, parent of B2B brands Travel Weekly, Meetings & Conventions and TravelAge West. He replaces George Hundley, who will continue as chairman of ProfessionalTravelGuide.com, a consumer travel website affiliated with Northstar. “NTM has all the qualities of a successful media company,” Kemp said. “It has the leading competitive brands in their served markets, the highest quality proprietary content, strong attachment and respect of its readers and information users, great long-standing relationships with its customers and a high quality team in all professional functions.” Kemp brings deep experience as a senior operating executive and private equity investor in business-to-business media and information. Kemp joins Northstar from Oakstreet Media, an investment firm formed by Kemp last year to seek acquisitions and investments in the business-to-business media industry. www.oakstreetmedia.com. Kemp was Chairman & CEO of Penton Media from 1996 to 2004 and worked for more than 20 years at Miller Freeman, Inc., leaving the company in 1996 as its President and COO. From 2004-2008, he was a Managing Director at Veronis Suhler Stevenson, a leading private equity firm focused on the media and communications industry. While at VSS, Kemp was active in the fund’s investments in Schofield Media, Red 7 Media, and Access Intelligence.
Northstar Travel Media is a portfolio company of Boston Ventures.
About Northstar Travel Media, L.LC
Based in Secaucus, N.J., Northstar Travel Media is a worldwide provider of information, news and data for the travel and hospitality industry. Its portfolio of periodicals and destination information services includes Travel Weekly, Travel Weekly’sHotel and Travel Index Worldwide, BTP24, M&C’s Official Meeting Facilities Guide, Intelliguide Corporate, STAR Service Online, Weissmann Reports, TravelAge West, Meetings and Conventions and T&E.
About Boston Ventures
Boston Ventures is one of the oldest and most experienced media and communications focused private equity firms in North America. Since its founding in 1983, the firm has invested nearly $2.5 billion in over 70 companies, actively targeting investments in the media, information and publishing, entertainment, and communications industries.