PRN appoints Ninan Chacko new CEO

NEW YORK: PR Newswire (PRN) has appointed Ninan Chacko its new CEO. He will take the post in late March following the planned retirement of current CEO Charles Gregson.

NEW YORK: PR Newswire (PRN) has appointed Ninan Chacko its new CEO. He will take the post in late March following the planned retirement of current CEO Charles Gregson.

Gregson and Chacko will work closely between now and then in the interest of a “smooth transition,” according to a company release.

“This is a unique opportunity for me, in the next six to seven weeks, to get down into the business, learn it, and understand it,” Chacko told PRWeek.

Chacko will report to David Levin, CEO of United Business Media, PRN's parent company. Most recently, Chacko was chief commercial officer of Worldspan, an international travel information and technology company. He also spent 13 years with Sabre Holdings, and led the development, launch, and operation of the company's hotel merchant business while serving as SVP.

While he said it's too soon for details, Chacko identified two areas that will be of interest to him when he assumes the CEO position: Continuing to grow MultiVu's multimedia news release (MNR) offerings is a “primary areas that we'll continue to expand,” and continuing the company's global trajectory will be of importance.

“In a world that is clearly interconnected, the ability to reach your customer, not just in North America and Western Europe, but wherever your products have resonance, is critical,” he added.

Gregson has worked at UBM for more than 35 years, and spent the last four as CEO. He will return to the UK and work at the parent company for the remainder of the year.

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