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UBM appoints Robert Gray as CEO of PR Newswire

UBM announced that Robert Gray has been appointed CEO of PR Newswire effective 1 August 2015 succeeding Ninan Chacko, who has decided that it is time for him to pursue other opportunities. Bob will step down as CFO and as a Director of UBM. He will remain a member of the UBM Executive Committee.

Since joining PR Newswire in 2009, Ninan Chacko has led the organisation to global leadership in the news distribution industry, building on PR Newswire’s leading distribution network, international presence, and its strength in multimedia news releases, say the company.

Tim Cobbold, Chief Executive of UBM, said: “I would like to thank Ninan for his leadership of PR Newswire – he has done a great job of positioning the business for the future and we wish him well in his next endeavours. We are very pleased that Bob has accepted the CEO position which will provide for a seamless transition. As CFO of UBM, he has deep knowledge of the PR Newswire business and its people, and has been involved in the creation of its strategy. We are very pleased to be retaining his expertise and knowledge whilst satisfying his desire to return to the US.”

Bob Gray commented: “I am excited to be joining PR Newswire. It’s a great business – a global leader in PR, IR and Marketing communications, connecting over 30,000 customers to their target audiences through a large distribution network. I’m especially happy to be joining its outstanding management team, and I look forward to leading PR Newswire as it continues to execute on its strategy.”