Pushed, Shoved Or Left Of His Own Accord Pollak Leaves ALM
We don't know the answer but in this climate we'd imagine it'd be mix of all three
Here's the press release....
http://aimgroup.com/world/2011/11/17/william-pollak-to-step-down-as-president-and-ceo-of-alm/
*NEW YORK (November 17, 2011)*-ALM, a leading provider of news and business information to the legal and real estate industries, today announced that William Pollak will step down as president and chief executive officer of the company early next year.
Pollak has served as ALM’s president, CEO and a member of ALM’s board of directors since the formation of the company in 1998. During his tenure, ALM has grown from a niche publisher of traditional legal newspapers and magazines, into a business information provider spanning print and digital media, book publishing, industry research data and live events.
“Over the past several years, we’ve made important strategic and organizational changes — as well as substantial investments in web technology and digital publishing infrastructure — in order to transform our company into a digitally focused enterprise that provides unique and highly value-added business information to its customers,” said Pollak. “With this transformation nearing completion and the organization now well-structured for the exciting next phase in ALM’s strong growth path, I felt this was a good time to step aside and make way for a new chief executive who can lead the company to even greater success.”
Pollak will remain at ALM to assist with the transition to new leadership.
“We’re grateful for Bill’s extraordinary leadership of ALM and for his tireless work in presiding over the growth of this organization the past 14 years,” said Charles Siegel, non-executive chairman of ALM. “As a result of his efforts, ALM is now well-positioned for its future as a leading provider of business information.”
Pollak joined ALM following a 16 year career with *The New York Times*. During his tenure at *The Times*, he held a variety of senior marketing, advertising and circulation positions, including Executive Vice President of Sales. He currently serves as chairman of the American Business Media (ABM) trade association and as chairman of the board of ProBono.Net, a non-profit organization that utilizes information technology to expand delivery of legal services to low-income individuals and communities by public interest and pro bono lawyers.
Pollak graduated cum laude from Harvard College and received his M.B.A. degree from Harvard Business School.
