--Russell Brown Tapped as New SVP, Consumer Products
Licensing
--Charlie Tiersch Named VP, Business Development with
Colleen Nowers as AVP, Business Development
--Claudio Goldbarg to Serve as SVP, Publishing and
Digital Media Operations
New York, January 3, 2012 - Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) has appointed three new business development executives as well as a finance and operations executive for its publishing and digital unit. The new hires bring experience from leading brands and media companies, including NBCUniversal, Marvel Entertainment, Iconix Brand Group and DreamWorks SKG. The appointments are effective immediately.
Russell Brown, named SVP, Consumer Products Licensing, will be responsible for developing and negotiating new merchandising opportunities for all MSLO brands. He has previously worked for prominent brand licensing companies such as Marvel Entertainment, Inc. and Iconix Brand Group, Inc. In addition, the company tapped Charlie Tiersch as VP, Business Development and Colleen Nowers as AVP, Business Development; both Mr. Tiersch and Ms. Nowers join MSLO from NBCUniversal. Mr. Tiersch is tasked with expanding MSLO's presence in the digital space and seeking international growth opportunities, while Ms. Nowers will focus on forging new affiliations for the Company's portfolio of media properties and brands.
The company also named Claudio Goldbarg SVP, Publishing and Digital Media Operations. In this position, he will oversee all financial operations for MSLO's Publishing business, including budgets, forecasting and reporting, as well as identifying areas of incremental revenue potential and new business opportunities. Mr. Goldbarg has held financial positions at various media companies, including DreamWorks SKG.
MSLO President and Chief Operating Officer Lisa Gersh stated: "We are pleased to be expanding our team with these new hires as we seek to further extend the breadth and reach of our family of brands and create new growth opportunities for our business."
About Martha Stewart Living Omnimedia, Inc.
Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) is a
diversified media and merchandising company, inspiring and
engaging consumers with unique lifestyle content and
distinctive products. The Publishing segment encompasses the
company's print and digital businesses and is comprised of
four magazines, including MSLO's flagship publication, Martha
Stewart Living, periodic special issues, books, websites,
digital apps, blogs, and more. The Broadcasting segment
produces the Emmy-winning, daily television series, "The
Martha Stewart Show," and other original programming on
Hallmark Channel, including "Mad Hungry with Lucinda Scala
Quinn." Broadcasting also encompasses Martha Stewart Living
Radio on SIRIUS XM Channel 110. In addition to its media
properties, MSLO offers high-quality Martha Stewart products
through licensing agreements with carefully selected
companies, including the Martha Stewart Collection
exclusively at Macy's, the Martha Stewart Living line of
home-improvement products at The Home Depot, Martha Stewart
Crafts with EK Success at Michaels, Jo-Ann Fabric, and
independent retailers, Martha Stewart Pets at PetSmart, and
the forthcoming Martha Stewart Home Office with Avery at
Staples. In December 2011, the Company entered into a
strategic alliance with J.C. Penney Company, Inc., which
includes a merchandising agreement to build distinct Martha
Stewart stores in jcpenney department stores, and to jointly
develop an e-commerce site, both of which are expected to
launch in 2013. In 2008, Emeril Lagasse joined the Martha
Stewart family of brands; MSLO acquired the assets related to
Lagasse's media and merchandising business, including
television programming, cookbooks, and emerils.com website
and his licensed kitchen and food products. For additional
information about MSLO, visit .
SOURCE Martha Stewart Living Omnimedia, Inc.
CONTACTS:
Jeanne Meyer
Martha Stewart Living Omnimedia, Inc. Corporate
Communications
1-212-827-8246
jmeyer@marthastewart.com
Katherine Nash
Martha Stewart Living Omnimedia, Inc.
1-212-827-8722
knash@marthastewart.com
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