Scott Schulman Named New President of Rodale Inc.
Rodale Inc., the world's leading healthy lifestyle company, today announced that Scott Schulman, who led several business units within Dow Jones & Company for more than a decade, has been named the new president of Rodale. Schulman will report to Chairman & CEO Maria Rodale and begin his new role on October 28th.
As president, Schulman will be responsible for developing strategy and revenue growth for the company's multi-platform portfolio of world-class brands, which includes Men's Health, Women's Health, Prevention, Runner's World, Organic Gardening, and Bicycling, as well as Rodale Books, Digital, Events, International, and e-tail site Rodale's.
"Rodale has an inspiring mission, compelling content, an impressive customer base, and multiple distribution platforms," said Schulman, who most recently served as president of the Corporate Markets Group at Dow Jones. "I'm thrilled to partner with Maria and the entire Rodale family, as well as its immensely talented brand leaders, to build upon the company's legacy and its unprecedented success of the past year."
Schulman spent more than 13 years at Dow Jones, joining the global business information leader in 1999 as VP of strategic planning and development. He became president of its consumer electronic publishing unit and publisher of WSJ.com in 2000, where he helped lead a turnaround to profitability through the introduction of several new revenue streams and expansion of the online subscription model for The Wall Street Journal, which was considered a significant breakthrough in the news enterprise industry. After several years as SVP, sales and marketing, for the global Wall Street Journal franchise, he became chief strategy officer and, later, president of financial information services before taking over the corporate markets group in 2010.
"Scott is the right president at the right time for our company," said Maria Rodale, who will continue in her role as an active CEO focusing on broader strategic initiatives and company growth and vision. "He not only understands the business of digital content, but also is comfortable and adept at making the bold moves necessary to significantly drive revenue and profitability. He has a proven track record of managing and growing a broad array of content brands, but just as important, he believes in our mission to inspire and enable people to improve their lives and the world around them."
Schulman joins Rodale in the midst of one of its most successful years in the company's 83-year history. Rodale magazine brands have generated the best print advertising revenue performance ever this year, expecting to post YOY gains of +13% in ad pages and +23% in ad revenue through November. Collectively, Rodale ad pages were up +12% for the first half of the year. In addition to the print success, the company also saw notable increases across Books, International, Events, and Digital divisionsdigital audience has reached a record high of almost 32MM unique visitors and digital ad revenue is at a record high of +19% across brands (Q3). Rodale Inc. now reaches a worldwide readership of 75 million. (Sources: PIB, Coremetrics January-August 2013, internal numbers for digital ad spending, GFK/MRI, and publisher's estimates)