News
RISI announces new CEO; company focus for 2007 is growth
BEDFORD, Mass., Dec. 1, 2006 (Press Release) - RISI, the leading information provider for the global forest products industry, today announced that John Day has been appointed as Chief Executive Officer effective January 1, 2007. He will replace Rod Young, who will continue working with RISI, both as Chairman of the Board and on a consulting basis.
Until his appointment, Day was Chief Financial Officer of CMP Media, the foremost technology and healthcare business-to-business media company, based in Manhasset, NY. Prior to that, he was CFO of CMP Asia in Hong Kong. As CFO he played a leading role in strategy development and implementation and was responsible for substantial support departments, as well as the finances of those businesses. Additionally, he was integral in acquiring well over a dozen businesses in Asia and in the US. Day was also formerly on RISI's Board of Directors.
"RISI continues to be the leading company in the industry, experiencing tremendous growth over the past several years. We're extremely well positioned to take advantage of the increasing demand for our products and services in the market. I look forward to leading the business into its next phase, focusing on continued expansion and profitability," said Day.
Young commented, "John Day is a great addition to RISI's management team. He has a proven track record of strong organizational leadership and brings with him a wealth of business experience. RISI will benefit from the shift in perspective at such a key point in its development."
About RISI
RISI is the leading information provider for the global forest products industry. They work with clients in the pulp and paper, wood products, timber, tissue and nonwovens industries to help them make better decisions. Headquartered in Bedford, Massachusetts, RISI operates offices in Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland, Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; and Charlottesville, Virginia. For more information, visit www.risiinfo.com.