November 18, 2011
Pollak Stepping Down as President and CEO of ALM
When the licensing and content co-generation agreements between ALM and Lexis were announced, many folks began speculating that Lexis would acquire ALM eventually. Will the recent announcement that Bill Pollak is stepping down as ALM's President and CEO early next year fuel more speculation? Don't know but no replacement for Pollak has be announced yet. Also note that ALM's Senior Vice President & Chief Technology Officer, Jeffrey Whittle, once served as Senior Vice President/Global Product Development and Global Product Officer at LexisNexis.
From the Nov. 17, 2011 announcement:
“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.”
Hat tip to Greg Lambert's tweet. [JH]