PR Newswire Appoints Ninan Chacko Chief Executive Officer



    Charles Gregson announces planned retirement at end of 2009; will remain
at PR Newswire to transition role through end of March
    

    
    NEW YORK, Feb. 4 /PRNewswire/ -- Experienced leader in the distribution
and technology industry, Ninan Chacko, is set to take the helm at PR Newswire
with the planned retirement of Chief Executive Officer Charles Gregson, the
company announced today.
    

    (Photo:  http://www.newscom.com/cgi-bin/prnh/20090204/NY66595 )
    (Logo:  http://www.newscom.com/cgi-bin/prnh/20000306/PRNLOGO )

    
    To view the Multimedia News Release, go to: 
http://www.prnewswire.com/mnr/prnewswire/36921/
    


    
    Chacko, 44, who has spent two decades in numerous leadership positions
within the travel and transportation industry focusing on travel distribution,
transaction processing, and technology services, will assume full
responsibility for the chief executive role by the end of March, spending time
until then working closely with Charles Gregson to ensure a smooth transition.
    

    
    Chacko will report directly to David Levin, Chief Executive Officer of
United Business Media, PR Newswire's parent company.  Of Chacko's appointment,
Levin said, "Ninan is a proven, entrepreneurial business leader who brings to
PR Newswire his terrific strategic, commercial and operational understanding
of businesses that are all about data distribution and workflow information
products.  Ninan's wide experience of businesses that take advantage of and
develop data technology infrastructure will stand PR Newswire in good stead as
it continues its strategy around the distribution, targeting and monitoring of
information worldwide.  Ninan will also contribute to UBM more widely as we
continue to enhance the technology and data mix within our wider business
portfolio."
    

    
    Chacko has significant experience in highly customer-focused global
information distribution businesses, most recently as Chief Commercial Officer
of Worldspan, the worldwide travel information, e-commerce and technology
service provider to travel agencies, travel service providers and
corporations.  As Chief Commercial Officer, Chacko was responsible for sales,
marketing, customer operations, service and support activities for traditional
and online travel agencies, travel suppliers and corporate customers in over
60 countries.  Chacko was a founding member of the buyout consortium
management team that acquired Worldspan in 2003 from Delta Air Lines, North
West Airlines and American Airlines, and served in the role of Chief
Commercial Officer until its $1.4 billion sale to Travelport in 2007.
    

    
    Prior to Worldspan, Chacko spent more than 13 years with Sabre Holdings,
a leading supplier of distribution and technology solutions to the travel
industry and Sabre's former owner, AMR Corp.  As Senior Vice President, Chacko
led the development, launch and operation of the company's hotel merchant
business in the travel agency channel.  Prior to that, he served in a variety
of leadership roles at Sabre, including Senior Vice President of Marketing for
Sabre Travel Network, and Senior Vice President of Global Services.  Mr.
Chacko began his career with System One Corporation before joining American
Airlines' Decision Technologies group in 1990.
    

    
    "I am incredibly honored to have this opportunity to join the PR Newswire
team and to continue Charles Gregson's efforts and build on his success," said
Chacko.  "I am excited by PR Newswire's potential to transform the industry
and shape the future of how organizations connect and engage with their
audiences.  I look forward to working toward this goal with my 1000+
colleagues worldwide who make PR Newswire the success it is today."
    

    
    A native of Malaysia, Chacko was educated in Asia, Europe and the United
States, earning a Bachelor's and Master's degree in Aerospace Engineering at
the University of Kansas.  He also graduated from Harvard Business School's
Advanced Management Program.
    

    
    Levin concluded, "I would also like to pay tribute to Charles Gregson's
role as PR Newswire's Chief Executive Officer over the last four years and to
his remarkable achievements over his 35 years at UBM.  Charles has made a huge
contribution to this company in all his roles. I look forward to working with
him through the remainder of the year as he supports Ninan in taking on the
new role and also works with me personally and UBM more broadly."
    

    
    Gregson plans to return to the UK in the spring where he will continue to
focus on PR Newswire's international business through June, at which time he
will work with David Levin in a broader role for UBM Group for the remainder
of the year.
    


    About PR Newswire
    
    PR Newswire Association LLC (http://www.prnewswire.com/) provides
electronic distribution, targeting, measurement and broadcast services on
behalf of tens of thousands of corporate, government, association, labor,
non-profit, and other customers worldwide. Using PR Newswire, these
organizations are able to reach a variety of critical audiences including the
news media, the investment community, government decision-makers, and the
general public with their up-to-the-minute messages in text and multimedia
format.
    

    
    Established in 1954, PR Newswire has offices in 14 countries and
routinely sends its customers' announcements to outlets in more than 170
countries and in more than 40 languages. Utilizing the latest in
communications technology, PR Newswire content is considered a mainstay among
news reporters, investors and individuals who seek breaking announcements from
the source. PR Newswire's leading services include ProfNet(SM), eWatch(TM),
MEDIAtlas(TM), Search Engine Optimization, MediaRoom, MediaSense(TM),
MultiVu(TM), U.S. Newswire, the preeminent policy newswire in the industry,
Vintage Filings, the fastest growing Edgar filing company, and Hispanic PR
Wire, LatinClips and Hispanic Digital Network, the foremost Hispanic
communications services. PR Newswire is a subsidiary of United Business Media
Limited, a leading global business media company that serves professional
commercial communities around the world. For more information, go to
www.unitedbusinessmedia.com.
    


    About United Business Media Limited
    
    UBM focuses on two principal activities: worldwide information
distribution, targeting and monitoring; and, the development and monetisation
of B2B communities and markets.  UBM's businesses inform markets and serve
professional commercial communities - from doctors to game developers, from
journalists to jewellery traders, from farmers to pharmacists - with
integrated events, online, print and business information products.  Our 6,500
staff in more than 30 countries are organised into specialist teams that serve
these communities, bringing buyers and sellers together, helping them to do
business and their markets to work effectively and efficiently.
    

    For more information, go to www.unitedbusinessmedia.com


    Contact:
    Rachel Meranus
    Vice President, Public Relations
    PR Newswire
    +1.201.360.6776
    rachel.meranus@prnewswire.com
    

    
    Peter Bancroft
    Director of Communications
    United Business Media
    +44 20 7921 5961
    communications@ubm.com





    




For further information:

For further information: Rachel Meranus, Vice President, Public
Relations of PR Newswire, +1-201-360-6776, rachel.meranus@prnewswire.com; or
Peter Bancroft, Director of Communications of United Business Media, +44 20
7921 5961, communications@ubm.com Web Site: http://www.prnewswire.com

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PR NEWSWIRE ASSOCIATION LLC

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