AMERICAS - George Little Management’s (GLM) new owner has announced the departure of presidents Alan E. Steel and Jeff Little and appointment of Charles G. McCurdy as CEO.
UK-based Daily Mail and General Trust (DMGT) sold GLM to private equity firm Providence Equity Partners for US$173m in August. McCurdy was initially appointed CEO of GLM Holdings, created by Providence following the acquisition, and will now be responsible for GLM at an operational level.
He will be supported by former Education Dynamics chief financial officer Doug Smith, who has been appointed GLM’s chief financial officer and chief administrative officer across both the holding company and operationally.
The management restructure also sees the departure of GLM co-presidents Alan E. Steel and Jeff Little, plus senior vice-president Jack Withiam, following a transitional period.
“GLM is well-positioned in the trade show industry,” said McCurdy. “Our strategy of creating both face-to-face and online, buying, selling and networking platforms for our customers will create opportunities for expanded growth.
“With the acquisition of GLM by Providence Equity the company is now positioned to begin its next chapter, which will continue to build and evolve on GLM’s long history of facilitating buyers and sellers in the specialty retail space.”
McCurdy also praised Steel, Little and Withiam for their efforts in building up the business.
“Over the years they have had the foresight to make the right strategic choices to allow the company to grow and prosper and continue to provide superior solutions to our customers,” he said.
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