Future Plc has announced the appointment of Jon Steinberg as Chief Executive Officer, following a thorough search process. Jon will join the company at the beginning of April, succeeding Zillah Byng-Thorne, who announced her intention to stand down last September.
Jon is an experienced media executive, with a strong track record of innovation, scaling media groups and creating value. Most recently, he was President of Altice US’ News & Advertising Division, which encompasses News 12, i24NEWS, Cheddar News, and Altice’s a4 Advertising unit. Jon joined Altice through the sale of Cheddar News, a digital-first innovative news company, which he founded in 2016.
Prior to Cheddar, he was the Chief Executive Officer of DailyMail.com North America, having joined from BuzzFeed where he was President & Chief Operating Officer. Jon’s early career included working at Google, where he was a Strategic Partner Development Manager, as well as the consultancy Booz Allen Hamilton.
“I am delighted to announce the appointment of Jon following a comprehensive search process,” said Richard Huntingford, Future Chair. “Jon has highly valuable expertise and has developed a fantastic track record, combining entrepreneurialism with leadership at some of the very best digital and media organisations operating at scale.”
“On behalf of the Board and all of Future I would like to thank Zillah for the exceptional role she has played for almost a decade. Through her leadership, Future has transformed beyond recognition, from a loss-making magazine publisher into a leading digital media platform of 250 brands reaching 1 in 3 adults online in the US and UK, and delivering market-leading returns for our investors in the process.”
Steinberg added: “I am delighted to be joining Future. It is a business that I’ve followed closely and long admired for the way it has redefined the media playbook, marrying the best of editorial and technology. I look forward to working with the Board and the leadership team to build on the success achieved under Zillah’s tenure.”
You can read the announcement in full here.