Rolling stones Gus Wenner was appointed executive chairman and Julian Holguin became CEO, said Thursday.

Wenner will work with Holguin to secure the brand’s long-term strategic vision while engaging in new businesses. Rolling stones. Holguin will supervise the business.

Winner - the son of Jann Wenner, who co-founded Rolling stones 1967-2017 sold the brand to Penske Media Corporation (PMC is also the parent company Hollywood Reporter.After the sale, Wenner served as president for four years and served as CEO in early 2022.

Under his leadership, Rolling stones An increasing number of audiences have established live events businesses, launched Rolling Stone Movies, established digital subscription businesses and expanded their global footprint. During this period, Rolling stones Win seven National Magazine Awards, its first Emmy Award, the George Polk Award and the first Mouro Award.

“It’s an incredible leadership journey Rolling stonesWinner said. “There are a lot of great contributors and collaborators who have transformed from magazines to multimedia powerhouses while keeping their mission intact. I’m grateful to each of them. Build something outside of it. Rolling stones I've been thinking about a time, and although it was a tough decision, the timing was right - the business has been strong and it will be in a great hands. I look forward to continuing to help the ship as executive chairman while embarking on the next chapter. ”

Jay Penske, chairman and CEO of PMC, added:Rolling stones It is expected to continue to succeed, leveraging Gus’ deep experience and vision for the brand, as well as Julian’s keen business instincts and passion for innovation. Rolling stones Its rich heritage in world-class news and culture will continue to shape dialogue while creating new avenues of growth. ”

Holguin is Billboardanother PMC brand, recently president, who is responsible for global business operations. He leads Billboard By merger with 2014 Hollywood Reporterthe acquisition of Spin Media in 2016, the merger with Dick Clark Productions in 2018 and the ultimate sale to PMC in 2020. Holguin will report to Penske.

“Legend and lasting impact” Rolling stones It is undeniable that having the opportunity to expand the scope and reach of a brand is a lifetime opportunity. ” Rolling stones The team continues to grow and expand into new exciting areas. ”