Press Release: Active Interest Media Hires New CFO Michael Henry
Boulder, CO (January 9, 2017) – Active Interest Media (aimmedia.com) announced today that Michael Henry has joined the company as Chief Financial Officer.
Henry has 20 years of experience in media finance. Prior to joining AIM, Henry served as SVP of Finance and CFO at the Denver Post for over four years, during which time he doubled the company’s EBITDA, reduced operating expenses substantially, and improved company cash flow through subleasing activities. He has years of experience working with private equity, and along with his strong finance skills, he has a proven track record in strategic planning and executing strategies that meet the demands of today’s challenging media world.
“We are thrilled to have Michael join the leadership team of AIM at this exciting time. His breadth of experience in managing traditional and emerging media forms is tailor-made to help us achieve our next phase of growth,” said Andy Clurman, AIM CEO.
“I am very excited to be joining AIM and working directly with Andy and the leadership team. My background and skillset will aid in the continued growth and strategic direction of the company,” said Henry.
Prior to the Denver Post, Henry spent 16 years at Freedom Communications, ultimately serving as CFO for the Orange County Register. As General Manager and CFO, Henry oversaw 900 employees, improved circulation revenue and digital ad revenue, and grew non-traditional revenue streams.
Henry will replace Brian Sellstrom, AIM’s current CFO, who is retiring after ten years with the company.
About Active Interest Media, Inc.
One of the world’s largest enthusiast media companies, Active Interest Media (aimmedia.com) produces leading consumer and trade events, websites, magazines, films and TV shows that reach 36 million readers, fans, and attendees in 85 countries. AIM produces the world’s largest boat shows, led by the annual Ft. Lauderdale International Boat Show, as well as the World Series of Team Roping, the second-richest equestrian competition in the world. Our brands include Yoga Journal, Backpacker, SKI, Skiing, Vegetarian Times, Anglers Journal, Yachts International, Sail, Power & Motoryacht, Black Belt, American Cowboy, Spin to Win Rodeo, Practical Horseman, Dressage Today, Oxygen, Clean Eating, Log Home Living, Old House Journal, Cabin Living, Woodsmith, Garden Gate, and more. The company’s six divisions—the Equine Network, Home Group, Healthy Living Group, Marine Group, Outdoor Group, and Creative Home Group—also operate thriving B2B platforms, online universities, and retail events. Core competencies include lead generation (through our Qualified Buyer Program), marketing services (through our in-house agency, Catapult Creative Labs), and video production; Warren Miller Entertainment is the most successful adventure-film company in history, IDEAFit is the world’s leading organization of fitness and wellness professionals, and AIM Studios is a seven-person unit dedicated to digital video. Active Interest Media’s customers are smart, engaged, and loyal, and they look to our brands for trustworthy information and services that will inspire and enable them to enjoy their passions.
AIM was founded in 2003 by Wind Point Partners, a private equity investment firm that partners with top caliber CEOs to acquire middle market businesses where they can establish a clear path to value creation. Since its founding in 1984, Wind Point has raised over $3 billion in commitments and invested in more than 100 platform companies and 250 add-on acquisitions. Additional information about Wind Point is available at www.windpointpartners.com.