Jack Griffin has joined DeSilva + Phillips as senior advisor. Mr. Griffin was most recently chief executive officer of Tribune Publishing where he oversaw the spin-off of the second largest U.S. newspaper business into a stand-alone, publicly traded company in August 2014.
Tribune Publishing, with $1.7 billion in revenues, owns many iconic brands, including the Los Angeles Times, Chicago Tribune, The Baltimore Sun, and the Hartford Courant. It also has more than 120 digital platforms which attracted more than 51 million unique visitors during the month of December 2015.
While leading Tribune Publishing, Mr. Griffin executed a number of acquisitions and brought in several major investors to recapitalize the company for growth.
DeSilva + Phillips provides M&A advisory services for digital and traditional media, advertising, marketing services, information services, education and healthcare. Since 1996, when the firm was founded, over 280 M&A deals have been completed. Clients have included Microsoft, Conde Nast, Gannett, Elsevier, TPG, ABRY Partners, The New York Times, JP Morgan Partners, and Wasserstein & Co.
Reed Phillips, Managing Partner of DeSilva + Phillips said, “Jack has run the largest U.S. magazine publisher, second-largest U.S. newspaper publisher and the largest circulation magazine in the U.S. and did all of this while innovating and extending these businesses into digital and marketing services. We’re excited to have him join us and believe his impressive record of building media businesses will greatly benefit our clients.”
Mr. Griffin has held a number of senior executive positions in the media industry, including CEO of Time Inc., President of Meredith Corporation’s National Media Group and President and Publisher of Parade when it was owned by Conde Nast Publications. He has also worked as an advisor to the media industry when he was Senior Advisor to AlixPartners and CEO of Empirical Media Advisors, the management consulting firm he co-founded in 2011.