By: E&P Staff Former GateHouse Media Inc. Co-President and Co-COO Randy Cope was named president, CEO, and managing director of American Consolidated Media (ACM) Wednesday by the community newspaper publisher's Australian-based parent, Macquarie Media Group.
"Randy has approximately 20 years of operational and managerial experience in the U.S. community newspaper sector," Macquarie CEO Mark Downey said in announcing the appointment at the company's annual meeting in Sydney.
"Randy's appointment is another step in the process that began 18 months ago, when Macquarie and ACM sought to grow ACM into a more substantial business," Downey said. "Significantly, since then ACM has grown to the fifth-largest small-market community newspaper group in the U.S."
Dallas-based ACM was founded ten years ago by Jeremy Halbreich, who resigned as CEO this summer, a year after the chain was acquired by Macquarie. ACM publishes 104 dailies and non-dailies in 10 states.
Liam Stewart, who had been ACM's interim president and CEO, will resume his former role as Macquarie's asset manager with responsibility for ACM, Macquarie said.
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