Peter Hoyt named president and CEO of Stagnito Business Info., Edgell Communications and the Path to Purchase Institute
Kollin Stagnito, CEO of Stagnito Business Information + Edgell Communications, has stepped down to pursue other interests
Chicago, Illinois – July 13, 2016 — Eagle Holdings, Inc., Executive Chairman Alan Glass announced that the Board of Directors has elected Peter Hoyt as president and CEO of its recently acquired entities, Stagnito Business Information, Edgell Communications and the Path to Purchase Institute. Eagle Holdings is a portfolio company of RFE Investment Partners of New Canaan, Conn.
These combined organizations provide a comprehensive and fully integrated suite of digital and print media, events, data/information services, research services and professional training. They offer the largest engaged audience and community of influencers and decision makers, across functions and markets, encompassing the $750 billion retail/consumer packaged goods marketplace.
Hoyt will report to Mr. Glass and lead an executive team including:
- Korry Stagnito, Chief Brand Officer
- Ned Bardic, Chief Customer Officer
- Chris Stark, Chief Financial Officer
- Joel Hughes, Chief Digital Officer
- Greg Flores, Chief Human Resources Officer
Hoyt will also continue as executive director of the Path to Purchase Institute. Kollin Stagnito, CEO of Stagnito Business Information + Edgell Communications, has stepped down to pursue other interests.
“No one understands the retail/CPG marketplace better than Peter Hoyt,” said Glass. “He brings a unique mix of experience to this new venture. During his 33-year career, he has created a revolutionary business model around community building, digital entrepreneurship and face-to-face programming. He will continue to build out this model as the company develops new products and adds targeted acquisitions in order to fully serve our customers’ marketing needs.”
“Our combined organizations have a huge intellectual advantage in the realm of consumer goods and retail,” said Hoyt. “We are uniquely empowered to provide original, relevant, expertly curated content because we derive and develop our insights from the vast, deep and varied industry connections we have nurtured over decades. And we serve it up in every way that our highly engaged audience wants it.”
Hoyt laid the foundation for the Institute in 1988 with the launch of Shopper Marketing magazine (formerly P-O-P Times). Over the next 28 years, the Institute expanded by launching member-based online communities, the Path to Purchase Expo, the Shopper Marketing Summit, the StratConn meeting series, specialized councils and professional development initiatives, and many other events, publications, research and industry white papers.
Hoyt will lead a combined company of almost 200 employees that produces more than 20 publications/websites and more than 50 events representing leading brands including Progressive Grocer, Convenience Store News, Shopper Marketing, RIS News and Carbonview among many others. The company, headquartered in Chicago, also has offices in Jersey City, N.J., Randolph, N.J. and Toronto, Canada.