A senior executive at Guggenheim Partners, one of the owners of The Hollywood Reporter, AdWeek and Billboard magazines, is the new chief executive officer of Prometheus Global Media.
Dottie Mattison succeeds Richard Beckman, who left as ceo last week after a protracted period of disagreement with Prometheus’ owners, Guggenheim and Jimmy Finkelstein’s Pluribus Capital.
WWD first reported Beckman’s departure last week. Mattison did not respond to requests for comment then or Monday. Her appointment is effective immediately. Beckman’s last day was last week, sources said.
“I have worked closely with Dottie over the last year and cannot imagine a better ceo for Prometheus,” Finkelstein said in a prepared statement.
At Guggenheim, Mattison, who joined as senior managing director two years ago, was responsible for managing the firm’s stake in Prometheus. Guggenheim and Pluribus bought a stable of trade magazines from Nielsen Business Media in 2009 for $70 million and combined them into Prometheus.