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NEW YORK, JUNE 1, 2001—American Management
Association (AMA) today named Edward T. Reilly as its new President and
Chief Executive Officer. Reilly will lead the $250 million not-for-profit
organization as it seeks to meet the growing global demand for educational
services. Last year, AMA conducted over 12,000 seminars and served more
than 700,000 business professionals from more than 50 countries. AMAØs
training resources were utilized by 488 of the Fortune 500 companies.
“The American Management Association has trained
millions of managers to lead, inspire and grow their companies,”
said Edward T. Reilly, President and Chief Executive Officer, American
Management Association. “Technology is changing the economics and
the practices of business education. It offers us a wonderful opportunity
to improve the effectiveness of our efforts and broaden the populations
who are exposed to our programs. As the global workforce becomes more
diverse and the needs of corporations change, AMA has the unique opportunity
to educate new managers to meet the challenges of tomorrow.”
“AMA is one of the leading management development
organizations in the world, and through innovative advances in e-learning,
as well as our more traditional seminars, conferences, books and self-study
courses, we will broaden AMA's reach and focus on training professionals
in markets worldwide,” said Reilly.
William K. Slate II, Chairman of the Board of Trustees
of American Management Association commented, “We are very pleased
AMA will be led by an executive who understands the way technology can
transform education and is well respected in the marketing and educational
publishing industries. Ed has the right combination of management ability
and depth of experience to guide AMA into the future. We are confident
his leadership will significantly strengthen our ability to be a critical
force in the way professionals are trained around the world.”
Prior to joining AMA, Reilly served as President and
Chief Executive Officer of Big Flower Holdings, Inc. (now Vertis, Inc.),
a leading provider of integrated marketing and advertising services. Under
ReillyØs four-year leadership, revenues at Big Flower Holdings increased
from approximately $1 billion to nearly $1.9 billion.
Before joining Big Flower Holdings, Reilly spent nearly
30 years with the Broadcast and Book Publishing groups of The McGraw-Hill
Companies, a leading publishing and communications company. Among his
many positions, Reilly served as the Executive Vice President of McGraw-Hill
International Book Company and served as President of McGraw-Hill Broadcasting
from 1987 to 1996.
During his distinguished career in the television industry,
Reilly served as the Chairman of the Television Bureau of Advertising
and as a member of the Board of Directors of the National Association
of Broadcasters. He also served as Chairman of the Association for Maximum
Service Television (MSTV), a trade association of more than 300 leading
television stations, which has been at the forefront of the effort to
facilitate the industry's transition to digital broadcasting. Reilly is
a Director of Benedek Broadcasting Corporation, which owns 23 network
affiliated television stations throughout the U.S., and a Director of
iVillage, Inc., the leading Internet portal specializing in women’s
issues. He has also been a board member of the Advertising Council for
eight years and is its incoming chairman.
Reilly holds a BBA in Marketing and Finance from St.
Francis College and attended the Stanford Executive Program. He is a member
of the Board of the National Council of La Raza, a premier Hispanic civil
rights group in the U.S., and is a Trustee of Lynchburg College in Virginia
.
About AMA
American Management Association is the world’s leading
membership-based management development organization. It is distinguished
by the quality of its faculty of global business practitioners, the practical
action-oriented focus of its learning programs and the dynamic, interactive
nature of its courses. AMA offers a full range of business education and
management development programs for individuals and organizations in the
Americas, Asia, and Europe. More than 700,000 AMA customers and members
a year, including 488 out of the Fortune 500 companies and many federal
agencies, learn superior business skills and best management practices
through a variety of seminars, conferences and executive forums, e-learning
and self-study courses, books, research studies, and onsite and customized
learning solutions.
For additional information please consult AMA’s
Web site at www.amanet.org.
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