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Zelnick Bound for Reed Eisner Board
Conglom Taps Exec to Top Directors
Variety 04.1.05
Jill Goldsmith
Anglo-Dutch conglomconglom Reed Elsevier named former top entertainment exec and
entrepreneur Strauss Zelnick to its board of directors on Thursday.
Zelnick, the former chief exec of BMG Entertainment and president of 20th
Century Fox, will join the 14-member board, upon shareholder approval, at Reed
Elsevier's annual general meetings in late April. He is replacing outgoing
director John Brock, CEO of brewing giant InterbrewAmBev.
Reed Elsevier is the parent company of Daily Variety.
Zelnick, 47, is the founder and chairman of 4-year-old GothamGotham-based
Zelnick Media, a diversified company with interests in publishing, direct
marketing, online retailing, music, sports and entertainment market research.
"Reed Elsevier is a worldwide company with extraordinary assets. I'm looking
forward to adding whatever I can to the board," Zelnick told Daily Variety.
Zelnick also serves on the board of Carver Bancorp. "With his extensive
knowledge of the media industry, Strauss will bring an unparalleled breadth of
experience, particularly from a U.S. perspective. We are delighted to welcome
Strauss to Reed Elsevier," said Reed Elsevier chairman Morris Tabaksblat.
Reed Elsevier operates globally in a wide range of legal, educational,
scientific, medical and business services and publications. Assets include
LexisNexis and Harcourt Education. The conglom's U.S. arm, Reed Business
Information, contributes 60% of total revenue.
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