Information-technology (IT) media company TechTarget today announced the appointment of Leonard P. Forman to its board of directors. Mr. Forman is the former executive vice president and chief financial officer of The New York Times Company.
Mr. Forman became executive vice president at The New York Times Company in 2004 and chief financial officer in 2002. Previously, he had been president and chief executive officer of The New York Times Company Magazine Group from 1998 to 2001. From 1996 to 1998, he was senior vice president of corporate development, new ventures and electronic businesses.
During his tenure at The New York Times Company Mr. Forman was responsible for the management of all corporate financial functions, overseeing investor relations and participating in the analysis of acquisition and divestiture candidates and the capital expenditure program. Additionally, he was responsible for the management of information technology and corporate communications activities.
Prior to joining The New York Times Company, Mr. Forman spent ten years working in television, online services, print media and advertising. From 1995 to 1996, he served as president and chief executive officer of a Nynex/Newsday joint venture. Mr. Forman was chief operating officer of the Newspaper Association of America (NAA) from 1992 to 1994, and from 1989 to 1992. He was also president and chief executive officer of the Newspaper Advertising Bureau, which merged with the NAA in 1992.
From 1986 to 1989, Mr. Forman served as senior vice president of operations at Telemundo, Inc., a Spanish language television company. He was responsible for broadcast and network operations and affiliate relations. Previously, he was director of corporate planning and chief economist at The New York Times Company from 1974 to 1986. He was a research economist at the Federal Reserve Bank of New York from 1973 to 1974.
Mr. Forman also served as an adjunct professor of economics at Yale University Graduate School of Management and an assistant professor of economics at Fordham University Graduate School of Business. He earned a B.A. degree in economics from Queens College, City University of New York in 1967 and completed his Ph.D. dissertation in economics at New York University in 1975.
TechTarget is a leading provider of specialized online content that brings together buyers and sellers of corporate IT products. We sell customized marketing programs that enable IT vendors to reach corporate IT decision makers who are actively researching specific IT purchases. We operate a network of 35 websites, each of which focuses on a specific IT sector, such as storage, security or networking. IT professionals rely on our websites for key decision support information tailored to their specific areas of responsibility. We complement our online offerings with targeted in-person events and three specialized IT magazines that enable advertisers to engage buyers throughout their decision-making process for IT purchases. As IT professionals have become increasingly specialized, they have come to rely on our sector specific websites for purchasing decision-support. Our content enables IT professionals to navigate the complex and rapidly changing IT landscape where purchasing decisions can have significant financial and operational consequences. Since our founding in 1999, we have developed a broad customer base that now comprises more than 1,000 active advertisers who placed business with us in 2006, including Cisco, Dell, EMC, Hewlett Packard, IBM, Intel, Microsoft, Oracle, Research in Motion, SAP and Symantec. More information about TechTarget is available at www.techtarget.com.