BOSTON, July 8 --
- Mike Coffey Confirmed as RISI’s Chief Executive Officer
RISI, the leading information provider for the global forest products industry,
today announced that it has been fully acquired by United Business Media (UBM).
UBM previously owned 52% of RISI. As a result of this transaction, RISI is now
effectively owned and controlled 100% by UBM.
(Logo: http://www.newscom.com/cgi-bin/prnh/20080521/NEW122LOGO )
RISI provides market data, pricing, news, forecasts, analysis and benchmarking
services on the global forest product industry. The company is also the leading
provider of marketing services in the sector through its events, magazines and
These online and printed products and services are essential to the strategic
planning and workflow of businesses operating throughout the forest product
industry, as well as the industry’s suppliers and customers. RISI’s
headquarters are based in Bedford, Mass. with principal satellite offices in
Brussels, San Francisco, Atlanta, Sao Paulo, and Shanghai.
UBM also formally confirms the appointment of Mike Coffey as RISI’s Chief
Executive Officer. Mike joined RISI as Chief Information Officer in April 2007
and has more recently served as the business’s Chief Operating Officer.
Mike brings an unwavering customer focus to RISI and a commitment to expanding
RISI’s portfolio to ensure it has the highest quality content, data, and
marketing services products in the forest products sector. Mike succeeds John
Day who was appointed to the post of Chief Executive Officer of UBM Global Trade
in May 2009.
Mike Coffey, Chief Executive Officer of RISI said, I’m thrilled about the
UBM investment in RISI. UBM is a high quality organization that is committed to
RISI and the forest products space through us. UBM has additional resources to
add to our already healthy business and the ability to help foster our
development in key content areas and ensure that we are evolving at a pace our
RISI is the leading information provider for the global forest products
industry. The company works with clients in the pulp and paper, wood products,
tissue, timber, non-wovens, printing and publishing industries to help them make
Headquartered in Boston (Bedford), Massachusetts, RISI operates offices in
Brussels, Belgium; Atlanta, Georgia; San Francisco, California; Portland,
Oregon; Sao Paulo, Brazil; Shanghai, China; Singapore; Helsinki, Finland; and
Charlottesville, Virginia. More information can be found at www.risi.com
UBM focuses on two principal activities: worldwide information distribution,
targeting and monitoring; and, the development and monetization of B2B
communities and markets. UBM’s businesses inform markets and serve
professional commercial communities -- from doctors to game developers, from
journalists to jewellery traders, from farmers to pharmacists -- with integrated
events, online, print and business information products. Our 6,500 staff in more
than 30 countries are organized into specialist teams that serve these
communities, bringing buyers and sellers together, helping them to do business
and their markets to work effectively and efficiently.
For more information, go to www.ubm.com
For inquiries on this release, please e-mail email@example.com
Jen Rahall of RISI, +1-781-734-8949, firstname.lastname@example.org; Logo: