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Penske Media Elevates Craig Perreault to President of Media and Corporate Development

George Grobar moves into a part-time advisory role on the board following a 16-year executive tenure.

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Overview

  • Craig Perreault now oversees all revenue and corporate development initiatives across PMC’s 26 brands, reporting directly to chairman and CEO Jay Penske.
  • George Grobar will assume a part-time advisory and board position after 16 years in executive roles including CFO, COO and president.
  • PMC’s leadership reorganization is designed to leverage deep institutional knowledge for future growth and strategic partnerships.
  • Perreault’s promotion caps a 21-year tenure marked by leadership in business development, digital strategy, and licensing operations.
  • Jay Penske commended both executives for their pivotal contributions and affirmed their continued collaboration under the new structure.