On Thursday, Rolling Stone revealed that CEO Gus Wenner will transition to the role of executive chairman, while Julian Holguin, who previously served as the president of Billboard, will take over as the publication’s new head.
Holguin will take over for Wenner, who was
elevated to CEO of the magazine in 2022
On Thursday, his father, Jann Wenner, founded the magazine in 1967 and guided it for over five decades.
“Rolling Stone is poised for continued success leveraging Gus’ deep experience and vision for the brand and Julian’s keen business instincts and passion for innovation,” Penske Media Corporation CEO Jay Penske said in a statement. “Rolling Stone will continue its rich legacy of world class journalism and culture-shaping conversation while creating new avenues for growth.”
Rolling Stone is one of many media properties within the Penske portfolio, which also includes outlets like Variety, The Hollywood Reporter, and Billboard.
Variety
was the initial source to break the story.
Holguin was with Billboard for ten years, beginning in 2012 when he took on the role of director of brand partnerships. He later climbed the ranks to become the president from 2020 through 2022. After departing Billboard, Holguin assumed the position of CEO at Doodles, an NFT firm that characterizes itself on LinkedIn as “a cutting-edge art and entertainment studio revolutionizing media creation, release, and proprietorship.”
Doodles raised $54 million
In a round spearheaded by Reddit co-founder Alexis Ohanian in September 2022.
“Rolling Stone’s lasting influence is clear, and being able to extend the brand’s influence and visibility represents an incredible career moment,” Holguin stated to Variety. “I am excited to collaborate with the whole Rolling Stone crew to propel its ongoing development and growth into fresh and thrilling areas.”
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Rolling Stone Appoints Julian Holguin as New CEO; Gus Wenner Transitions to Executive Chairman
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