NEW YORK– After 14 years as Chief Executive Officer of Haymarket Media, Inc., Lee Maniscalco will be stepping away from that role within the next year and taking on a new set of responsibilities with the company.
He will remain CEO through the end of June 2025 and will then stay on as a corporate non-executive Board member and strategic advisor. Haymarket has retained an executive recruitment firm to conduct a search for his replacement.
Maniscalco, who joined Haymarket in 2001 to head up a fledgling medical publication business, has led the organization through an era of significant growth and transformation. Over the past two and a half decades, annual revenues for the New York City-based operation have grown from $15 million to $130 million. A company that had 30 employees at the turn of the 21st century has 430 today.
“It has been a privilege and an honor to have an opportunity to lead this company, and I am grateful to all of you for helping to make Haymarket Media what it is today,” Maniscalco said in an email to employees, followed by a Town Hall meeting. “Together we have built a dynamic, ambitious and highly successful business with a welcoming, energizing culture that values imaginative thinking and collaborative work.”
Haymarket Media, Inc. is home to more than 30 leading brands in health care, medical education, business marketing & communications, and elder care, including Haymarket Medical Education, Medical Professionals Reference (MPR), Medical Marketing and Media (MM+M), PRWeek and McKnight’s Long-Term Care News.
Kevin Costello, Global Chief Executive at Haymarket Media Group, said: “I want to thank Lee for his incredible 25 years with Haymarket, 14 of them as CEO of our US operations, leaving a profound legacy. Under his leadership, Haymarket Media has transformed into a remarkable, hugely reputable business, trusted and valued by our clients, audiences and partners, who love our content for its specialized information and expert insight.”
Lord Michael Heseltine, who founded Haymarket in the UK in 1957, added, “Lee will have his name in lights when the history of Haymarket is written. He has been central to the creation of what is virtually half the company. He has brought experience, energy, vision and a sense of quality to the task. I am so glad he will remain associated with the company built on the foundations he laid.”
Maniscalco cited a number of milestones in Haymarket’s progress:
- Establishing a strong foothold in professional education and promotion with the launch of Haymarket Medical Education, myCME and PRI Healthcare Solutions
- Building an expansive online presence with the Advisor family of websites, now numbering 25 titles across major medical specialties
- Developing the Haymarket Medical Network, reaching more than 2 million healthcare professionals
- Bringing McKnight’s, MM+M and the National Association for Continuing Education (NACE) into the Haymarket family.
“We have embraced the digital revolution and built a robust, web-savvy, multi-platform technological capability,” Maniscalco noted. “We introduced Haylo, a platform to put the power of data to work across the organization. And we expanded our traditional publication businesses with industry-leading live and virtual events, conferences and awards programs. Along the way, we’ve consistently won national awards for editorial and design excellence.”
“Many of you joined me early on, having faith and confidence in a pioneering venture. Regardless of how long you have been with us, each and every one of you has contributed significantly to our success. The journey would not have been possible without a total team effort,” Maniscalco said.
Costello added, “I am deeply grateful to Lee for his achievements and dedication to our business and to have had the pleasure of working with him for all these years. His contributions have set the course for continued success, and I am pleased to say it’s not goodbye as I look forward to his ongoing influence and expertise.”
Maniscalco expressed his gratitude to the founders and leaders of the global parent company. “We have a strong organization dedicated to an equally strong set of values,” Maniscalco said. “I am proud of our accomplishments and ready for a new chapter. Haymarket is robust and healthy and poised to continue on its impressive growth trajectory.”
Maniscalco’s career also includes 17 years with Thomson Medical Economics, primarily in executive positions.
