IDG Promotes Ted Bloom To CFO
BOSTON, MA – DECEMBER 16, 2002 – International Data Group (IDG), the world's leading technology media company, today announced the appointment of Ted Bloom to Chief Financial Officer (CFO). A veteran of IDG for the past 35 years, Bloom most recently served as vice president, corporate controller and treasurer. Responsible for the financial structure that supports the growth and development of IDG's US and global businesses, Bloom will continue to work closely with IDG's top executives in overseeing the financial operations of the company.
Bloom has held many roles at IDG since joining in November 1967. His IDG career began 35 years ago when, as a high school student, he began working part-time in the mailroom of IDC. He continued to work part-time as assistant to the VP of marketing throughout his four years at college. In 1973, he joined IDG full-time as credit manager in the finance department. Several years later he was promoted to assistant to the VP of finance. Rising through the ranks he later served as accounting manager, corporate controller and treasurer.
"The opportunity to continue to help grow and develop the company is a key factor in my decision to spend my career at IDG," said CFO Ted Bloom. "The single most important thing that has kept me at the company for 35 years is the people. I continue to have the pleasure of working with so many talented and exceptional people throughout the world."
Under his financial leadership, IDG developed and grew from a company operating out of a house in Newton, Massachusetts to a multi-billion dollar global technology media giant with more than 300 publications and websites and hundreds of events around the globe.
"Ted has been with IDG since 1967, — when Thomas Watson, Jr. was still Chairman and CEO of IBM, and minicomputers were as hot as PDAs and videogames are today, " said Pat Kenealy, CEO of IDG. "Ted has seen the computer business go through decades of up and down cycles, and has helped IDG to globalize along with the industry it serves. I'm thrilled to name a CFO who brings wisdom as well as technical finance skills, and one who –like all great finance people — brings leadership and empathy for people as well."
Bloom is on the board of Kobren Insight Funds, Medirges Inc., Temple Beth Elohim and the Wellesley Gentleman's Society. He is an alumnus of Boston University where he earned both a B.S. in business administration and an M.B.A., and he resides in Wellesley, Massachusetts.
Headquartered in Boston, International Data Group (IDG) informs more people about information technology than any other company in the world and is the leading global provider of IT media, research, conferences and events. IDG publishes more than 300 newspapers and magazines in 85 countries, led by the Computerworld, InfoWorld, Macworld, Network World, PC World, and CIO global product lines. IDG offers online users the largest network of technology-specific sites around the world through IDG.net (www.idg.net), which comprises more than 330 websites in 70 countries. IDG is also a leading producer of 168 computer-related events in 35 countries, and research arm International Data Corporation (IDC) provides computer industry research and analysis through 51 offices in 43 countries worldwide. Company information is available at www.idg.com.
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