Penske Media Names COO

Los Angeles-based Penske Media Corporation, which owns such media brands as Variety, WWD, Deadline, Indiewire, and other online and offline publications, says it has named George Grobar as its new Chief Operating Officer. Grobar was previously Executive Vice President of the company, and has been at the company since 2009, and before that, spent 13 years at The Walt Disney Company. He also previously served at Unisys Corporation. Penske Media--which is led by Jay Penske--says it is in midst of aggressive expansion plans, and is continuing to grow its businesses.