Mr. Friedenberg led the successful transformation of IDG Communications to a modern media, data and services company. Under his leadership, the company moved from a radically decentralized company to a global powerhouse, launching demand generation and marketing services platforms, an innovative editorial strategy, a global brand relaunch, new go-to-market structure, and worldwide events and product launches.
Brett Liu, Director China Oceanwide and President IDG said, "We are excited to have Ram lead IDG Communications. His 9 years at IDG have been highlighted by strong strategic and operational excellence. Ram's unique experience leading IDG Global Services, an umbrella group that comprises IDG Global Solutions, IDG Strategic Marketing Services, International Licensing and the U.S. Corporate Sales team make him well suited to take IDG Communications to the next level of growth. With over 27 years of industry experience, Ram has held senior leadership positions at CMP Media, VNU Business Media and Incisive Media before re-joining IDG in October 2010."
Mr. Ramanathan said, "I am honored by today's announcement. I was fortunate to have worked with Michael for many years as he led the company through the unexpected passing of our Founder Pat McGovern and transformed the company to become the world's largest technology media, data and marketing services company. I'm excited to work with our customers, employees, China Oceanwide, and the IDG Board of Directors to drive the next phase of IDG's growth."
"The timing was right for me to step down from this position, given IDG's overall health, strong leadership team and a desire to be closer to my family," Mr. Friedenberg said. "IDG has a very bright future ahead thanks to the talent, passion, and commitment to excellence of our employees around the world, coupled with the incredible leadership and financial resources that China Oceanwide offers."
Mr. Liu added "The Board is confident that our strong management team, together with Ram and all of IDG's employees will continue our legacy of deep customer relationships and helping our global audience make the smartest technology purchasing decisions. As IDG's founder Pat McGovern often said, I am confident that for IDG 'the best is yet to come'."