Penske Media Finance Team Appoints Executives To New Roles, Hires Tax Lead - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
May 24, 2017 Newswires
Share
Share
Post
Email

Penske Media Finance Team Appoints Executives To New Roles, Hires Tax Lead

PR Newswire

LOS ANGELES, May 24, 2017 /PRNewswire/ -- Penske Media Corporation (PMC) today announced three significant appointments across the executive level of its finance team. The company elevated two finance executives to new roles: Ken DelAlcazar is now senior vice president of finance, and Young Ko is now the company's vice president of finance and controller. In addition, seasoned tax expert Julie Trinh joins the team as vice president of global tax. These appointments come as PMC scales its corporate infrastructure for its continually growing portfolio of iconic brands, which includes Variety, WWD, Footwear News, Deadline, Indiewire, TVLine, Hollywood Life, and, most recently, Robb Report.

Ken DelAlcazar, Young Ko, and Julie Trinh

"Both Ken and Young have played critical roles in scaling our business. They are both operationally oriented financial executives with the ability to produce quality financial information in a rapidly evolving environment," said PMC Chief Operating Officer George Grobar. "And we are thrilled to have Julie joining PMC, bringing to the team her deep international tax planning experience in both private companies and private equity."

DelAlcazar, who continues to report to Grobar, has been a PMC finance executive for the past six years as PMC's vice president of finance, leading all of the company's financial planning efforts and overseeing the integration of multiple acquisitions into PMC. Under his leadership, the finance team has grown fivefold and the business has expanded significantly in both revenue and profitability. DelAlcazar has also been instrumental in automating many of the key operational processes behind sales and billing, as well as the financial reporting process itself. 

"Being part of PMC's corporate team over these past six years of high growth has been a remarkable experience," DelAlcazar said. "Having been in a nearly constant scale mode while tailoring our finance and accounting approach to PMC's more than 20 brands and business units has given me a unique challenge and amazing opportunity to not only support PMC's results but also directly influence its operational success."

Ko, who reports to DelAlcazar, has served as PMC's controller since 2013, overseeing the company's day to day finance and accounting, treasury functions, and long-term strategic tax initiatives. He has led due diligence for the company's multiple acquisitions over the past four years and has also been a key driver in the integration of those companies. In addition to building the growing accounting organization, Ko has established the company's international subsidiaries and banking relationships, taken the lead with external audit and tax partners, and migrated the company onto a new general ledger system.

"PMC's finance work continues to evolve and present new and interesting challenges with the growth of the business," said Ko. "It's incredibly gratifying to implement new strategy and process that has a direct impact on our bottom line across our multiple business units."

In her new role, Trinh will ensure PMC continues to comply with global tax requirements and apprise PMC leadership of changing regulations affecting PMC and its investments. Trinh, who reports to Ko, comes to PMC with an extensive corporate and international tax background, particularly in the technology and software sector. 

"The energy and potential for the business are immediately palpable here," said Trinh. "The sky is the limit for PMC's growth potential; I'm honored and thrilled to be able to contribute to this company's exciting future."

DelAlcazar, Ko and Trinh are all based out of Penske Media's Los Angeles office.

About PMC

Penske Media Corporation (PMC) is a leading digital media and information services company whose award-winning content attracts a monthly audience of more than 180 million and empowers more than 1 million global CEOs and business thought-leaders in markets that impact the world. Our dynamic events, data services, and rich content entertain and educate today's fashion, retail, beauty, entertainment and lifestyle sectors. Headquartered in New York and Los Angeles with additional offices in 11 countries worldwide, Penske Media is the way global influencers are informed, connected, and inspired. To learn more about PMC and its iconic brands, visit www.pmc.com.

Penske Media Corporation logo

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/penske-media-finance-team-appoints-executives-to-new-roles-hires-tax-lead-300462994.html

SOURCE Penske Media Corporation

Older

eHealth Provides Health Insurance Advice for 2017 College Grads With Limited Health Insurance Options

Newer

N.J. Democrats and Republicans blast Trump plan for flood-insurance hikes

Advisor News

  • Benefit Costs Squeeze Schools, Driving Cuts, Tax Hikes And Difficult Tradeoffs
  • Why client insurance needs could change even if their life doesn’t
  • Most Gen Z investors think less than a year ahead when making financial decisions
  • IRI pitches retirement agenda to Jeffries as democrats shape affordability platform
  • Help child-free clients plan for their later years
More Advisor News

Annuity News

  • Guidance, bulletin or reg? NAIC debates form of annuity illustration update
  • Nationwide adds mutual fund-linked strategy to New Heights Select FIA
  • NUNN INTRODUCES BILL TO CUT RED TAPE, GIVE IOWANS CLEARER INSURANCE INFORMATION
  • NAIC working group pressed to accelerate annuity illustration overhaul
  • State Auditor James Brown Kicks Off Life Insurance Awareness Month With Policy Locator Tool
More Annuity News

Health/Employee Benefits News

  • How Lahn, Sand see future for Medicaid
  • Regulators claim limited power to control health insurance rate increases
  • Burcum: The fight for fertility coverage needs a governor in its corner
  • A cancer survivor hoped to work — then she lost her Medicaid disability coverage
  • How Iowa’s candidates for governor see the future of Medicaid
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • AM Best Revises Outlooks to Negative for Kemper Corporation, Its Affiliates and Subsidiaries
  • WARREN PROBES RISE OF PRIVATE INVESTMENT FIRMS IN INSURANCE SECTOR FOLLOWING MARK WALTER SCANDAL
  • AM Best Affirms Credit Ratings of Erie Insurance Group’s Members and Erie Family Life Insurance Company
  • MIB reports double-digit life insurance app activity in record August
  • 42% of consumers are confused and unconvinced by life insurance
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
  • MassMutual Ascend Surpasses $2 Billion in Lifetime Advisory Annuity Sales, Reflecting Continued Momentum in RIA Channel
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.