Mike Federle Named President and COO of Forbes Media

A promotion.

Forbes Media has promoted Mike Federle from COO to president and COO. He served as COO since 2011.

Prior to joining Forbes, Federle served as publisher of Fortune group publisher of Time Inc.’s Business and Finance Network.

In related news, Mike Perlis has added executive chairman to his role as CEO of Forbes Media. Federle will report to Perlis.

“Mike Federle’s deep experience in media and related businesses, and his almost five years at Forbes, fully prepare him for this crucial role,” said Perlis, in a statement. ” I look forward to working with him and the team in the years to come, as I focus my energy on developing new global Forbes-branded business initiatives to further our strong growth trajectory in the near and long term.”