TULSA, Oklahoma – PennWell Corp., a diversified global business-to-business media and marketing services company, has announced the retirement of Robert F. “Bob” Biolchini as president and CEO and the election of Mark C. Wilmoth to succeed Biolchini as president and CEO.
Biolchini has been PennWell’s president and CEO since April 1, 2000, and Wilmoth has served as its senior vice president, Finance and CFO for the past 11 years.
PennWell also elected Biolchini as chairman of its board of directors, and he will remain on the company’s executive committee, as announced by outgoing Chairman Frank T. Lauinger, who becomes vice-chairman.
Based in Tulsa since its inception in 1910, PennWell is a privately held company in the fifth generation of continuous family ownership. The company has more than 600 employees across offices worldwide, with 343 at its headquarters in Tulsa.
Today, PennWell has more than 320 profit centers, including 150 print and online magazines and newsletters. Its publications include Offshore magazine, which celebrated its 60th anniversary in 2014.