Forbes Promotes Operating Officer Federle to President

Folio: Mike Federle, who has served as Forbes Media’s COO since joining the company five years ago, can now add the role of president to his title. Forbes announced that in addition to retaining his duties as COO, Federle will become president of the 99-year-old magazine brand, succeeding Mike Perlis, who will keep his position as CEO and also become executive chairman.