David J. Pecker
American publisher (born 1951)
David Jay Pecker (born September 24, 1951) is an American publishing executive and businessman who was the CEO of American Media until August 2020. He was the publisher of Men's Fitness, Muscle and Fitness, Flex, Fit Pregnancy, Shape, and Star.2
From Wikipedia’s article on David J. Pecker (this version), CC BY-SA 4.0.
Born Sep 24, 1951.1
About
He was also the publisher of National Enquirer, Sun, Weekly World News, and Globe.
In 2018, Pecker became embroiled in controversy regarding his involvement in a catch and kill operation under which his company would buy exclusive rights to stories that might embarrass his friend Donald Trump, the idea being to prevent those stories from becoming public during the latter's 2016 presidential campaign.
From Wikipedia’s article on David J. Pecker, shared under CC BY-SA 4.0.2
Companies
- American MediaChief executive officer12
Early life and education
- Date not recordedPace University3
David Jay Pecker was born on September 24, 1951, in the Bronx, New York City. He is of Jewish descent. His father was a bricklayer who died in 1967 when Pecker was 16. To support his mother, he started bookkeeping for local businesses in New Rochelle, New York and in the Bronx. He graduated from New Rochelle High School in 1969 and enrolled at Westchester Community College. After transferring to Pace University, he graduated in 1973.
From Wikipedia’s article on David J. Pecker (this version), CC BY-SA 4.0.
Career
Occupation: publisher.7
- 1999 to 2020Worked at American Media4 5
- Date not recordedChief executive, American Media6
After college, Pecker began his career as an accountant at Price Waterhouse and in 1979 joined the accounting department at CBS's magazine division, rising to vice president and comptroller. Eight years later, CBS sold its magazine division in a leveraged buyout to its manager, Peter Diamandis; Pecker stayed on in his position. Diamandis later sold the magazines to Hachette Filipacchi Médias. After Diamandis's departure three years later, Pecker was appointed CEO at Hachette Filipacchi Media U.S. In 1999, Pecker left Hachette when he raised capital from Thomas H. Lee Partners and Evercore Partners to buy American Media, Inc. (AMI), publisher of the Star, the Globe, the National Enquirer, and the Weekly World News.
During his time as chairman and chief executive officer of AMI Pecker was publisher of the magazines Men's Fitness, Muscle and Fitness, Flex, Fit Pregnancy, Shape and Star, as well as the supermarket tabloids National Enquirer, Star, Sun, Weekly World News, Globe. Sun and Weekly World News have ceased publication. In 2019, Pecker announced that he had agreed to drop more of AMI's tabloids and sell the National Enquirer, Globe and National Examiner to Hudson News.
Pecker is on the board of directors of iPayment Holdings, Inc., Sunbeam Products, Inc. and Next Generation Network, Inc. In August 2018, after his interactions with President Donald Trump were heavily reported, Pecker resigned as a director of Postmedia Network Canada Corp., a Canadian media company, a position he had held since October 2016.
In 2016, Pecker revealed to the Toronto Star that American Media Inc. now relied on support from Chatham Asset Management and its owner Anthony Melchiorre due to financial troubles. By the time Pecker agreed to sell the National Enquirer on April 10, 2019, Chatham Asset Management owned 80 percent of American Media Inc's stock. Melchiorre, who expressed dismay towards the National Enquirer's scandals involving assistance to Trump's 2016 Presidential campaign and blackmail of Jeff Bezos, was also instrumental in forcing Pecker and American Media Inc. to sell the National Enquirer as well.
AMI removed Pecker as CEO in August 2020, keeping him on in the role of executive advisor. Simultaneously, the company was renamed a360Media in anticipation of a merger with another Chatham property, the logistics firm Accelerate 360.
From Wikipedia’s article on David J. Pecker (this version), CC BY-SA 4.0.
Personal life
In 1987, Pecker married Karen Balan.
In April 2024, Pecker acknowledged that checkbook journalism was a part of his editorial philosophy, and that he also believed that “The only thing that is important is the cover of a magazine.”
From Wikipedia’s article on David J. Pecker (this version), CC BY-SA 4.0.
Links
Sources
The numbers on this page point here. Each one links to the record it came from.
- 1WikidataDavid J. Pecker on Wikidata
- 2WikipediaDavid J. Pecker on Wikipedia
- 3
- 4
- 5
- 6
- 7
- 8
- 9
- 10
- 11
- 12