Gus Wenner Appointed Executive Chairman of Rolling Stone; Julian Holguin Takes on CEO Role

Rolling Stone announced on Thursday that Gus Wenner has been appointed as the executive chairman, while Julian Holguin steps in as CEO.

Strategic Collaboration for Future Growth

Wenner will work closely with Holguin to shape the brand’s long-term strategic vision and explore new opportunities beyond Rolling Stone. Holguin will take charge of the overall business operations.

A Legacy of Leadership

Gus Wenner, the son of co-founder Jann Wenner, played a pivotal role in the brand’s sale to Penske Media Corporation in 2017, which also owns The Hollywood Reporter. After the acquisition, Wenner served as president for four years before becoming CEO in early 2022.

Achievements Under Wenner’s Leadership

Under his guidance, Rolling Stone has significantly expanded its audience, enhanced its live events business, launched Rolling Stone Films, developed a digital subscription model, and broadened its global presence. During this period, the magazine has garnered seven National Magazine Awards, its first Emmy Award, a George Polk Award, and its inaugural Murrow Prize.

Wenner’s Reflections on His Journey

“Leading Rolling Stone has been an incredible journey,” Wenner expressed. “I am thankful for the many talented contributors and collaborators who have helped transform it from a magazine into a multimedia powerhouse while staying true to its mission. Although it was a tough decision, I believe the timing is right to pursue new ventures outside of Rolling Stone. The business is stronger than ever, and I am excited to continue guiding it as executive chairman while embarking on my next chapter.”

Looking Ahead: A Vision for Success

Jay Penske, chairman and CEO of PMC, added, “Rolling Stone is well-positioned for ongoing success, leveraging Gus’ extensive experience and vision alongside Julian’s sharp business acumen and innovative spirit. The brand will continue its rich legacy of world-class journalism and cultural influence while exploring new growth avenues.”

Holguin’s Impressive Background

Holguin brings a decade of experience from Billboard, another PMC brand, where he most recently served as president overseeing global operations. He played a key role in Billboard’s significant mergers and acquisitions, including its 2014 merger with The Hollywood Reporter and its sale to PMC in 2020. Holguin will report directly to Penske.

Excitement for the Future

“The legacy and lasting impact of Rolling Stone are undeniable, and I am thrilled to have the opportunity to expand the brand’s scope and reach,” Holguin stated. “I look forward to collaborating with the entire Rolling Stone team to drive its evolution and explore new and exciting territories.”

Persons

Gus Wenner, Julian Holguin, Jann Wenner, Jay Penske

Company Names

Rolling Stone, Penske Media Corporation, Billboard, The Hollywood Reporter, Spin Media, Dick Clark Productions

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