Suzanne Siracuse, the CEO and publisher of InvestmentNews, announced her resignation, effective Aug. 16.
Ms. Siracuse helped launch InvestmentNews, the leading source of news, analysis and information to the financial advisory community, in 1997 and has presided over the market-leading brand for more than 13 years.
The move comes one year after London-based Bonhill Group plc. acquired InvestmentNews from Crain Communications Inc. for $27.1 million.
During her tenure, Ms. Siracuse transformed InvestmentNews into the No. 1 media brand in the financial advice market, with more than 150,000 weekly print readers and the largest adviser digital audience. InvestmentNews.com garners an average of 545,000 unique visitors each month.
Ms. Siracuse also expanded the brand's media assets to include the former Moss Adams benchmarking research studies, a custom research and content strategy and development team, and a wide portfolio of events. She also spearheaded many important initiatives at InvestmentNews, including Diversity & Inclusion, NextGen, Icons & Innovators, Women to Watch and Women Advisers Summit franchises.
Ms. Siracuse, who is well-known by top financial advisers and executives at the companies that serve them, said she's ready for a change, and that her move coincides with the one-year anniversary of InvestmentNews' transition to Bonhill.
"Over the years, I've fallen in love with the financial advice profession and the many people, firms and services that we cover and serve," she said. "I plan to explore what my next step will be in the coming months within the industry and want to do that free of obligations."
She added, "There are many exciting things happening right now at InvestmentNews. But now it is time for me to turn the reins over to someone new, someone who will lead this brand into a new chapter."
Details on her successor are expected to be released shortly.
Simon Stilwell, CEO of Bonhill Group, acknowledged Ms. Siracuse's contributions to InvestmentNews and to the U.S. financial advice profession.
"Suzanne has been instrumental in developing the brand and has personally led many key initiatives and client relationships," he said. "She's made an enormous impact on the U.S. financial adviser and wealth management space."
"She will be greatly missed here," he added.