Peter Hoyt Named CEO of Stagnito+Edgell, Path to Purchase Institute
Peter Hoyt has been named president and CEO of Eagle Holdings Inc.'s recently acquired entities, Stagnito Business Information, Edgell Communications and the Path to Purchase Institute.
These combined organizations recently acquired by Eagle Holdings, a portfolio company of New Canaan, Conn.-based RFE Investment Partners, provide a comprehensive and fully integrated suite of digital and print media, events, data/information services, research services and professional training that serve the largest audience and community of influencers and decision-makers across all functions and markets encompassing the $750 billion retail/consumer packaged goods marketplace.
Hoyt – who will report to Eagle Holdings Executive Chairman Alan Glass and continue as executive director of the Path to Purchase Institute – will lead a combined company of almost 200 employees that produces more than 20 publications/websites, including Progressive Grocer and its sister B2B brands Convenience Store News, Shopper Marketing, RIS News and Carbonview, as well as more than 50 events.
In his new role, Hoyt lead an executive team comprising:
- Korry Stagnito, Chief Brand Officer
- Ned Bardic, Chief Customer Officer
- Chris Stark, Chief Financial Officer
- Joel Hughes, Chief Digital Officer
- Greg Flores, Chief Human Resources Officer
Kollin Stagnito, CEO of Stagnito Business Information + Edgell Communications, has stepped down to pursue other interests.
“No one understands the retail/CPG marketplace better than Peter Hoyt,” said Glass. “He brings a unique mix of experience to this new venture. During his 33-year career, he has created a revolutionary business model around community building, digital entrepreneurship and face-to-face programming. He will continue to build out this model as the company develops new products and adds targeted acquisitions in order to fully serve our customers’ marketing needs."
Of the company, which is based in Chicago, with offices in Jersey City, N.J.; Randolph, N.J.; and Toronto, Hoyt said: “Our combined organizations have a huge intellectual advantage in the realm of consumer goods and retail. We are uniquely empowered to provide original, relevant, expertly curated content because we derive and develop our insights from the vast, deep and varied industry connections we have nurtured over decades. And we serve it up in every way that our highly engaged audience wants it.”
Hoyt laid the foundation for the Path to Purchase Institute in 1988 with the launch of Shopper Marketing magazine (formerly P-O-P Times). Over the next 28 years, the Institute expanded by launching member-based online communities, the Path to Purchase Expo, the Shopper Marketing Summit, the StratConn meeting series, specialized councils and professional development initiatives, and many other events, publications, and research and industry white papers.
Stagnito + Edgell has created the definitive business intelligence resource for retailers, retail suppliers and technology vendors. The company informs, connects and provides predictive analysis through custom and syndicated research, data, media and events.
The Path to Purchase Institute is a global association serving the needs of retailers, brands and solution providers along the path to purchase. It champions shopper-centric thinking and practices that help define the ongoing evolution of consumer marketing and the overall shopping experience.
RFE Investment Partners is a private equity investor with more than 30 years of small buyout experience investing in growth companies in partnership with strong management teams.