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ESSENCE, a fully black-owned media, technology and commerce company dedicated to black women and communities, has announced its executive leadership team. These appointments are part of the final phases of the restructuring process aimed at positioning the company for continued growth and maximum impact following its acquisition from Time corporation.
This transformation has included, among other focus areas, building critical operational infrastructure across finance, human resources and technology; making significant investments across ESSENCE magazine. Digital, e-commerce and experiential platform have resulted in the brand, almost doubling its reach over three years.
Among the appointees is Kenyan-born Caroline Wanga, an innovative and inspirational thought leader and public speaker and earned her bachelor’s degree from HBCU Texas College. She has been appointed as Chief Executive Officer, ESSENCE and Chief Growth Officer, Essence Ventures
Kenyan Woman Appointed CEO in US Media House
Caroline Wanga, the newly appointed CEO of Essence
(COURTESY)
Kenya s Caroline Wanga has been appointed Chief Executive Officer (CEO) of Essence Communications Inc, a company that owns Essence magazine.
She will be in charge of Essence magazine, a publication that covers fashion, beauty, entertainment, culture and is written for African-American women. It is focused on merging content, community and commerce to meet the evolving cult.
“Caroline will work with team leads across the organization and run the day to day operations, as well as oversee the independent review process,” the company said in a statement.
Press release content from Business Wire. The AP news staff was not involved in its creation.
ESSENCE Appoints Executive Team to Lead Company’s Strategic Realignment, Innovation Focus & Community Impact
February 9, 2021 GMT
NEW YORK (BUSINESS WIRE) Feb 9, 2021
ESSENCE, the leading and only 100% Black-owned media, technology and commerce company at scale dedicated to Black women and communities, today announced updates to its executive leadership team. These appointments are part of the final phases of the restructuring process aimed at positioning the company for continued growth and maximum impact following its acquisition from Time Inc. To date, this transformation has included, among other focus areas, building critical operational infrastructure across finance, human resources and technology; making significant investments across ESSENCE Magazine, digital, e-commerce and experiential platforms – resulting in the brand almost doubling its reach over three years; expanding
ESSENCE Appoints Executive Team To Lead Company’s Strategic Realignment, Innovation Focus And Community Impact Essence 2/9/2021 ESSENCE Editors
February 9, 2021 (New York, NY) – ESSENCE, the leading and only 100% Black-owned media, technology and commerce company at scale dedicated to Black women and communities, today announced updates to its executive leadership team. These appointments are part of the final phases of the restructuring process aimed at positioning the company for continued growth and maximum impact following its acquisition from Time Inc.
To date, this transformation has included, among other focus areas, building critical operational infrastructure across finance, human resources and technology; making significant investments across ESSENCE magazine, digital, e-commerce and experiential platforms resulting in the brand almost doubling its reach over three years; expanding platforms for other culturally-rooted entrepreneurs and busin