Aviation Week Chief Editor Anthony L. Velocci, Jr. To Retire; Search for Successor Underway

NEW YORK, July 20, 2012 /PRNewswire/ -- Aviation Week today announced that its Editor-in-Chief, Anthony L. Velocci, Jr., 65, will retire following a distinguished 23-year career with Aviation Week, nine of them as Editor-in-Chief of Aviation Week & Space Technology (AW&ST). A search for his successor has begun.  Mr. Velocci will remain in his position until the end of the year and will assist during a transition period.

"Tony led the Aviation Week editorial team - continuously improving quality and depth and developing the most experienced and accomplished team of journalists in aerospace - through some of the most significant milestones in Aviation Week's 96-year history," said Greg Hamilton, President of Aviation Week. "Tony will be involved in the process to select a new Editor-in-Chief, and he will work with the Aviation Week team to complete this year's relaunch of its flagship brand, Aviation Week & Space Technology."

Mr. Velocci led Aviation Week through times of enormous change for both the aerospace and media industries. These have included the U.S. aerospace industry's massive consolidation in the 1990s, the growth of technology and innovation, the transition to digital media and integrated editorial teams, 9/11, global economic recessions and this year's relaunch of Aviation Week & Space Technology. Velocci originated such innovative AW&ST features as the Top-Performing Companies and Top-Performing Airlines competitive studies and the annual Person of the Year profile. 

"It has been a privilege to be a part of Aviation Week for the last 23 years," Velocci said. "The experience has been as rewarding, personally and professionally, as a career in journalism gets. I will bid farewell to a team in which I have enormous pride and respect for their professionalism and selflessness. I have every confidence that my successor and our global reporting staff will continue to do what AW&ST is best known for—delivering the most authoritative technology coverage and market intelligence available to industry professionals worldwide to help them make informed decisions."

He joined Aviation Week in 1989 as Editor-in-Chief/Defense World and soon thereafter was promoted to Editorial Director/Strategic Media. In 2000 he was promoted again to Northeast Bureau Chief and Senior Business Editor. In 2003, he was named Editor-in-Chief where he led the top aerospace media brand through multiple transitions and a magazine relaunch.

"It is this most recent achievement for Aviation Week that makes Tony's transition timing optimal," Hamilton said. "He will continue to lead through the completion of this major initiative, and at the same time transition and mentor the next generation of editorial leadership who will take AW&ST forward with a strong foundation of editorial and audience quality and new mobile-digital capabilities to engage more global and next-generation subscribers."

About Aviation Week:
Aviation Week, a division of The McGraw-Hill Companies, is the largest multimedia information and services provider for the global aviation, aerospace and defense industries. Industry professionals rely on Aviation Week for analysis, marketing and intelligence. Customers include the world's leading manufacturers, suppliers, airlines, militaries, governments and other organizations that serve this global market. Aviation Week produces industry-leading events around the world, as well as ShowNews and Business & Commercial Aviation.

On July 2, 2012, the group's flagship Aviation Week & Space Technology (AW&ST) relaunched with an even greater focus on technology, business and operations that has long been the brand's hallmark.  In addition to civil, military and space, AW&ST's market coverage is further expanded with new monthly Defense Technology and MRO editions to include land and sea and aftermarket insights.

Aviation Week's 2012 digital expansion includes a redesigned AviationWeek.com for deeper community engagement and navigation and a comprehensive technology upgrade to the Aviation Week Intelligence Network (AWIN).  AWIN, the industry's essential integrated business tool, now has increased capability through more fleet and MRO data and an expanded team of data analysts.

About The McGraw-Hill Companies:
McGraw-Hill (NYSE: MHP) announced on September 12, 2011, its intention to separate into two public companies: McGraw-Hill Financial, a provider of content and analytics to global financial markets, and McGraw-Hill Education, an education company focused on digital learning and education services worldwide. McGraw-Hill Financial's leading brands include Standard & Poor's Ratings Services, S&P Capital IQ, S&P Indices, Platts energy information services, Aviation Week, and J.D. Power and Associates. With sales of $6.2 billion in 2011, the Corporation has approximately 23,000 employees across more than 280 offices in 40 countries. Additional information is available at http://mcgraw-hill.com.

SOURCE Aviation Week

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