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Nick Matarazzo, EVP, Group Publishing Director, Men's Enthusiast Group To Leave Hachette Filipacchi Media U.S.

05/05/2009

New York, N.Y. (May 5, 2009) - Alain Lemarchand, President & CEO, Hachette Filipacchi Media U.S. announced today that he and Nick Matarazzo, EVP, Group Publishing Director, Men’s Enthusiast Network (M.E.N.), have mutually agreed that Matarazzo will be leaving HFM U.S. His position will not be filled.

Alain Lemarchand commented: “Nick Matarazzo and I have reached a mutual agreement that he will be leaving the company, and, on behalf of us at HFM U.S., I want to thank him for his steadfast commitment to excellence and for his dedication. For over 28 years, Nick has made many significant contributions to this company in his various ad sales and financial positions. He is a gifted executive and an outstanding leader and has been a prominent figure in the automotive and men’s enthusiast world. Nick has brought imagination, humor and the ability to deftly maneuver through changes and shifts in the industry and the marketplace. We wish him all the best.”

Nick Matarazzo replied: “It is time to close this chapter of my life. I leave knowing how much we succeeded in the best of times and how much we still achieved in this difficult economy. I am grateful for my years and experience here, from my first job 28 years ago to now proudly leading our M.E.N. brands and Corporate Sales & Marketing. I am also grateful for our strong brands that we created and for the talented people who surrounded me to make it all happen. I am thankful for the many friendships, and HFM U.S. will always be a very important part of the fabric of my life. I’m confident that the company is well prepared and positioned to manage its core brands across media platforms and will emerge from this economic climate stronger than before.”

Matarazzo oversaw the business operations of the Men’s Enthusiast Network which includes Car and Driver, Road & Track, Cycle World, American Photo, Popular Photography, Boating, Flying and Sound & Vision. Matarazzo was also in charge of Corporate Sales, Integrated Marketing, Corporate Research and Special Marketing. He began his career with Hachette, formerly, CBS Magazines, in 1981.