KC Crain was named CEO of Crain Communications Inc., the Detroit-based, family-owned media company that is the parent company for Pensions & Investments and nearly 20 other trade and business titles in North America, Europe and Asia.
He had been president and chief operating officer. His father, Keith E. Crain, remains chairman of the board.
The action was ratified at the company's annual board meeting Nov. 18.
"We're proud of the 104-year legacy of our company and of the continued leadership from within our family," Keith Crain said. "KC has done a terrific job of steering our company in recent years, including strategic acquisitions. This year in particular has been challenging for many media companies, and KC and his entire team have led us to a successful year."
A companywide effort to increase paid subscribers began even before the coronavirus pandemic. The result is an increase in new paid subscribers of 50% for 2020.
"Leading the company my grandfather started 104 years ago is a true honor," KC Crain said. "Our audiences have never been stronger and the growth prospect of this business is really exciting. Our platforms continue to evolve in amazing ways to serve our readers."
KC Crain started in the company as a reporter for Automotive News and worked through a series of roles, including group publisher, executive vice president and director of corporate operations.
Active in a number of civic and business activities, KC Crain is board chairman for the Detroit Children's Fund. He also sits on the boards of the Young Presidents Organization and the College for Creative Studies.
KC Crain earned a B.A. in communications from Denison University.