David Carey to Step Down As President of Hearst Magazines

[caption id="attachment_61878" align="alignright" width="150"] David Carey[/caption] Months after a $200 million acquisition of one of his company's largest competitors, David Carey has revealed plans to depart Hearst Magazines following eight years at the division's helm. Hearst Corp. CEO Steven Swartz informed staffers this morning that Carey will step down as president of Hearst Magazines at the end of 2018, after which he will spend a year as chairman while the company searches for a successor. Prior to joining Hearst and assuming command of a portfolio containing the likes of Cosmopolitan, Good Housekeeping, and Esquire, Carey spent several years at Condé Nast, including seven as VP and publisher of The New Yorker. His tenure at Hearst saw the launches of Dr. Oz the Good Life, HGTV Magazine, and The Pioneer Woman, as well as the landmark acquisition of Rodale Inc., which brought in titles like Men's Health, Women's Health, and Prevention, among others. "The magazine business worldwide, like all print media, faces change and challenge, but it’s an industry we’ve led for more than 100 years and we will continue to do so," wrote Swartz in the memo to staffers. "Under David, we have become a preeminent global digital publishing company while continuing to launch innovative print editions." In a company-wide letter issued in December, Carey reported a slight decline for the magazine group in 2017—following four straight years of earnings growth—and vowed to "further... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2018-06-25 00:00:00 UTC ]
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[ Folio Magazine | 2017-03-31 00:00:00 UTC ]
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David Storey dies, aged 83

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[ The Bookseller | 2017-03-28 00:00:00 UTC ]
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Sprint car driver David Steele dies after crash at Florida track

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[ Los Angeles Times | 2017-03-26 00:00:00 UTC ]
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Don’t just survive: A three-step publisher strategy to beat Facebook at its own game

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[ Digiday | 2017-03-23 00:00:00 UTC ]
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Davler Media Group Buys LGBTQ Magazine and Teases New Quarterly

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[ Folio Magazine | 2017-03-23 00:00:00 UTC ]
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My Job in 5: David Martin

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How Hearst uses Alexa for Elle and Good Housekeeping

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[ Digiday | 2017-03-21 00:00:00 UTC ]
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Uber President and Former Target CMO Jeff Jones Quits Amid Turmoil

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[ Advertising Age | 2017-03-20 00:00:00 UTC ]
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Marina Warner becomes RSL's first female president

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Elle Is Partnering With Jeweler David Yurman for Its First Branded Facebook Live Video

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[ AdWeek | 2017-03-17 00:00:00 UTC ]
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Inked Magazine Drives Breast Cancer Awareness in Viral Facebook Live | Behind the Screens

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[ Publishing Perspectives | 2017-03-13 00:00:00 UTC ]
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BA president de la Hey on the secrets of Mainstreet’s success

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[ Folio Magazine | 2017-03-08 00:00:00 UTC ]
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[ AdWeek | 2017-03-08 00:00:00 UTC ]
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[ Publishers Weekly | 2017-03-07 00:00:00 UTC ]
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[ Folio Magazine | 2017-03-01 00:00:00 UTC ]
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Boys' basketball: Harvey Kitani, Tim Tucker, David Rebibo go for CIF titles at private schools

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[ Los Angeles Times | 2017-03-01 00:00:00 UTC ]
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