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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Magazines On-the-Go: MPA Summit Examines Mobile Media

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[ Folio Magazine | 2015-11-06 00:00:00 UTC ]
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IPA President Richard Charkin Addresses Arab Publishers Association

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[ Publishing Perspectives | 2015-11-03 00:00:00 UTC ]
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CIO Magazine Goes Digital-Only

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[ Folio Magazine | 2015-10-30 00:00:00 UTC ]
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Pulitzer Prizes Open Three More Categories to Magazines

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[ Folio Magazine | 2015-10-28 00:00:00 UTC ]
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Audible releases Halloween story starring David Tennant

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[ The Bookseller | 2015-10-28 00:00:00 UTC ]
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Assessing the State of the Consumer Magazine Print Business

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[ Folio Magazine | 2015-10-27 00:00:00 UTC ]
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What Logo Licensing Can Do for Magazine Publishers

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[ Folio Magazine | 2015-10-27 00:00:00 UTC ]
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Lena Dunham's Newsletter Lenny Gets a Site, Ads From Hearst

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[ Advertising Age | 2015-10-27 00:00:00 UTC ]
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[ The Guardian | 2015-10-27 00:00:00 UTC ]
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Hearst to Target Online Shoppers with New Digital-Only Site

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[ Editor & Publisher | 2015-10-26 00:00:00 UTC ]
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[ The Guardian | 2015-10-25 00:00:00 UTC ]
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Apple News arrives in the UK with 14 newspaper and magazine partners

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[ The Guardian | 2015-10-22 00:00:00 UTC ]
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Canongate acquires David Lynch book

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[ The Bookseller | 2015-10-20 00:00:00 UTC ]
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[ The Guardian | 2015-10-17 00:00:00 UTC ]
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What did Pitchfork get right when most music magazines are losing sales?

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Playboy Magazine No Longer NSFW in 2016

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[ Folio Magazine | 2015-10-13 00:00:00 UTC ]
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Magazines Create 'Industry-Wide' Guarantee of Print Ads' Results

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[ Advertising Age | 2015-10-13 00:00:00 UTC ]
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[ Publishers Weekly | 2015-10-09 00:00:00 UTC ]
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