Hearst Magazines President Troy Young Resigns After NYT Report

[caption id="attachment_103859" align="alignright" width="192"] Troy Young[/caption] Hearst has parted ways with the president of its magazines division, Troy Young, the company said Thursday, a day after a report in The New York Times described multiple complaints of "bullying or harassing behavior" against him by staffers. "Troy Young and I have agreed that it is in the best interest of all of us that he resign his position as president of Hearst Magazines, effective immediately," Hearst CEO Steven Swartz informed staffers Thursday evening. Faced with allegations that one of its most powerful executives had a habit of making sexually suggestive remarks to women in the workplace, Hearst initially stood by Young. In a statement to the Times, a company spokeswoman explained that his “relentless pursuit of excellence was at times combined with a brash demeanor that rubbed some the wrong way," but added that he had "worked to develop a more inclusive management style" since his promotion from digital chief to global president of Hearst Magazines in 2018. At least four employees had complained to the company's human resources department about Young's behavior prior to that promotion, the Times reported. Young himself appeared defiant in the Times story, attributing the allegations to "my detractors" and insisting they were "either untrue, greatly exaggerated or taken out of context." In a subsequent memo to staff Thursday, he said that while he felt the article, which also... Continue reading at 'Folio Magazine'

[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
News tagged with: #appeared defiant #greatly exaggerated #racial discrimination #general apology #female coworkers #work overhauling #run separately #print side #businesses earned #joanna coles #widely speculated #rival candidate #carey returned #elected chairman #marie claire #hearst

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