Steve Swartz Takes Helm at Hearst

Steve Swartz is a veteran of Hearst’s print business, but as he takes over as CEO this week, he underscored ways the leading magazine company is adapting its products to digital formats. Swartz, the former head of Hearst’s newspaper business and for the past two years, its chief operating officer, officially succeeded Frank Bennack Jr. June 1 as chief executive of the privately run company. At a time when traditional media is challenged to keep up with the digital revolution, Swartz emphasized in a note to employees that the 126-year-old company was constantly reinvigorating its mature businesses. “As in the past, the success of our efforts will be led by the innovators among us, those with the belief in an idea and the drive to see it through, backed by a company willing to invest and take risks,” he wrote. Swartz isn’t expected to swerve radically from the company’s current direction, but he did point to a few new initiatives underway. A digital studio is being launched to research and develop new ideas. He said Hearst was “actively looking” to make more investments in its fastest-growing sectors: business information and entertainment. Swartz also said global expansion would continue to be important, pointing to a network of news and information sites that Hearst is building with one of its publishing partners across several cities in Russia. With Bennack having run Hearst nearly 30 years, it’s hard to imagine a time without him at the helm, and he’s not likely... Continue reading at 'AdWeek'

[ AdWeek | 2013-06-03 00:00:00 UTC ]
News tagged with: #digital studio #business information #global expansion #publishing partners

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Esquire’s Editor Is Out in Reshuffling at Hearst Magazines

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[ The New York Times | 2019-05-23 20:12:41 UTC ]
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Jay Fielden Joins List of Troy Young-Era Departures at Hearst | People on the Move

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[ Folio Magazine | 2019-05-23 18:32:49 UTC ]
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PRH Takes Minority Stake in Sourcebooks

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[ Publishers Weekly | 2019-05-22 04:00:00 UTC ]
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Hearst’s Michael Clinton on Retirement, ‘Failing Fast’ and the Future

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[ Publishing Executive | 2019-05-17 17:29:25 UTC ]
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WhatsApp flaw let spies take control of phones

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[ Baltimore Sun | 2019-05-14 21:55:00 UTC ]
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WhatsApp flaw let spies take control of phones

Hearst’s Michael Clinton to Retire After 21 Years

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[ Folio Magazine | 2019-05-14 00:00:00 UTC ]
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[ Los Angeles Times | 2019-05-09 00:00:00 UTC ]
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[ Los Angeles Times | 2019-05-04 00:00:00 UTC ]
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[ Publishing Executive | 2019-05-03 16:21:31 UTC ]
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[ The Bookseller | 2019-05-03 00:00:00 UTC ]
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[ The Bookseller | 2019-05-03 00:00:00 UTC ]
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[ Advertising Age | 2019-04-30 00:00:00 UTC ]
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[ The Bookseller | 2019-04-30 00:00:00 UTC ]
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[ Publishers Weekly | 2019-04-29 00:00:00 UTC ]
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[ The Bookseller | 2019-04-26 00:00:00 UTC ]
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[ Baltimore Sun | 2019-04-25 20:15:00 UTC ]
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[ The Bookseller | 2019-04-24 00:00:00 UTC ]
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[ The Bookseller | 2019-04-17 00:00:00 UTC ]
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