Steven Swartz to Succeed Frank Bennack as CEO of Hearst Corp.

Steven Swartz was named the new CEO of Hearst Corp., succeeding Frank Bennack. This is an orderly transition at a private company that's known for its stability and buttoned-up culture. Swartz, 51, has been groomed for the role, having been named COO in 2011 and adding the title of president in December. A vet of the print side, he became evp of Hearst’s newspaper division in 2001, having been president and CEO of SmartMoney, then a joint venture between Hearst and Dow Jones & Co. As CEO, he’ll oversee a diversified media empire that encompasses not only 15 daily newspapers and leading consumers magazines including Cosmopolitan and Good Housekeeping but 29 TV stations and ownership in cable networks including A&E and ESPN. His new appointment takes effect June 1. Swartz will become only the seventh CEO in the 126-year history of Hearst, a company that’s had stable leadership against a backdrop of upheaval for the media industry and in contrast to such peers as Time Inc., which is preparing to spin off from Time Warner and replace its CEO; and Martha Stewart Living Omnimedia, which ditched its CEO of six months in December. The man Swartz replaces, Bennack, 80, has been with the company for 50 years, serving as its CEO for 28 years, longer than any of his predecessors except for William Randolph Hearst. Bennack will remain on the board as executive vice chairman and chair of its executive committee. Here’s the text of Bennack’s note to employees announcing the... Continue reading at 'AdWeek'

[ AdWeek | 2013-03-28 00:00:00 UTC ]
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Sky falls on Tony Abbott as News Corp columnist urges him to sue for defamation | The Weekly Beast

Sky News UK host calls former Australian PM a ‘homophobic misogynist’. Plus: David Gonski’s remarkable revelation about Rupert Murdoch They may share a name but there is nothing similar about Sky News UK and Sky News Australia, at least where Tony Abbott is concerned.The Australian Sky is wholly... Continue reading at The Guardian

[ The Guardian | 2020-09-04 01:09:29 UTC ]
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Clavis CEO Sets Sights on U.S. Talent

Clavis Publisher and CEO Philippe Werck believes there is illustration talent all over the world—and in launching the U.S. Key Colors Competition, he set out to find it. (Sponsored) Continue reading at Publishers Weekly

[ Publishers Weekly | 2020-08-30 04:00:00 UTC ]
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Sky News, Hearst UK and RT are Digiday Media Awards Europe winners

Across categories, winners displayed a commitment to crucial social causes, from sustainability to fighting discrimination. The post Sky News, Hearst UK and RT are Digiday Media Awards Europe winners appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-08-21 10:00:09 UTC ]
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How Hearst UK’s e-commerce revenue grew 322% during the second quarter

Titles leaning more heavily into e-commerce include Cosmopolitan, Good Housekeeping, Digital Spy and Runner’s World. The post How Hearst UK’s e-commerce revenue grew 322% during the second quarter appeared first on Digiday. Continue reading at Digiday

[ Digiday | 2020-08-21 04:01:50 UTC ]
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The Essential Steven Millhauser: Where to Start With An Underrated American Master

Steven Millhauser: Pulitzer Prize winner. Certified Writer’s Writer. Big in France. Reported Ping-Pong champ. A master short story writer who never quite seems to get his due. George Saunders before George Saunders, though sans the gooey center. Lit Hub’s own Jonny Diamond recently called him... Continue reading at Literrary Hub

[ Literrary Hub | 2020-08-03 08:49:28 UTC ]
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James Murdoch's exit paves way for News Corp to move further right

Analysis: Murdoch was considered a dissenting voice at the rightwing company. Now his brother Lachlan could see his influence growJames Murdoch’s resignation from the board of News Corp confirms divisive splits in the publishing arm of his family’s media empire and removes a powerful dissenting... Continue reading at The Guardian

[ The Guardian | 2020-08-01 18:24:26 UTC ]
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James Murdoch resigns from news publisher News Corp's board

James Murdoch, son of News Corp founder Rupert Murdoch, is resigning from the family-controlled newspaper publisher’s board Continue reading at ABC News

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Why CEOS need to read poetry—yes, poetry—to lead in the post-COVID world

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The Beat Goes On at Educational Development Corp.

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Hearst Magazines Names Acting President Following Troy Young’s Resignation

Hearst Magazines named an interim president a day before what would've been Troy Young's second anniversary in the role. Executive vice president and chief financial officer Debi Chirichella will serve in the interim position. Young resigned late Thursday after he and the company spent the week... Continue reading at AdWeek

[ AdWeek | 2020-07-24 20:14:14 UTC ]
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Hearst Magazines President Troy Young Resigns After NYT Report

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[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
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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... Continue reading at Folio Magazine

[ Folio Magazine | 2020-07-24 13:00:11 UTC ]
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Hearst Magazines President Troy Young Resigns After NYT Report

Hearst Magazines President Resigns After Allegations of Inappropriate Behavior

Troy Young, president of Hearst Magazines, resigned today after a damning New York Times profile detailed inappropriate workplace behavior. Young reportedly made rude, sexually offensive jokes and fostered what employees described as a toxic culture among Hearst Magazines' brands, including... Continue reading at AdWeek

[ AdWeek | 2020-07-24 00:32:53 UTC ]
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Robin Stevens | 'They have been in my head every day, but it feels like the right moment to move on'

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Hearst Employees Say Troy Young Led Toxic Culture

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[ The New York Times | 2020-07-22 15:31:50 UTC ]
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News Corp’s Stephanie Layser Is Tired of Big Tech Bullying

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[ AdWeek | 2020-07-15 19:21:32 UTC ]
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Former Bobit CEO Launches New Company, Acquires Machine Learning Conference

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Under Newly Elected Chairman, Ebony Board Ousts CEO

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