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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After Parneros’s firing, publishers offer ideas for what characteristics they would like to see in B&N’s next leader—who would be its fifth in five years. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-06 00:00:00 UTC ]
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Barnes & Noble's sudden firing of its CEO after only 14 months on the job dealt another setback to the embattled book seller as it struggles against stiffer competition from Amazon.The sudden vacancy at the top leaves Barnes & Noble treading water while it looks for a new leader, says... Continue reading at Advertising Age
[ Advertising Age | 2018-07-05 00:00:00 UTC ]
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[caption id="attachment_127599" align="alignright" width="150"] Jonathan Moore[/caption] Bonnier Corp. has named Jonathan Moore as senior vice president, events, effective July 2. Moore joins the company from Family Media, where he served as president since 2016. Prior to that, Moore spent two... Continue reading at Folio Magazine
[ Folio Magazine | 2018-07-05 00:00:00 UTC ]
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A "frank, funny and excruciatingly relatable" novel about motherhood has been snapped up by Orion Fiction at auction. Continue reading at The Bookseller
[ The Bookseller | 2018-07-05 00:00:00 UTC ]
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Barnes & Noble has fired CEO Demos Parneros for violating company policies and said he'll exit the post without severance.A spokeswoman declined to say why he'd been terminated. It was "not due to any disagreement with the company regarding its financial reporting, policies or practices or... Continue reading at Advertising Age
[ Advertising Age | 2018-07-04 00:00:00 UTC ]
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In a brief statement released late Tuesday afternoon, B&N said CEO Demos Parneros was terminated for “violations of the Company’s policies." Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-07-03 00:00:00 UTC ]
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David Carey, who has run Hearst Magazines since 2010, announced today that he will be retiring from his position as president in the coming months and will become chairman once his successor is... To view the full story, click the title link. Continue reading at Crains New York
[ Crains New York | 2018-06-26 00:00:00 UTC ]
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[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... Continue reading at Folio Magazine
[ Folio Magazine | 2018-06-25 00:00:00 UTC ]
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David Carey's announcement that he's stepping down after nine years as president of Hearst Magazines came out of the blue for most employees at the Hearst Corp. division, which publishes brands including Cosmopolitan, Elle, Esquire and Car and Driver. Carey said Monday that he will become a... Continue reading at Advertising Age
[ Advertising Age | 2018-06-25 00:00:00 UTC ]
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Elizabeth Uviebinené and Yomi Adegoke have turned a dream into a hot publishing property – a self-help guide for black womenIn March 2015, Elizabeth Uviebinené had a brainwave that a less determined 22-year-old might have dismissed as a water-cooler pipe dream. It was ignited by a single chapter... Continue reading at The Guardian
[ The Guardian | 2018-06-24 00:00:00 UTC ]
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Joanna Coles doesn't spend much time online.The chief content officer at Hearst, executive producer on the Freeform series "The Bold Type," and author of the new book "Love Rules," is certainly incredibly busy. But during a brief moment when she wasn't on panels at Cannes she told Ad Age that... Continue reading at Advertising Age
[ Advertising Age | 2018-06-21 00:00:00 UTC ]
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Dr. Atul Gawande, a surgeon and bestselling author, has been named chief executive of a venture sponsored by Amazon.com Inc., JPMorgan Chase & Co. and Warren Buffett’s Berkshire Hathaway Inc. that aims to bring down those three firms’ healthcare costs. The companies announced the appointment... Continue reading at Los Angeles Times
[ Los Angeles Times | 2018-06-20 00:00:00 UTC ]
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The market is 'robust and solid,' the BookExpo audience hears from three of the biggest books CEOs in the world. It's just the consumers who keep changing. The post BookExpo’s Roundtable With CEOs Cites Stability, Growth, Promise for Books Ahead appeared first on Publishing Perspectives. Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-06-01 00:00:00 UTC ]
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For the book business, print and digital markets have found balance, CEOs say, but political instability in the culture at large remains a cause for concern. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-31 00:00:00 UTC ]
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The big jump in profits came on a 6% increase in sales, with revenue reaching $112 million. Continue reading at Publishers Weekly
[ Publishers Weekly | 2018-05-29 00:00:00 UTC ]
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Liz Jolly has been named as the new chief librarian at The British Library, succeeding Caroline Brazier who is stepping down after 15 years in the role. Continue reading at The Bookseller
[ The Bookseller | 2018-05-24 00:00:00 UTC ]
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The global chief of Penguin Random House names Kristin Cochrane to the role of CEO in Canada. And in Sweden, the national universities' and research consortium says it can't get the open-access arrangements it needs from Elsevier. The post Industry Notes: Canada’s PRH Gets a Female CEO;... Continue reading at Publishing Perspectives
[ Publishing Perspectives | 2018-05-18 00:00:00 UTC ]
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Researchers have uncovered two new pages from Anne Frank’s diary, revealing "dirty" jokes and her thoughts on sex education and prostitution. Continue reading at The Bookseller
[ The Bookseller | 2018-05-17 00:00:00 UTC ]
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The newly created team's mandate is to prove to brands that advertising on Hearst properties delivers business outcomes. The post Hearst Magazines Digital Media is launching a 20-person data studio appeared first on Digiday. Continue reading at Digiday
[ Digiday | 2018-05-15 00:00:00 UTC ]
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The writer of genre fiction further mines his clinical psychologist training in an illuminating turn to non-fiction. Continue reading at The Bookseller
[ The Bookseller | 2018-05-15 00:00:00 UTC ]
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