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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Nick Cater blames Probyn’s sacking on ‘poisonous’ equity – but didn’t get the News Corp memo | Weekly Beast

The Australian’s columnist criticises ABC, as political leaders also share thoughts on cuts at public broadcaster. Plus: Shannon Noll’s chicken zingerGet our morning and afternoon news emails, free app or daily news podcastEveryone from the prime minister down had an opinion about the ABC’s... Continue reading at The Guardian

[ The Guardian | 2023-06-23 03:01:45 UTC ]
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Bruce Lehrmann drops defamation case and settles with News Corp over Brittany Higgins reports

The two parties reportedly settled with News Corp saying it had not paid any damages and the articles in dispute would remain onlineFollow our Australia news live blog for the latest updatesGet our morning and afternoon news emails, free app or daily news podcastBruce Lehrmann has discontinued... Continue reading at The Guardian

[ The Guardian | 2023-05-30 04:40:11 UTC ]
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U.S. Book Show: B&N CEO Says Chain Is in Midst of Significant Change

As Barnes & Noble continues to put its troubled past behind it, CEO James Daunt outlined the "process of change" at the company, which includes renovating stores to make them more appealing, empowering employees, adding sidelines, and renewing the browsing experience both offline and on. Continue reading at Publishers Weekly

[ Publishers Weekly | 2023-05-24 04:00:00 UTC ]
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News Corp denies it played a part in Stan Grant’s decision to leave Q+A amid racist attacks

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[ The Guardian | 2023-05-23 08:46:23 UTC ]
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Hello Sunshine’s CEO shares the questions her team asks to catalyze change

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News Corp sports journalist Paul Kent faces court after being charged with assaulting ex-girlfriend

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[ The Guardian | 2023-05-17 07:00:21 UTC ]
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Dan Gerstle Named to Succeed John Glusman at Norton

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A Different Look at the Anne Frank Story

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B&N CEO James Daunt to Deliver State of Bookselling Keynote at U.S. Book Show

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[ Publishers Weekly | 2023-05-01 04:00:00 UTC ]
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ABC thumbs its nose at News Corp and Acma with rerun of Fox and the Big Lie | Weekly Beast

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[ The Guardian | 2023-04-21 04:27:06 UTC ]
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Betr ‘crossed the line’ with illegal ads in News Corp media encouraging gambling, regulator says

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[ The Guardian | 2023-04-14 02:39:52 UTC ]
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Nielsen CEO David Kenny on Nielsen One Learnings, Reaccreditation and What’s Next

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Pat Schroeder, Former AAP CEO, Dead at 82

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Former BET CEO Debra Lee details affair with co-founder: 'I would've lost everything'

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ABC accuses News Corp and Daily Mail of amplifying misogynist Twitter abuse of Lisa Millar

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