Most Recent Articles In Publishing
Latest Publishing Articles
- Edward Menicheschi Named Condé Nast's Chief Marketing Officer
- Condé Nast Names Style.com Publisher
- The Penske Media Corp. Breakdown
More Articles By
Amid transition, Time Inc., the publishing division of Time Warner, is investing in technology.
The company, which plans to spin off from its parent company in the second quarter of the year, said it hired Colin Bodell as executive vice president and chief technology officer on Tuesday. In the newly-created role, Colin, who spent eight years as a senior exec at Amazon, will be responsible for “shaping the overall strategic technology direction for the new Time Inc.,” chief executive Joe Ripp said in an internal memo to staff.
A former vice president of Amazon’s digital store platform, Bodell, who will report to Ripp, joins the company on February 18.
“He will have oversight of day-to-day IT [information technology] operations and will work closely with our digital and product teams around the company to establish a cohesive strategy and product development roadmap,” Ripp told employees.
In addition to that appointment, the ceo said Mitch Klaif, Time Inc.’s senior vice president and chief information officer will be taking on the new role of senior vice president. Reporting to executive vice president and chief financial officer Jeff Bairstow, Klaif will “be charged with managing a number of critical initiatives” that “key” to Time Inc.’s transition to an independent company, Ripp said without providing more details.
The news follows larger shifts within the company, which is expected to slash jobs later this year. Two very visible job cuts came on Friday when Time Inc. laid off both Mark Golin, group editor of its style and entertainment group and Larry Hackett, managing editor of People magazine.
Jess Cagle, editor of Entertainment Weekly replaced Hackett as editor of People, Time Inc.’s cash cow. Although sources inside Time Inc. confirmed Tuesday that Hackett is still working from the New York-based office, the editor is soon expected to turn his office over to Cagle, who will additionally assume the role of editorial director of EW. An editor of EW will be named shortly, Time Inc. said.