Friday, February 18, 2011

Time Inc. CEO Jack Griffin Axed After 5 Months

Jack Griffin, the chief executive of Time Inc., was ousted by Time Warner chief Jeff Bewkes on Thursday, less than six months after taking over as CEO of the division.

"I concluded that his leadership style and approach did not mesh with Time Inc. and Time Warner," Bewkes wrote in a memo to Time Inc. employees.

Source: http://www.thewrap.com/media/column-post/breaking-time-inc-ceo-jack-griffin-axed-time-warner-24853

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