Sunday, February 20, 2011

Time Warner Fires Magazine Head Jack Griffin; No Immediate Successor

In a stunning turn of events, Time Warner (NYSE: TWX) CEO Jeff Bewkes has fired Jack Griffin, who joined Time Inc. as the magazine publisher’s CEO in September. In a memo, included in full below, Bewkes told Time Inc. staff that “although Jack is an extremely accomplished executive, I concluded that his leadership style and approach did not mesh with Time Inc. and Time Warner.”

Julie Berry Lori Heuring Nicole Scherzinger Jill Arrington Tami Donaldson

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