Wednesday, December 20, 2017

Media: "Fast Company in for big changes amid executive turnover"

Truth be told, I've sort of forgotten about Fast Company.

From the New York Post:
Eric Schurenberg , the editor-in-chief and president of Inc. Media, is being elevated to CEO of the parent company Mansueto Ventures, Media Ink has learned.

The news comes as Bob Safian, the longtime editor and managing director of Mansueto’s Fast Company, announced last week he would be leaving the company owned by billionaire Joe Mansueto at the end of January, ending an 11-year run at the top.

The top spots at both magazines are open — and it is no sure thing that they will be filled.
“TBD,” said a spokesman.

As for Safian’s plans, the company veteran told Media Ink, “I’m not ready to share specifics yet, but I’ll keep you posted.”

Last week, Safian told Adweek. “Fast Company is a franchise all about change, and I have reached a point where it’s become clear that it’s time for me to make a change, too.”
Safian acknowledged he had no destination in mind.

Schurenberg held a town hall meeting last Thursday to let employees know what is happening — but he may need to call another one soon.

“Normally, they cut around the edges, but they seem to be cutting from the top this time,” was the takeaway from one insider....MORE
Also at the Post's Media Ink;

Carlos Slim sells off half of New York Times shares for $240M
Adios, amigos....