Jack Griffin to Leave Time Inc. After Six Months in Job

Time Inc. Chairman and CEO Jack Griffin is leaving his post, departing the magazine publisher six months after being named to the job. The management change was announced in a memo yesterday to Time Inc. employees by Jeff Bewkes, CEO of Time Warner Inc. (TWX), the New York-based parent co. The magazine division will be led by an interim management committee until a permanent successor is identified, Bewkes said. – Bloomberg

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