Traffic map
Article updated: 7/22/2013 11:36 AM

Time Warner names former exec as CEO of spinoff

  • Article
text size: AAA
By Associated Press

NEW YORK -- Time Warner has named one of its former executives as the new CEO of its magazine spinoff.

The New York company said Monday that Joseph Ripp will serve as CEO of Time Inc. Ripp is currently CEO of business information services company OneSource Information Services. He spent almost 20 years with Time and Time Warner, including serving as Time Warner's chief financial officer.

Advertisement

Ripp will succeed Time CEO Laura Lang, who told Time Warner she didn't want to continue in the position after the spinoff.

Time Warner Inc. announced in March that it was spinning off its magazine unit into a separate company.

Ripp will take on his post as Time CEO in September.

Shares of Time Warner added 59 cents to $62.36 in midday trading.

Comments ()
We are now using Facebook comments to offer a more inclusive, social and constructive discussion. Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.

This article filed under

Business Video
Area Business Calendar

BusinessDirectory

Connect with a business or service in your area fast. First select a town, then enter a search term or choose one of the listed popular searches:

Don't see your town listed? Visit our full directory to begin your search.

MostViewed

Today
Yesterday
Most Commented
Top Jobs

    View all Top Jobs Place a job ad

    DHExtras

       
    • Newspaper next section - Newspaper next section Report card checker - report card checker
    • Dh innovation award 2 - Dh innovation award 2 Zillow /real estate page
    • Discuss refer On Guard series
    • Newspaper archives -- Monday or anyday Mike North

    FacebookActivity