Time Inc. Eyes Candidates for Chief Revenue Officer, Mulls Cost-Cutting Options
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You might think December would be the calm before the storm at Time Inc., which is, to say the least, expecting an eventful 2014. But CEO Joe Ripp is busy this month too.
The company, which publishes magazines including People and Sports Illustrated, is slated to spin off from parent Time Warner in the second quarter of next year.
Ahead of the separation, Time Inc. has renewed its search for a chief revenue officer, according to two people familiar with the search. There had been rumors that the position, which has been vacant since Paul Caine exited in March to become CEO at radio syndicator Dial Global, would not be filled. But Mr. Ripp has recently interviewed at least two people for the job, these people say, though no decision has been made.
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