Cathie Black’s exit from Hearst Magazines marks the end of her reign as one of the magazine industry’s few top women executives, while renewing questions about the future of higher-ups she leaves behind, including Michael Clinton (who was passed over for Black’s role) and John Loughlin.
Earlier in her career, Black broke gender barriers as publisher of New York magazine and was widely credited with the success of USA Today, where she served as its president and publisher. She led Hearst’s consumer magazines, which include Good Housekeeping and O, the Oprah Magazine, for 15 years.
When she was kicked upstairs at Hearst this summer and succeeded by David Carey, onlookers expected her to stay on at the company known for its paternalistic treatment of executives but fade from the limelight.
But in a conversation with Mediaweek during the summer, Black, 66 deflected the notion that she would go away quietly.
She wasn’t kidding: in a surprise and somewhat baffling pair of moves, she was named to succeed Joel Klein as New York City Schools chancellor, while Klein left public life to become evp, office of the chairman at News Corp.
At News Corp., Klein will act as a senior advisor to chairman and CEO Rupert Murdoch on various initiatives, including developing business strategies for the emerging educational marketplace, the company said in a statement.