Norman Pearlstine Returning to Time Inc.

Fortune senior editor Dan Primack has posted some major parent company news. Norman Pearlstine is leaving his post as chief content officer at Bloomberg LP to assume a “similar position” with Time Inc.

From Primack’s report:

The move comes as Time Inc. is preparing to spin out from corporate parent Time Warner (TWX), which is expected to occur early next year.

This is a homecoming of sorts for Pearlstine, who served as editor-in-chief of Time Inc. from 1995 through 2005 (after more than two decades with The Wall Street Journal, and a short stint running Forbes).

Pearlstine has been with Bloomberg since 2008 and, Primack writes, will be replacing essentially outgoing Time Inc.

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