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. EIC Martha Nelson.