Time Inc. Names Exec VP, Business Development

A new role at the company.

Time Inc. has named Erik Moreno executive vp, business development, a new role at the company. Moreno comes to Time Inc. from 21st Century Fox division Fox Networks Group, where he served as senior vp, corporate development.

“Erik’s strategy, M&A and business development experience across telecommunications, consumer Internet and media is exactly the kind of expertise that will help us identify these future growth areas,” said Time Inc. CEO Joe Ripp, in an announcement. “I’m very pleased to welcome Erik in this important new role as we take a broader, more holistic approach to the transformation and growth of Time Inc.”

Moreno begins Sept. 21. He’ll report to Ripp.