Forbes.com Loses Its CEO
Speculation began earlier tonight that Jim Spanfeller would be stepping down from his position as president and CEO of Forbes.com.
Then Steve Forbes sent an internal memo to all staffers announcing the decision.
“In the entrepreneurial spirit that Forbes has always championed, Jim will be setting up his own media management company,” Forbes said of Spanfeller’s future plans.
Spanfeller himself had a quote in the memo: “The world of media has changed rapidly in the past 10 years and the velocity of the change promises only to increase going forward.
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