RD Recap: Norman Pearlstine Exit Rumors; Bill Phillips Out at Men's Health

It sounds like Norman Pearlstine could be on his way out at Time Inc. He’s currently chief content officer and also served as editor in chief between 1995 and 2005. A company spokesperson denied the rumor, telling Vanity Fair, “If you wrote that we made a succession decision for Norm Pearlstine, you would be wrong. There is no discussion about Norm leaving the company.” But Sarah Ellison‘s sources say otherwise, naming Fortune editor Alan Murray and Time deputy managing editor Michael Duffy as two of the people most likely to replace Pearlstine, who would remain on as a consultant…