Steven Swartz has been promoted from executive vice president and chief operating officer of Hearst Corporation to president and chief operating officer. Swartz has been COO since March of last year. Prior to that he was senior vice president of Hearst Corp. and president of Hearst Newspapers.
“Having worked with Steve for more than 20 years, I’m highly confident he will succeed in this new role — just as he has in every position he’s held with Hearst since 1991,” Frank Bennack, CEO of Hearst Corp., said in a statement. “He has my full support, and that of the entire Board of Directors, as he continues to increase his day-to-day responsibilities in helping to run the corporation.”
Swartz’s appointment is effective immediately.