Martha Stewart Extends Contract With MSLO

Lisa Gersh bumped up to CEO

Martha Stewart Living Omnimedia has extended its namesake founder's contract for another five years. Martha Stewart, who rejoined her company’s board last September after resigning as chairman in 2003, will have the titles of founder and chief creative officer. She will also remain MSLO’s non-executive chairman, a title she took earlier this summer.

As expected, president and COO Lisa Gersh has also been bumped up to CEO. Gersh, a co-founder of Oxygen Media, joined MSLO last June.

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