CEO Exits Underline Punishing Times for Publishers

The ouster of three magazine CEOs in the space of a week accented anxieties facing a magazine business still struggling to compete in a digital world.

The industry saw one high-profile executive change after another. First, Susan Lyne exited Martha Stewart Living Omnimedia, replaced by Wenda Harris Millard and Robin Marino in an unusual co-CEO structure. Then, Jack Kliger was kicked upstairs to chairman of Hachette Filipacchi Media, as its French parent, Lagard