Time Inc. Names CFO, Quietly Drops 'Magazines' From Announcements
Imagining a magazineless Time Inc.
Via the Revolving Door:
May 21, 2007: Howard Averill has been named chief financial officer at Time Inc. He had been executive vice president and chief financial officer at NBC Television Group. (release)
Why this is important? There’s mounting speculation and pressure from investors for Time Warner to sell Time Inc., and Averill would be a key player in any sale. Plus, check out the “digitizing” of language in Time Inc. press releases, namely, the subtle omission of the word “magazines”:
HOWARD AVERILL NAMED CHIEF FINANCIAL OFFICER OF TIME INC.
WORK SMARTER - LEARN, GROW AND BE INSPIRED.
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