Time Inc.'s Lang Announces Shakeup

Outlines growth strategy for publisher

Time Inc.’s Laura Lang today bumped up Paul Caine to the role of group president, signaling an emphasis on global growth at a company facing a tough business climate.

Caine, who has quickly established himself as CEO Lang’s right-hand man, continues as chief revenue officer, a role he got under Lang's short-lived predecessor Jack Griffin. And while he won’t get any new direct reports, he will have a global mandate as well as a “clear authority to steer our advertising product road map,” Lang wrote in an internal email sent out following a quarterly management meeting of the company’s top couple hundred executives.

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