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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