Media executive Norman Pearlstine is stepping down as Bloomberg LP‘s chief content officer, in order to take a similar position with Time Inc., reports Dan Primack of Fortune.
Primack writes, “This is a homecoming of sorts for Pearlstine, who served as editor-in-chief of Time Inc. from 1995 through 2005 (after more than two decades with The Wall Street Journal, and a short stint running Forbes). He later moved on to serve as a senior advisor to private equity firm The Carlyle Group, before joining Bloomberg in 2008.
“At the time, Bloomberg said of the newly-created CCO role: ‘Pearlstine is charged with seeking growth opportunities for Bloomberg’s television, radio, magazine, and online products and to make the most of the company’s news operations.’
“He is expected to have a similar mandate at Time Inc., which is eliminating its editor-in-chief role. That position has been filled since January by Martha Nelson, who will be leaving the company after more than 20 years (including as founding editor of In Style and editor of a group whose titles included People and Entertainment Weekly).”
Read more here.
