Alan Murray of Time Inc. sent out the following announcement on Friday afternoon:
Team,
I am pleased to announce that Adam Auriemma, who is currently the Editor of Money.com, will become the Editor-in-Chief of Money. He will now oversee all content for the brand across digital and print.
This reflects a new direction for the Money brand by emphasizing the importance of rapidly growing its digital scale and reach. Adam will oversee Money magazine with the help of the team at Fortune, which will provide creative, photo and production support.
Diane Harris is moving on to pursue other opportunities, including writing a book and launching a financial coaching business for women. We thank Diane for her 22 years of service to Money, the last two as Editor-in-Chief. Her work as a journalist, editor, consumer watchdog and brand advocate at Money leaves us with a strong foundation upon which to continue building. During her leadership, Diane integrated the print and digital staffs; developed brand extensions and partnerships; and launched successful franchises, including the Best Colleges ranking. In addition, the brand won a Loeb Award, the most prestigious honor in business journalism. Diane will be staying for a few weeks to complete the April issue of Money and help with the transition of leadership.
Since Adam joined Time Inc. in October, Money.com has achieved significant growth. In January, the site reached more than 10 million unique visitors—an all-time record and up 63% year over year (Omniture). Video streams reached a new high in January as well, reaching 3.5 million across all platforms, up 200% from the month before and up more than 400% year over year (Omniture, Brightcove, Facebook and Twitter). The site continues to innovate in its coverage of personal finance and the myriad ways money intersects with the lives and choices of our audiences. Adam, along with Money senior video producer Kate Santichen, also jointly oversees one of Time Inc.’s most exciting new initiatives: Coinage, a video-first brand covering personal finance across 22 of our sites.
In his new role, Adam will work with the other title chiefs and with the digital desks to make sure that Money’s category-leading personal finance coverage is available across Time Inc. He will continue to report to Edward Felsenthal, Digital Director for News & Lifestyle. Adam will also coordinate closely with Fortune Deputy Editor Clifton Leaf and his senior team to produce Money’s print edition. Paul Martinez, the Creative Director for Fortune and Money will continue to lead the combined art team for both brands, with Fortune’s Mia Diehl now serving as Photo Director for both titles.
Before coming to Money in October, Adam worked as Deputy Editor at Fusion, where he oversaw social justice coverage; Deputy Bureau Chief at The Wall Street Journal, overseeing management and careers coverage; and Managing Editor at The Daily Beast.
Please join me in congratulating Adam and wishing Diane well.
Alan
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