Time has named Forbes chief operating officer Jessica Sibley as chief executive of the media company, reports Joseph De Avila and Alexandra Bruell of The Wall Street Journal.
De Avila and Bruell report, “Ms. Sibley is taking over Time’s business operations from current chief executive Edward Felsenthal, who will retain his role as editor in chief of the publication, the company said Monday. Mr. Felsenthal will also become executive chairman of the company, Time said.
“Mr. Felsenthal, a former Wall Street Journal editor who was a part of the team that launched the Daily Beast, has been chief executive of Time since 2018. He was the first chief executive of the company after Salesforce.com Inc. co-founder Marc Benioff and his wife Lynne Benioff purchased the company from Meredith Corp. four years ago.
“Ms. Sibley joins Time from Forbes, where she worked as chief operating officer. The media executive has also had stints with The Wall Street Journal, Bloomberg and Condé Nast. She will officially start her role as chief executive on Nov. 21, Time said.”
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