ForbesLife names new exec editor

Forbes announced Wednesday that Lorraine Cademartori has been promoted to executive editor of ForbesLife magazine. In this position she is responsible for the editing and writing departments, features, and she oversees the magazine’s editorial production. She had served as the managing editor of ForbesLife since 1998. “Lorraine plays a pivotal and perpetually multitasked role at […]

Nalley named editor of ForbesLife

Forbes announced Wednesday that Richard Nalley has been named the new editor of ForbesLife, the luxury lifestyle and culture bi-monthly magazine published by Forbes. In this new position, he will be responsible for all content of the magazine. Nalley has been with ForbesLife (formerly Forbes FYI) since 2001, and he was most recently a senior […]

What the cutbacks in biz mags mean

Nat Ives of Advertising Age writes about the job and issue cuts occurring at the top three business magaiznes — BusinessWeek, Forbes and Fortune. Ives writes, “The job cuts, another buyer said, won’t help in that effort. ‘By cutting their staff in any significant way, they’re really hurting the product in the long run,’ said […]

Details of Forbes layoffs emerging

A number of different stories online have details of the editorial layoffs occurring at Forbes magazine. Jeff Bercovici of DailyFinance.com reports, “And they haven’t been limited to New York staffers: One of the highest-ranking victims I’ve heard about so far is Anita Raghavan, who left The Wall Street Journal last year to become the magazine’s […]

Large cuts in Forbes editorial

David Carr of The New York Times reports Wednesday that the job cuts at Forbes may be as many as 40 editorial staffers. Carr writes, “Depending on how you count, there are about 200 editorial employees at the magazine. And depending on who you talk to, at least 40 people could be cut, while one […]

Forbes magazine makes layoffs

Stephanie Clifford of The New York Times reports that Forbes is making an unspecified number of layoffs in its editorial and business sides. Clifford reports, “The announcement was made in an internal memorandum sent Monday afternoon by Steve Forbes, the company’s chief executive and editor in chief of the magazine. ‘We — and the entire […]

CEOs and awards from the biz press

Two business school professors have discovered that CEOs who win awards from business magazines tend to underperform their peers. Elizabeth O’Sullivan from Corporate Board Member writes, “That’s the word from two professors who studied the performance of CEOs presented with accolades by the likes of BusinessWeek, Chief Executive, Forbes, IndustryWeek, Time/CNN, and Electronic Business Magazine. […]

Forbes losing senior tech editor

Betsy Corcoran, the executive editor of technology for Forbes magazine, is leaving to start a company that will aim to bring more technology into classrooms, writes Ryan Tate of Gawker. Tate writes, “She tells us her departure is ‘really and truly about my passion for education and technology’ — and not the relentless rounds of layoffs […]

Forbes confuses net worth with GDP

Eddy Elfenbein, writing on Crossing Wall Street, gives Forbes magazine his economic illiteracy prize for comparing the net worth of the richest individuals to the gross domestic product of countries. Elfenbein writes, “Ok class, turn to page 208 of N. Gregory Mankiw’s Principle of Macroeconomics for a definition of gross domestic product: Gross domestic product […]

Forbes.com names new president

Michael Smith has been named president of Forbes.com, according to a memo obtained by ClickZ News. Anna Maria Virzi writes, “Smith, who came to Forbes.com in 2000 as chief technology officer, rose through the ranks at the business Web site. ‘In his new role, Mike will have responsibility for all aspects of the operational management […]