Crain’s New York editor ousted

TALKING BIZ NEWS EXCLUSIVE

Xana Antunes, the editor of Crain’s New York Business, has been fired. The termination occurred in Monday, according to people familiar with the situation.

She has been replaced on an interim basis by managing editor Glenn Coleman, although Coleman is considered to be a top candidate for the position.

Antunes, formerly executive editor of CNNMoney.com and editor of the New York Post, took over the position on October 2008 from longtime editor Greg David, who remains a columnist and blogger for the paper in addition to teaching at the CUNY Graduate School of Journalism.

In a statement to Talking Biz News, Crain’s New York publisher Jill Kaplan stated, “Rance Crain, owner and editor-in-chief, made the decision he wanted and we needed a change in leadership for a shift in direction for Crain’s New York. We thank Xana for her contributions.”

UPDATE: Antunes declined to comment when reached by Talking Biz News, saying she was still negotiating her severance. Coleman also declined to comment.

Antunes was executive editor of Fortune and CNNMoney.com, and oversaw the development and integration of online versions of Time Inc.’s financial publications, including Fortune, Money, Fortune Small Business and Business 2.0 under the CNNMoney umbrella. From 1999 to 2001, she was editor of the New York Post, where she ran the daily and Sunday editions.

She rose up through the ranks of the paper, having been named deputy editor in 1998, business editor in 1996 and deputy business editor in 1995. Antunes moved to New York in 1993 as a foreign correspondent.

Coleman was editor of Financial Week, a Crain publication that closed in 2009. Before that he was at Popular Science where he was deputy editor. Previously, he had been assistant managing editor of Money. Both magazines are published by Time Inc.

Prior to joining Money in 1999, Coleman led the launch of InvestmentNews, a weekly newspaper for the financial advisory business published by Crain Communications. He joined Crain in 1990 as features editor of Crain’s Chicago Business, and served as managing editor before joining InvestmentNews as editor.

Crain’s New York has won numerous SABEW Best in Business, Alliance of Area Business Publications and Neal awards in the past three years under Antunes.