Trachtenberg writes, “The 88-year-old magazine, which first published months after the 1929 stock-market crash, continues to carry weight with business elites, reflected in the attention paid to rankings such as the Fortune 500, special issues like ‘World’s Most Admired Companies’ and cover profiles of prominent chief executives.
“‘Our vision is to establish Fortune as the world’s leading business media brand,’ Mr. Chatchaval said in a statement provided by Meredith. ‘With further committed investment in technology and brilliant journalism, we believe the outlook for further profitable growth is excellent both for the publication and the events business.’
“Mr. Chatchaval serves on the board of a number of publicly traded companies, including True Corporation Public Co., a Thai telecommunications company.
“Alan Murray, who will continue to serve as Fortune’s president and is adding a new role as chief executive under the new ownership, said Mr. Chatchaval is part of the family that owns Charoen Pokphand Group, a Thai conglomerate.”
Read more here.
Former CoinDesk editorial staffer Michael McSweeney writes about the recent happenings at the cryptocurrency news site, where…
Manas Pratap Singh, finance editor for LinkedIn News Europe, has left for a new opportunity…
Washington Post executive editor Matt Murray sent out the following on Friday: Dear All, Over the last…
The Financial Times has hired Barbara Moens to cover competition and tech in Brussels. She will start…
CNBC.com deputy technology editor Todd Haselton is leaving the news organization for a job at The Verge.…
Note from CNBC Business News senior vice president Dan Colarusso: After more than 27 years…