Business 2.0 magazine named Philip Elmer-DeWitt, a longtime Time Inc. journalist, as its new executive editor, starting next week, according to a release.
Business 2.0, which is also owned by Time, publishes one of my favorite pieces of business journalism — the 101 Dumbest Moments in Business — every year. In 2006, the magazine reported ad revenue of $48.7 million, down about 1 percent from 2005. Its ad pages were down 5.1 percent to 755.77.
Previously, Elmer-Dewitt worked at Time, where he was most recently an assistant managing editor.
Elmer-DeWitt has been covering science and technology for Time since he reported a cover story on computer â€œWhiz Kidsâ€? in 1982. He became a staff writer in 1983, a senior writer in 1993, a senior editor in 1994 and an assistant managing editor in 1997. He started two new sections in the magazine â€” Computers (1982) and Technology (1987) â€” and in 1994 helped launch Time Online (now Time.com), Americaâ€™s first interactive weekly newsmagazine. In January 2002 was promoted to sciences editor, directing Timeâ€™s coverage of science, medicine, space and the environment.
“Thrilled is an often-used term about new hires but in this case it couldnâ€™t be more appropriate. There are few journalists with as much experience covering the Internet and technology as Phil. I couldnâ€™t be more excited to be working alongside him again. He is a great addition to Team B2.0,” said Business 2.0 editor Josh Quittner in the release.