Lucia Moses of MediaWeek reports that John Donnelly has been named the new publisher for Money magazine — the third in the past year — and will begin on Aug. 4.
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“Money previously was sold by Mike Dukmejian as part of Time Inc.’s Business and Finance Network, which included Fortune, CNNMoney.com and the now-defunct Business 2.0. Dukmejian left Time Inc. when the network was partially disbanded last fall.
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“Money’s ad pages were down 2 percent to 464 so far this year through its August issue, per the Mediaweek Monitor, after tumbling 17 percent to 799 last year.”
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