A memo from Fortune managing editor Andy Serwer and Time managing editor Rick Stengel posted on the Romenesko site announces that Peter Gumbel and Bill Powell will write for the business magazine and sister publication Time going forward.
Serwer and Stengel write, “Peter and Bill know the two magazines intimately, having worked for both as senior writers, and both magazines stand to be enriched by their truly global perspectives on business, politics and culture.
“Gumbel, a senior writer and the Europe Editor at FORTUNE, spent more than five years at TIME before joining FORTUNE as Europe editor in 2007. He spent 16 years at the Wall Street Journal prior to his near five-year-run at TIME, working in New York, Moscow, Paris, Berlin, and Los Angeles, where he served as the paper’s bureau chief for four years. He will continue to be based in Paris for FORTUNE and TIME.
“Powell is a senior writer for TIME in Shanghai. Prior to current his post, he was Chief International correspondent for FORTUNE based in Beijing and then New York. He also served as Newsweek bureau chief in Moscow, Berlin and Tokyo.
“We think readers of FORTUNE and TIME will benefit tremendously from the in-depth journalism these seasoned veterans will bring to both publications.”
Read more here.Â