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CEO Gersh packing her bags at Martha Stewart; Profitability Still Elusive

December 19, 2012
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Martha Stewart Living Omnimedia CEO Lisa Gersh is expected to announce her resignation, possibly as early as this week, just five months after she was elevated to the top job.

The struggling company is said to be weighing a new strategy in an attempt to transform itself into one more focused on merchandising across a range of products.

For months, there also has been talk of tension between Gersh, an experienced media executive, and the company’s namesake founder and chief creative officer.
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Martha Stewart Extends Employment Agreement With MSLO for an Additional Five Years
July 10, 2012 From Publishing Business Today
Martha Stewart Living Omnimedia, Inc. today announced that Martha Stewart has extended her employment agreement with the Company until June 30, 2017. The agreement names Stewart Founder and Chief Creative Officer. Stewart continues to serve as Non-Executive Chairman of the Board.
 
Martha Stewart, Founder and Chief Creative Officer, Extends Employment Agreement for an Additional Five Years
July 10, 2012 From Publishing Business Today
NEW YORK, July 10, 2012 -- Martha Stewart Living Omnimedia, Inc. (NYSE: MSO) today announced that Martha Stewart has extended her employment agreement with the Company until June 30, 2017. The agreement names Stewart Founder and Chief Creative Officer. Stewart continues to serve as Non-Executive Chairman of the Board.
 

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