David Carey Stepping Down As President Of Hearst Magazines
David Carey, the president of Hearst Magazines since 2010 and the architect of some of the most successful magazine launches at that company in recent decades, is stepping down at the end of the year, according to the company.
Carey will serve next year as a fellow at the Harvard Advanced Leadership Initiative, a program designed to give business, government and other leaders a platform for social-impact initiatives.
“Under David, we have become a preeminent global digital publishing company while continuing to launch innovative print editions,” CEO Steven Swartz said in a memo to employees this morning. “Over the next few months, while continuing to run the group, David will help select the next leader of our magazine company. This kind of orderly transition is a hallmark of Hearst Magazines.”