Ann Moore meet Susan Lyne, your potential successor?

Time Inc CEO Ann Moore is on her last tour as Time Inc CEO and one name keeps popping up as her potential successor, Susan Lyne, the sharp Prexy of Martha Stewart Living Omni Media (MSO). But we have to ask is Lyne's name on soon to be Time Warner CEO Jeff Bewkes's list as well, or is this all media play? Lyne seems to be the ultimate favorite to be the next Time Inc Queen but would she even interested in the gig? We think s. There is no doubt that she loves the idea of running the world's biggest magazine publisher. Then again with the current situation MSO finds itself in, we're not sure if her star is shining bright enough to attract Bewkes's attention right now. Is Martha Stewart washed up? Wall Street says yes.Investors have pummelled the shares of Martha Stewart Living Omnimedia (MSO.N), which are down 40% since the middle of last December, while the broader stock market, as measured by the S&P 500 Index ($US:INX), has gained 8%. It's not just a question of shareholders being tired of stars-and-stripes cupcakes and perfectly coordinated window dressings. As they tend to, investors are merely reacting to bad numbers. "Her appeal does not seem to be dropping," Martha Stewart Living Omnimedia Chief Executive Susan Lyne said in an interview last week. In fact, the company is so confident in her staying power, it recently reiterated projections that it will book a profit for the year -- despite nothing but losses so far -- because of impressive strength in merchandise sales through new channels in the coming months. "Everyone here is incredibly excited about the momentum the company has," says Lyne. Has the public soured on Martha Stewart? [MSN]