Time Inc names that guy Paul Caine with the ugly smile Prexy of new entertainment group

Time Inc CEO Ann Moore continues to put in place what will be her legacy when she is long gone from the company, even though her successor may come in and undo her doings. Time Inc. has created the Time Inc. Entertainment Group, an umbrella organization for the Entertainment Weekly and its Web site and the People group, and named Paul Caine as its president. Stephanie George, executive vp, Time Inc. announced the changes in a memo to staff.The reorganization is designed to help Time Inc. better leverage its entertainment properties with advertisers, George wrote in the memo. Another big paycheck the company has to cut that's all. Oh yeah and Dave Morris clearly left because he was passed over for the gig, or he can't stand Paul Caine, or both. Time Inc. Creates Entertainment Division: Caine Named President; Morris Exits EW [MW]