Is Time Inc's Content Chief Norm Pearlstine In Negotiations to Step Aside?
A spokesperson for Time Inc. noted that Pearlstine would not be leaving the company entirely, but did not specify a future role: “As a public company, our Board of Directors is required to evaluate succession plans for all key managers. If you wrote that we made a succession decision for Norm Pearlstine, you would be wrong. There is no discussion about Norm leaving the company.” Someone close to the situation, however, noted that Pearlstine and Ripp had been devising this transition for months, and that Pearlstine’s future role will focus on Time Inc.’s international business prospects. (Pearlstine's total compensation for 2015 was $2.3 million.)[post_ad]
Is Time Inc's Content Chief Norm Pearlstine In Negotiations to Step Aside?
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June 10, 2016
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