Cotillard's Paris Ascent... Making Their Marc... Leaving Money...

Marion Cotillard, who won an Oscar for her portrayal of French songbird Edith Piaf in "La Vie en Rose," was taken high above Paris for her latest role.

View Slideshow
LEAVING MONEY: Eric Schurenberg, the managing editor of Money, was removed from that post Thursday in a move that a memo from John Huey linked to “the sweeping changes our company is undergoing.” It is the highest-level editorial cut made at Money parent Time Inc. since the company said it would restructure and cut several hundred jobs at an estimated cost of around $100 million. The cost will appear in its fourth-quarter earnings statement. Jeff Bewkes, Time Warner’s chief executive officer, said the layoffs will save the company $150 million, beginning next year. A successor to Schurenburg is expected to be named next week, and sources close to the magazine pointed to Schurenberg’s deputy, Craig Matters, as a prime candidate. Schurenburg won a Gerald Loeb award for Excellence in Business Journalism and a National Magazine award for Personal Service, and during the four years he edited Money, the title saw both a redesign and the exits of several top editors.

— I.C.


View Slideshow
Page:  « Previous
load comments


Sign in using your Facebook or Twitter account, or simply type your comment below as a guest by entering your email and name. Your email address will not be shared. Please note that WWD reserves the right to remove profane, distasteful or otherwise inappropriate language.
News from WWD

Sign upSign up for WWD and FN newsletters to receive daily headlines, breaking news alerts and weekly industry wrap-ups.

getIsArchiveOnly= hasAccess=false hasArchiveAccess=false