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FEWER HEADS: Time Inc. last week rejiggered its News Business Unit, which includes Time, Fortune, Sports Illustrated and Money when it moved executive vice president John Squires out to a new assignment heading up digital initiatives. With Squires out, the division’s top two top executives — president Mark Ford and Vivek Shaw, who heads the group’s Web sales effort — now report directly to Time chief Ann Moore. The move struck some as a power play by Moore to take more direct control over core company titles, while the Wall Street Journal’s Web site reported clashes among the News group’s top executives lead to the change. Indeed, some insiders said there were too many executives trying to take charge. And with Squires moved aside, Thursday brought more changes to the fold, with Andy Blau, who is the chief executive of Life.com and worked in corporate sales, returning to the News group as senior vice president, and group general manager. Blau has previously worked with the news titles among his many roles at Time. He succeeds John Reuter, who will be moved to Time’s corporate strategy and development department.
— Stephanie D. Smith
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