Time Inc. Appoints Martha Nelson Editor-in-Chief

NEW YORK - (BUSINESS WIRE) - Time Inc. today announced the appointment of Martha Nelson to Editor-in-Chief. Ms. Nelson, who has been Editorial Director since 2010, will assume the top editorial position at Time Inc. in January 2013. She will become only the seventh Editor-in-Chief in the company's 90-year history and the first woman to hold the role.

"Martha is the ideal leader to step into this role at this point in our company's evolution," said Time Inc. CEO Laura Lang. "She is a creative thinker with a visceral understanding of the consumer. And as we move to a multi-platform strategy, her strong consumer focus along with her broad understanding of both print and digital media will help ensure we make that transition successfully. She is one of the most respected and influential leaders in the publishing business and I'm delighted she will be our next Editor-in-Chief."

"This is the most exciting time in our company's history and I'm thrilled to take on the role of Editor-in-Chief," commented Ms. Nelson. "We have a unique group of powerful brands led by talented and passionate people. Our commitment to journalistic excellence combined with our drive for innovation makes me confident in our future."