Longtime Time deputy managing editor Adi Ignatius has left the magazine to become editor-in-chief of Harvard Business Review. Ignatius [pictured] replaces Thomas Stewart, who left the magazine last June.

Before becoming deputy managing editor, Ignatius served as executive editor and was responsible for the magazine’s business and international coverage. Overall, he spent 12 years at Time.

Harvard Business Review also announced an expected redesign of its Web site, hbr.org, coming in the next few weeks. The magazine also is set to launch a tiered subscription offering including an online-only option with full access to the magazine’s digital archive, the company said.