Today, Time Inc. announced that Meredith Long has been promoted to group publisher of Time, Fortune and Money. In this role, Long will oversee sales, marketing, as well as all other revenue initiatives.
Long was previously serving as publisher of Time, where she reportedly grew revenue across the brand—including its print magazine. During her tenure she also launched an in-house creative studio, Stich. She was also instrumental in launching Time Inc.’s new Millennial-focused site Motto.
In a company memo, EVP Evelyn Webster said this about Long: “Her leadership and energy at Time have been infectious, and I look forward to watching her bring those strengths to Fortune and Money.
Also promoted today was Jorg Stratmann, who will serve under Long as associate publisher.
None of this likely comes as good news to now-former Fortune and Money publisher, Eric Danetz. In the announcement the company says Danetz is leaving the role but “is considering positions inside and outside of Time Inc.”
Last year in February, Time Inc. revealed similar ambiguous reorganization news when it announced Henry Goldblatt was taking over as Entertainment Weekly’s editor-in-chief, without further information on the status of then-EIC, Matt Bean. Days later the company named Bean senior vice president of editorial innovation.