Ahead of its disappointing first quarter financials, Time Inc. made a hire that its hoping could help turn things around.
The company announced it has brought on Dr. JT Kostman to the newly-created role of senior vice president/chief data officer. While Kostman doesn’t have publishing experience, he brings an impressive track record in consumer products to the company. His previous stops include Samsung, AIG and, most recently, Keurig Green Mountain. Kostman has also led several data initiatives for U.S. Intelligence, defense and security agencies, and for President Obama’s 2012 reelection campaign.
“We are thrilled to have someone of JT’s caliber and experience join our journey at Time Inc,” says Lynne Biggar, the company’s executive vice president of consumer marketing and revenue. "The breadth and depth of his knowledge over his successful and diverse career will ensure his tangible and immediate value. JT will work across our organization to ensure that our data capabilities elevate consumer marketing efforts, help to reinvent the advertising model and accelerate the growth of our adjacent revenue streams.”
Here’s the rest of this week’s people on the move:
Bob Newman has joined This Old House as creative director. Newman has worked at a number of high-profile publications over his career, including Real Simple, Entertainment Weekly, New York, Details, Vibe, and most recently, Reader’s Digest.
Carl Franzen has joined Popular Science as online director for PopSci.com. Franzen had been news editor for The Verge most recently.
Hearst Magazines International named Rudy Konyushkov its chief technology officer. Konyshkov will continue to serve as CTO of Hearst Shkulev Media, a joint venture between Hearst Magazines International and a Russian firm.
Joy Marcus was named general manager of digital video for Condé Nast Entertainment. Marcus was most recently CEO of Bloglovin’ and a venture partner at Gotham Ventures.
Kurt Fulepp was named general manager of Time Digital. Fulepp was previously vice president and head of product for AOL.com.