Troy Young will succeed David Carey as president of Hearst Magazines following Carey’s announcement last month that he is stepping down from his role after eight years at the helm. In his new position, Young will oversee Hearst Magazines’ global business which includes over 300 print titles and 240 digital brands.
Carey is moving into a chairman position for the division until the end of 2019, and is taking on the role of fellow at Harvard University’s Advanced Leadership Initiative starting in January. Both moves are effective immediately.
Since 2013, Young served as president of Hearst Magazines Digital Media where he was tasked with leading the brand’s digital operation. In addition, he developed a proprietary platform, MediaOS, which is currently used across Hearst’s portfolio to grow audience and revenue for magazine brand sites. No one has been named yet as his replacement.
Hearst president and CEO Steven R. Swartz said in a statement that Young “brings great skill and enthusiasm to this new challenge, leading our global magazine brands, in print and digital form, to ever higher levels of editorial and commercial excellence.”
Prior to joining Hearst, Young served as president of Say Media, and before that, held executive titles at Omnicom’s Organic where he was responsible for leading strategy, client development, and creating platforms and campaigns for clients.
Currently, Young also serves on the boards for the Interactive Advertising Bureau, Digital Content Next, and United Way of New York City.
“Our powerful brands are part of consumers’ daily lives on every medium, from print to voice to video, and we’re serving consumers and marketers with increasing engagement and precision across platforms,” says Young. “David has been and will continue to be an important advisor, and I’m happy to have his guidance and institutional knowledge as I take on this new role.”