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Breaking News: Christie Hefner Out As Playboy Chairman, Will Leave CEO AND Board Posts As Well

This story was written by Staci D. Kramer.
Christie Hefner, CEO of Playboy Enterprises (NYSE: PLA) for the last two decades, is leaving the family business, stepping down as chairman today and as CEO Jan. 31, 2009. It looks like a complete break: she will leave the board when a new CEO is found. Effective immediately, board member Jerome Kern becomes interim non-executive chairman of the board. Release. More to come.

By Staci D. Kramer