More personnel moves at the Financial Times: Barely a week after the business newspaper said it was laying off 80 staffers, the company is promoting Greg Zorthian as its president of the Americas. Zorthian will add those duties in addition to his responsibilities as global circulation director, a post he assumed in July 2007. A few days ago, FT said it was promoting Andrew Sollinger to managing director of US commercial operations, which include the FT and online news and commentary site Money-Media, from his role as MD of the opinions site. As a result of the reorg, US president Steve Howe has left the company.
As for Zorthian, he has held executive posts at Forbes, Time Inc. and Magellan Media Consulting Partners. He's also served as general manager of Time and Fortune magazines and directed online operations for McGraw-Hill's BusinessWeek. As Forbes' VP of business development, Zorthian was a co-founder of Forbes.com. A release from the FT said Zorthian helped build Forbes.com by having a hand in its early acquisitions, joint ventures and partnerships.
By David Kaplan