Industry Moves: Hearst CEO Victor Ganzi Stepping Down

This story was written by Rafat Ali.
Hearst, the media company which has made a number of major digital moves in the last few years even as its traditional businesses are bleeding, will have a management change at the top: Victor F. Ganzi is leaving as president and CEO, reports WSJ, citing sources, and is expected to be succeeded, at least on an interim basis, by former CEO Frank Bennack Jr., who stepped down in 2002. No reason was given for Ganzi's departure...more as we have more.

By Rafat Ali