Duncan Edwards, president and CEO of Hearst Magazines International, and current chairman of FIPP, has announced he is to leave the company after 27 years.
In a post on LinkedIn, Edwards said: “I have had a wonderful 27 years with this great company but have concluded that the time is right for me to start the next chapter in my life.”
Edwards will remain at Hearst until 30 June, after which he will continue to be available as an advisor to the company over the next six months.
David Carey, president of Hearst Magazines, said of the announcement: “After more than two decades of important contributions to Hearst, Duncan Edwards has announced that he is leaving the company. Duncan’s lasting innovations and achievements in his 27 years at Hearst include heading our UK operations during a period of strong growth; leading the game-changing Lagardère acquisition in 2011 and integrating those properties with our existing Hearst operations in many markets; launching multiple media businesses all over the world and laying the foundation for HMI’s recent double-digit growth in digital audience.”
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