return Home

David Carey stepping down as president of Hearst Magazines

David Carey, the president of Hearst Magazines since 2010 and the architect of some of the most successful magazine launches at that company in recent decades, is stepping down at the end of the year, according to the company.

Carey will serve next year as a fellow at the Harvard Advanced Leadership Initiative, a programme designed to give business, government and other leaders a platform for social-impact initiatives.


David Carey ()


“Under David, we have become a preeminent global digital publishing company while continuing to launch innovative print editions,” CEO Steven Swartz said in a memo to employees this morning. “Over the next few months, while continuing to run the group, David will help select the next leader of our magazine company. This kind of orderly transition is a hallmark of Hearst Magazines.”

Read the memo

Dear Colleagues,

Some news to share today: This week we will start a long-planned succession process at Hearst, as I will step down from my current position as head of Hearst Magazines at year end and move into a chairman’s role for 2019.

For some time, I have shared with Steve Swartz my goal to retire as president of Hearst Magazines in 2019 after serving for nearly nine years. I will be working with Steve, Frank, Mark and our Board on the succession process, which will conclude in the coming months.

For those who have patiently endured my discussions about “doing well by doing good”-which Hearst so embodies-you won’t be surprised by my plans for 2019: In addition to helping my successor take charge of our complex business, I will become a Fellow in the Harvard Advanced Leadership Initiative, a cross-University program designed around social impact, taught by professors from the graduate schools of business, education, health, law, policy, and more. This will place me in a unique academic environment in Cambridge during the spring and fall (more about ALI here).

I have learned so much since I re-joined the company in 2010 and have been fortunate to be part of the very special Hearst culture, to serve with Steve, Frank and other executives at the corporate level, and to work alongside so many talented people in the global magazine company.

I’m proud of our collective performance during a period of broad media sector change. Thanks to you, we have outperformed our peer set, completed acquisitions large and small, constantly reimagined our print business models, built a highly profitable digital business, launched many new joint ventures, more firmly linked our U.S. and international owned-and-operated units, and further diversified our B2B operating companies.

Of course, 2019 and this transition is still a long way off, and today it’s 100% business as usual, as we focus on wrapping up another good year for Hearst Magazines’ units around the world.

Thank you,
David Carey

More like this

Hearst completes acquisition of Rodale magazine media brands

Hearst’s global president of digital on the evolution of lifestyle brands online

How Seventeen helps teens engage in social activism’s new digital director on embracing innovation, ambitious storytelling and ‘keeping things in motion’

  • Behind The Economist's first graphic novel on Instagram

    A couple of weeks ago, The Economist published a graphic novel on Instagram, called "Data Detectives". The production of the piece was a group effort involving Oliver Morton, senior editor and briefings editor; Jon Fasman, Washington DC correspondent; Rob Gifford, Britain correspondent, Stephen Petch, art director, Ria Jones, digital and social media picture editor, Ben Shmulevitch, editorial designer; Matt Withers, graphic designer and Simon Myers, freelance graphic designer and illustrator. 

    9th Jul 2018 Features
  • Can slow journalism march on… slowly?

    As news cycles speed up, 'slow' journalism seems to be slowing down. These days, to don the robe of a slow journalist, deadlines - and even scoops - are negated in seeking out accuracy, proportionality, fairness and, it seems Pulitzer prizes. An employer that can afford to pay a journalist an annual salary to tell one in-depth story  a year may come in handy too.

    9th Jul 2018 Features
  • Hearst UK launches new digital metric to demonstrate content engagement quality for commercial partners

    Hearst UK has launched a new metric to demonstrate the engagement quality of digital branded content for its commercial partners.

    9th Jul 2018 Insight News
  • Gruner + Jahr launches Gala in Greece

    Gala is now available, through a license agreement, as a weekly supplement to the Sunday edition of Greek newspaper Proto Thema. The editor-in-chief is Jenny Agiandriti, who previously served as editor-in-chief of the Greek editions of Thema People and Grazia. 

    9th Jul 2018 Launches
  • Take part in the Distripress Circulation Monitor 2018 survey

    The Distripress Circulation Monitor (DCM) is in its fifth year. The report is commissioned by Distripress, the international press distribution organisation, to provide companies involved in the cross-border sales of newspapers and magazines, with quality insight in to the performance of the global market for press distribution and the factors affecting trading. 

    9th Jul 2018 Insight News
Go to Full Site