Business News
HEARST CORPORATION ADDS THREE EXECUTIVES TO BOARD OF DIRECTORS
Friday 01. April 2011 - Hearst Corporation today announced that three executives have been elected to its Board of Directors: David Carey, 50, president of Hearst Magazines; Michael Clinton, 57, president, marketing and publishing director, Hearst Magazines; and Duncan Edwards, 47, president & CEO, Hearst Magazines International. The announcement was made by Frank A. Bennack, Jr., CEO of Hearst Corporation, and George R. Hearst, Jr., chairman of the Board of Directors of Hearst Corporation.
“David, Michael and Duncan are all media industry veterans with deep insights into not just building and growing magazine brands, but establishing a wide range of media enterprises,” Bennack said. “As board members, their know-how and vision will benefit the long-term success and expansion of Hearsts diverse businesses around the world.”
With this election, there are now 22 members of the Board of Directors, elected by the trustees of The Hearst Family Trust.
Carey rejoined Hearst Magazines as president in 2010. His experience at Hearst dates back to 1987 when he started at the company in a business development role. He went on to become marketing director for Cosmopolitan and founding publisher of SmartMoney magazine, a joint venture between Hearst and The Wall Street Journal. From 2008 to 2010, Carey was group president at Condé Nast, where he oversaw that companys media properties targeted to business and executive audiences. Carey led the print/digital startup of Portfolio and Portfolio.com and before that, he was vice president and publisher of the The New Yorker.
Clinton was named president, marketing and publishing director in June 2010. Formerly, he was the executive vice president, chief marketing officer and publishing director of Hearst Magazines since January 2001. Clinton joined Hearst in October 1997 as senior vice president, chief marketing officer, and added group publisher responsibility for five titles in 1998. Prior to his time at Hearst, he was executive vice president of Condé Nast, and before that, senior vice president of group sales and marketing. He was publisher of GQ magazine and served Fairchild Publications in both editorial and advertising management positions.
Edwards was named president and CEO of Hearst Magazines International in January 2009. Prior to that, he had been chief executive of Hearsts National Magazine Company Limited, which publishes 20 magazines in the United Kingdom, since 2005. Edwards joined NatMag in 1989 and has served in various executive roles since then, including publisher of Company magazine, director of business development and managing director of the group. He spent the early part of his career at Media Week Ltd.