NEW YORK, Oct 17 (Reuters) - Norman Pearlstine, Time Inc.'s editor-in-chief for eleven years, will step down at the end of this year, when he will be succeeded by editorial director John Huey.
Pearlstine, 63, will remain with Time Inc. parent Time Warner Inc. (TWX.N: Quote, Profile, Research) as a senior adviser and will continue work on a book scheduled to be published in 2007, the company said on Monday.
Time Inc. said Pearlstine had revived core magazines and launched several successful new ones for the company, which is among the world's largest magazine publishers. He won numerous industry and journalism awards.
Pearlstine had also managed the business side of Time Inc. International, as well as the company's online and television operations from 1996 through 1998. Prior to Time, Pearlstine spent 23 years at Dow Jones & Co. (DJ.N: Quote, Profile, Research), including nine years as managing editor of The Wall Street Journal.
Huey, 57, has been editorial director since 2001, overseeing weekly magazines Time, Sports Illustrated, People, Entertainment Weekly and Life, Fortune, Money and Business 2.0. Huey was listed as one of the "Top 10 Magazine Editors in the Country" by the Columbia Journalism Review.
Huey joined Fortune in 1988. In 1992, he co-authored "Sam Walton: Made in America", the autobiography of the late founder of Wal-Mart.
