Will Rick Smith’s Replacement Bring New Webergy to ‘Newsweek’?Newsweek CEO Rick Smith only privately announced that he was stepping down yesterday, but Jeff Bercovici already has the memo. And you thought disgruntled ex-Journal reporters were the only things flying into Portfolio’s hands! Quoth the missive:
Effective the first of the year, I’ll give up most of my many titles and step back into the singular role of Chairman. That transition will allow me to devote more time to a lengthening agenda of corporate and non-profit board work, but also to remain actively engaged at the magazine as well.