Spanfeller’s Resignation: The Internal Memo From Steve Forbes

We reported earlier on the resignation of Jim Spanfeller, CEO of Steve Forbes, the President and CEO of Forbes, wrote an internal memo (it is being sent to employees tomorrow morning), thanking Spanfeller for his contributions for the last nine years, and mentioning that he will start a new media management company “that will help other traditional media companies make the most of their enormous prospects in digital venues.”

To: All Hands
From Steve Forbes
July 16, 2009

Jim Spanfeller, President and CEO of has decided to step down from leading our website after nine years. In the entrepreneurial spirit that Forbes has always championed, Jim will be setting up his own media management company.

Describing his future plans Jim said,