It’s Official: Jack Griffin Joining Time Inc. As CEO Next Month

Following last week’s news leak, here’s the official word… Jack Griffin, who stepped down as Meredith’s National Media Group president last week, will succeed Ann Moore as Time Inc. (NYSE: TWX) CEO, the company announced. He’ll join Time Inc. at the end of September, while Moore, who will retire after 32 years at the company, will remain as chairman only “through the transition,” which is likely to be through the end of the year. At that point, Griffin will add chairman to his title.

In a statement, Time Warner CEO Jeff Bewkes thanked Moore for her service and for helping to recruit Griffin. Bewkes praised Moore as a “visionary in digital,” proving to “readers and advertisers that there is great value in both the old and the new publishing formats.