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About.com CEO Meyer stepping down

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New York—Scott Meyer, CEO of information and advice Web site About.com (which is owned by the New York Times Co.), announced Wednesday that he will be leaving the company March 6. Martin Nisenholtz, senior VP-digital operations for the Times Co., and Ron McCoy, CTO of the About.com division, will run the Web site on an interim basis. Diane McNulty, a spokeswoman for Times Co., said the company will look internally and externally for a successor to Meyer. Times Co. bought About.com from Primedia for $400 million in 2005. The About.com division had $102.7 million in revenue last year, up 28% from 2006, and $34.7 million in operating profit, up 12.6%.
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