New York—Forbes Media has hired Randall Lane to be editor of Forbes. Beginning in September, he will report to Lewis DVorkin, Forbes Media's chief product officer. Lane succeeds Bill Baldwin, who stepped down last year to become the magazine's investment strategies editor. Lane, 43, most recently was editor-at-large of Newsweek and the Daily Beast. Before that, he was a reporter, staff writer and Washington bureau chief at Forbes.
“While many moan about the decline of print, Randall understands the great opportunities Forbes magazine offers by working hand-in-glove with Forbes.com, our website,” said Steve Forbes, editor-in-chief of Forbes and chairman of Forbes Media, in a statement.