Robert L. Berner III
That's not to say Ms. Berner is anything but an absolute get; as the former CEO of Fairchild Publications, she has experience, connections and savvy that puts most magazine executives to shame. But it's Ripplewood Holdings that wants to install her at Reader's Digest Association once it completes buying the company -- and it's Ripplewood Managing Director Robert L. Berner III who can call her his big sister.
Ms. Berner hasn't returned calls or e-mails from Advertising Age since Nov. 27, when the Delaney Report first said she was on tap to take the CEO spot.
The CEO job, not incidentally, is currently occupied by Eric Schrier, the same Eric Schrier who talked up the Ripplewood acquisition Nov. 16. In a statement, he pronounced it a "great opportunity" for Reader's Digest Association employees, then announced his eagerness to work with the new owners.
The same statement included Ms. Berner's brother saying, "We look forward to working with the Reader's Digest team." It is unclear whether any of that work happened at Thanksgiving dinner.
Spokesmen for Reader's Digest Association and Ripplewood both declined to comment.