Shakeup at Hearst

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D. Claeys Bahrenburg is out as president of Hearst Magazines. He will be succeeded by Cathleen Black, 51, most recently president-CEO of the Newspaper Association of America. She has also served as publisher of USA Today and of New York magazine.

Mr. Bahrenburg had been under intense fire from the ad community over the controversial plan unveiled earlier this year to chop rate bases on all Hearst magazines by an average of 10% while boosting ad prices 5%. Hearst said Mr. Bahrenburg resigned to pursue other interests; Ms. Black will assume her new duties in January.

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