Time Inc.'s Lalli exits

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Time Inc. Senior Executive Editor Frank Lalli, 56, resigned. Mr. Lalli had been assigned to the new post, where he was to explore international expansion oppportunities for Time Inc. magazines, in January after eight years as Money managing editor. Mr. Lalli explained what excites him is "the day- to-day operation of running a magazine," and said he is leaving Time to "figure out what the next right step should be." In April, he completed a term as president of the American Society of Magazine Editors.

Copyright July 1998, Crain Communications Inc.

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