Former Dow Jones President Expected To Join Time Inc. Atop News and Sports

Company Still Settling on New Publisher for Time Magazine

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Time Inc. is expected to name former Dow Jones executive Todd Larsen to lead its news and sports brands, according to people familiar with the company's plans.

Todd Larsen
Todd Larsen

Mr. Larsen served as president of Dow Jones, the publisher of The Wall Street Journal and MarketWatch, from January 2010 through June 2012. He left after the company brought in Lex Fenwick to fill the CEO vacancy created when Les Hinton resigned amid the phone-hacking scandal at News Corp.

A Time Inc. spokeswoman declined to comment. Mr. Larsen did not respond to requests for comment.

Mr. Larsen is expected to join Time Inc. -- the publisher of magazines including Time , People, Fortune, Sports Illustrated, Entertainment Weekly, Essence and InStyle -- overseeing both the news and sports groups, which have been separate operations since December 2010.

Laura Lang, Time Inc.'s CEO since January, has been methodically developing her plans for the company, bringing in Bain & Co. consultants to guide a process of consulting with employees and developing priorities.

The company still seems to be settling on a new publisher for Time , part of Mr. Larsen's expected portfolio. Publisher Kim Kelleher left in July to run the blog network Say Media. Candidates to succeed her include Leslie Picard, currently president of Time Inc. Branded Solutions.

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