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Article: MEMO PAD: WENNER EYEING A SALE?...MAGAZINE MERRYMAKING.
- Article from:
- WWD
- Article date:
- December 6, 2005
- Author:
CopyrightCOPYRIGHT 2005 Conde Nast Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: Jeff Bercovici, Sara James
WENNER EYEING A SALE?: It's looking more and more like Wenner Media is not going to find a replacement for Kent Brownridge -- not just one, anyway. According to Wenner Media sources, it is all but decided that, when Brownridge steps down as vice chairman and general manager at the end of the year, his duties will be divided among several executives, likely including chief marketing officer Gary Armstrong and chief financial officer John Gruber.
There is, however, an external search going on, and the direction it's taking has sparked furious speculation about Wenner's future. According to two knowledgeable sources, ...