BREAKING NEWS & VIEWS
Time, Inc. Names Joseph A. Ripp CEO
Monday, July 22, 2013
Time Warner Inc. announced today that Joseph A. Ripp will replace Laura Lang as Chief Executive Officer of Time Inc. Ripp, a former Time Inc. and Time Warner executive, is currently CEO of business information solutions company OneSource Information Services, Inc. Ripp will begin his new role in September.
In March, Time Warner announced plans for the legal and structural separation of Time Inc. from Time Warner through a spin-off. Following the separation, Time Inc. will be an independent publicly traded company.
Lang had advised Time Warner that she did not want to continue in the role following the spin-off.
Ripp began his media career at Time Inc. in 1985, and held several executive level positions there and at Time Warner over the course of nearly 20 years. He first joined Time Inc. as assistant comptroller and was elevated to SVP, CFO and Treasurer of Time Inc. in 1993. Ripp then served as EVP and CFO of Time Warner Inc. from 1999 to 2001, when he became CFO of America Online. In 2002, Ripp was named vice chairman of America Online where he oversaw advertising, technology, operations, marketing, human resources and legal until he left the company in 2004.
After leaving Time Warner in 2004, Ripp served as president and COO of Dendrite International, a provider of sales, marketing, clinical, and compliance solutions for the global pharmaceutical industry. From 2008 until 2010, he served as Chairman of Journal Register Co., owner of more than 50 newspapers and over 350 multi-platform products. In 2010, Ripp entered into a partnership with GTCR, a leading private equity firm, to form Cannondale Investments. In 2012, GTCR and Cannondale Investments acquired OneSource Information Services, Inc. where he assumed the role of CEO.
Ripp was a member of the Board of Directors of Greenfield Online until it was sold to Microsoft in 2007. He has also served on the Boards of Whittle Communications and American Express Publishing. He currently serves on the Board of Trustees of Manhattan College and the Board of Directors of the Advertising Educational Foundation. He also serves as Chairman of the Board of Lighthouse International in NY and an Emeritus Director of the Ad Council.
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