New TIME Team

For TIME INC., publishers of TIME, LIFE, FORTUNE, SPORTS ILLUSTRATED, ARCHITECTURAL FORUM and HOUSE & HOME magazines, 1959 was a year of unprecedented growth. Its magazines registered a total circulation gain of 605,436 to 11,485,901 and, together with other TIME INC. properties, produced a record-breaking revenue of $271,373,088. But if 1959 was a year of growth, 1960 is a year of change with an eye to the future. Last week the board of directors of TIME INC. approved the election of a new top-management team. Said Editor-in-Chief Henry R. Luce and President Roy E. Larsen in announcing the changes: "Younger men of proven ability take over positions of leadership."

To succeed Maurice T. Moore, 64, TIME INC. board chairman since 1942, the board elected Andrew Heiskell, 44, publisher of LIFE for the past 14 years. Named president of TIME INC., replacing Larsen as the company's operating head: James A. Linen III, 47, who has been TIME'S publisher since 1945. Larsen, 61, who joined TIME as circulation manager in November, 1922, just before its first issue, and was LIFE'S publisher for ten years after its launching in 1936, becomes chairman of the executive committee of the board of directors; Moore continues as the company's chief counsel and a member of the board. In their new positions at TIME'S top, Linen and Heiskell will work closely with Larsen and with TIME'S founder and principal stockholder, Editor-in-Chief Luce.

The new publisher of TIME, succeeding Linen, is Bernhard M. Auer, 44 (see A LETTER FROM THE PUBLISHER). LIFE'S new publisher: C. D. Jackson, 58, publisher of FORTUNE from 1949 to 1953 and onetime (1953-54) special assistant to President Eisenhower.

The changes voted by the board also affect the youngest member of TIME INC.'S family, SPORTS ILLUSTRATED. Sidney L. James, 53, SI's managing editor since 1954, its first year of publication, succeeds Publisher Arthur R. Murphy, 44, who was elected a vice president of TIME INC. with the assignment of director of production. Assistant Managing Editor Andre Laguerre, 45, moves up to managing editor.

The board also named David W. Brumbaugh, 51, now TIME INC. administrative vice president and secretary, to be executive vice president, treasurer, and a member of the board. Charles Stillman, 56, becomes chairman of the board's finance committee, and Howard Black, 63, becomes senior vice president.

The shifts are part of a management-reorganization program that in recent months has included the appointment of Hedley Donovan, managing editor of FORTUNE from 1953 to 1959, as editorial director of TIME INC.; of Otto Fuerbringer as TIME'S managing editor, succeeding Roy Alexander, now editor; and of Duncan Norton-Taylor as FORTUNE'S managing editor. The changes, said Editor-in-Chief Luce, give TIME INC. "a management which will match the great opportunities of the future."

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