HONG KONG: Andrew Butcher - the Asia-Pacific president of Time and
Fortune - has been promoted to the post of international publisher and
executive vice-president of the two publications.
The new role, based in London, takes effect immediately.
Butcher, who has been with the Time group since 1994, will be working
alongside chief financial officer Richard Evans and global marketing
officer Phil Whitney on international strategic issues.
"One of the initial jobs will be to align the international sales team
into a global force. Fortune is about there, but Time is managed from
each region. But we must strike a balance; it'll be a global set-up with
local implementation," said Butcher.
Meanwhile, Peter Brack, the president of the now-defunct Asiaweek
magazine, has been appointed senior vice-president of ad sales at Time
and Fortune Asia.