Rosemarie Wallace has resigned as chief operating officer of the
Economist Group and publisher of CFO Asia to take up the regional
managing director's post at Reader's Digest.
Ms Wallace's decision to quit was seen as abrupt because she has been
part of the Economist group for about 12 years.
However, she described her new posting as representing "an exciting
opportunity".
Her responsibility at Reader's Digest includes overseeing the growth of
all three language editions of the publication - English, Chinese and
Thai.