New York, NY / Bangalore, India (February 17, 2016) – Time Inc. (NYSE: TIME) has named Alwar Rajagopalan President of Time Inc. India. Rajagopalan, a finance and accounting veteran and former Vice President of Business Process Services of Tata Consultancy Services Ltd., will oversee the expansion of the company's growing Bangalore operation. He begins his new role on February 19 and reports to Jeff Bairstow, Time Inc.’s Chief Financial Officer and Head of International Operations.

“Raj is a strategic and highly respected leader with a proven record for setting up and running successful global operations,” said Bairstow. “Given his executive management experience, Raj is the right choice to lead Time Inc. India as it continues to play a bigger role in our company. We are thrilled to welcome him to our family.”

Rajagopalan said, “I am very excited to lead Time Inc. India and continue to expand the capabilities of the Bangalore operation. There is enormous potential for us to become a more integrated and optimized asset for Time Inc.”

In 2009, Rajagopalan joined Tata Consultancy Services, where most recently he led the transition function for finance and accounts (F&A), supply chain management and human resources shared services center (HRSSC) for the company's global customers. He previously served as Principal of the F&A practice of Aditya Birla Minacs Worldwide and was practice head of F&A and HRSSC at Cambridge Integrated Services India. He has also held senior positions at IBM Global Services India, GE Capital International Services and GE Lighting India, among other international companies. Rajagopalan has a bachelor's degree in Finance from Madurai Kamaraj University, and is a qualified Chartered Accountant.

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About Time Inc. India

Time Inc. India is a wholly owned subsidiary of Time Inc., one of the world's leading media companies. It is a global in-house center located in Bangalore that provides global sourcing through processes within analytics, finance, technology, operations and shared services. The technology-driven company provides analytics around consumer retention, sales, advertising, supply chain management and finance for the more than 100 influential brands of Time Inc., such as Time, People, Sports Illustrated, InStyle, Real Simple, Southern Living, Entertainment Weekly, Fortune, Travel + Leisure, Food & Wine and Cooking Light.

About Time Inc.

Time Inc. (NYSE:TIME) is one of the world's leading media companies, with a monthly global print audience of over 120 million and worldwide digital properties that attract more than 150 million visitors each month, including over 60 websites. Our influential brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Cooking Light, Fortune and Food & Wine, as well as more than 50 diverse titles in the United Kingdom, such as Decanter, Horse & Hound and Wallpaper*. Time Inc. is home to celebrated franchises and events, including the Fortune 500, Time 100, People’s Sexiest Man Alive, Sports Illustrated’s Sportsperson of the Year, the Food & Wine Classic in Aspen, the Essence Festival and the biennial Fortune Global Forum. Hundreds of thousands of people attend our live media events every year. We have been extending the power of our brands through various investments and acquisitions, including the formation of Sports Illustrated Play, a new business devoted to youth and amateur sports, and the acquisition of inVNT, a company that specializes in live media. We also provide content marketing, targeted local print and digital advertising programs, branded book publishing and marketing and support services, including subscription sales services for magazines and other products, retail distribution and marketing services and customer service and fulfillment services, for ourselves and third-party clients, including other magazine publishers.

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CONTACT:

Time Inc.

Jill Davison
Jill.Davison@timeinc.com
212-522-0105

Emma Byrd
Emma.Byrd@timeinc.com
212-522-5831