NEW YORK, February 3, 2015 – Diane Harris has been named editor of Money, it was announced today by Evelyn Webster, Executive Vice President, Time Inc. (NYSE:TIME).

 

Harris will be the eighth editor of Money since the magazine was established in 1972. She will oversee the world’s leading personal finance publication, with more than 7 million readers in print, online, mobile and social media. Harris succeeds Craig Matters, who is leaving Time Inc. to pursue a second career in education. She will report to Webster with a dotted line to Norman Pearlstine, Chief Content Officer, Time Inc. Her appointment is effective immediately.

 

“I am delighted to have in Diane Harris a strong leader who we are able to elevate seamlessly into the top job,” Webster said. “I am confident she will prove to be a strong successor to Craig.”

 

Harris was previously the Executive Editor of Money. She first joined the brand in 1983 as a writer. Later, she worked as an editor at Working Woman and as a freelance writer, with monthly columns in Parenting and AARP magazine. She rejoined the magazine in 2004 as Assistant Managing Editor. In her two stints at the title, she has won a National Magazine Award for her coverage of the 1987 stock market crash, edited several award-winning series and features, and worked entrepreneurially to develop extensions for the brand. In the past year, Money launched a new website that already reaches more than four million unique visitors a month and created a groundbreaking college ranking franchise, a project Harris led. She is the co-author of a personal finance book for women, with Georgette Mosbacher, called “It Takes Money, Honey,” based on a feature that Harris originally wrote for Money. Harris is the first woman to hold the job of Editor at Money. With this change, Ellen Stark, currently a Money Senior Editor-at-Large, replaces Harris as Executive Editor.

 

During Matters’ six-year tenure at Money, the magazine earned numerous accolades including a 2012 Gerald Loeb Award, the highest honor in business journalism. Matters has held a series of senior leadership positions during his 17 years at Time Inc., including as the founding editor of CNNMoney.com and as an executive editor at Fortune.

 

 

About Time Inc.

 

Time Inc. (NYSE:TIME) is one of the world’s leading media companies reaching more than 130 million consumers each month across multiple platforms. Its influential brands include People, Sports Illustrated, InStyle, Time, Real Simple, Southern Living, Entertainment Weekly, Travel + Leisure, Food & Wine and Fortune, as well as more than 50 diverse titles at Time Inc. UK such as Decanter and Horse & Hound. Time Inc. is home to celebrated events and franchises including the Fortune 500, Time 100, People’s Sexiest Man Alive, Sports Illustrated’s Sportsman of the Year, the Food & Wine Classic in Aspen and the Essence Festival. As of September 30, 2014, Time Inc. operated approximately 40 websites that collectively have over 100 million average monthly unique visitors around the world. The company also operates integrated publishing businesses that provide content marketing, targeted advertising programs, branded book publishing and marketing and support services. 

 

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