Dodge Named to Succeed Martin as Money Magazine Publisher
NEW YORK (AP) _ Money magazine is getting its second new publisher in a year.
Geoffrey A. Dodge, a regional advertising sales director for Fortune magazine, will take over as publisher of Money on Jan. 1, it was announced Monday.
He succeeds Betsy Martin, 51, who took over as publisher this past January as William Myers stepped down after six years in the post.
She decided to retire as publisher to spend more time with her family and to continue her education, Money spokeswoman Patti Strauss said.
Both Money and Fortune magazines are owned by the Time Inc. division of Time Warner Inc. Fortune appears every two weeks while Money is a monthly.
The appointment was announced by Michael Pepe, group publisher of Time Inc.
Dodge, 34, has been with Fortune since 1987 in regional sales posts. He previously sold ads for Computerworld magazine and launched and published Boston Computer News, an IDG Communications publication.
He isn’t the youngest publisher ever named for a major Time Inc. magazine. Nora McAniff snared that honor several years ago when she became publisher of Life at age 33. She became publisher of People magazine last year.
Money’s advertising pages have been flat for the first 10 months of the year while competitors have posted sharp increases.
Ad pages have doubled this year at newcomer Smartmoney, risen nearly 22 percent at Worth and are up more than 13 percent at Kiplinger’s Personal Finance.
Money’s circulation has held at about 1.9 million, which the magazine said makes it the nation’s biggest financial publication.
Martin had been with Money for 13 years in all, including serving as ad director before her selection as publisher a year ago.