New
Time Inc. CEO Joe Ripp continues to ply his folksy approach, gathering
non-senior management for a town hall meeting Wednesday to discuss his vision
for the company's future. A Time Inc. source said it was the first time in
recent memory that a CEO had spoken directly to the company’s rank and file,
which “in and of itself was a huge thing,” he said.
The
gathering, which included a Q&A session with employees, was short on news,
as Ripp hit on many of the topics he’s been discussing since first taking over
as CEO last month. Sources present said that he continued to push for a
“brands-first” approach and further decentralization within the company, and
reiterated his desire to get rid of unnecessary bureaucracy (including the 34th
floor executive suite that’s come to symbolize it).
