Stated on February 18 by Jack Griffin:
I was recruited and hired by Time Warner to lead the business transformation of Time Inc., based on my clear record of success and results in the industry. This continued at Time Inc., with the consistent and documented acclaim of Time Warner's senior management. Every action I took over the past six months was made with that ultimate goal in mind. My exit was clearly not about management style or results. I leave behind a first rate team and wish them all the best of success.
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