Tuesday, April 21, 2009

Wenda Harris Millard leaves MSLO

One of Martha Stewart Living Omnimedia's Co-CEOs is leaving the company, the New York Post is reporting. The Post reports that Wenda Harris Millard is leaving Omnimedia to pursue a presidential opportunity at Media Link, adding that an ongoing feud between Martha and Wenda may have contributed to her departure. Additional media sources say the departure is due to a major media restructuring program underway at the company and an effort to shrink expenses by reducing staff and trimming pay. At the moment, there are no plans to replace Wenda or name a new Co-CEO. Wenda was chief of media at Martha Stewart Living and shared the CEO position with Robin Marino, who is head of merchandising. Marino will stay on in her capacity as CEO while Martha will continue to handle all editorial and creative decisions for the company.
It had been predicted by several sources when the decision was made to hire two chief executives at Martha Stewart Living that the Co-CEO structure would not last at Omnimedia. Both Wenda and Robin were appointed their positions after Susan Lyne left the company last June. Wenda came to Omnimedia from Yahoo! and is a continued favourite on the media conference circuit.

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