TimeIncUK.com Official Website|sylvia auton named ceo of ipc

SYLVIA AUTON NAMED CEO OF IPC

Sylvia Auton has been named Chief Executive of IPC Media, it was announced today by Ann Moore, Chairman and CEO of Time Inc..

Time Inc. acquired IPC Media in October 2001.

Since joining IPC in 1977, Auton has held a number of senior executive positions prior to being appointed in 1998 to Managing Director of its Country & Leisure Media group.

In making the announcement, Moore said: "In the short time that it's been part of Time Inc., IPC has demonstrated that it's a tremendously robust business with a portfolio of strong brands and an outstanding management team.  We're delighted that Sylvia will be running this vitally important operation for us." 

Given the recent announcement by Michael Pepe, President and CEO of Time Inc. International, that he will be leaving the company, Auton will report to Time Inc. Executive Vice President and CFO Richard Atkinson, who will retain his existing responsibilities.

Before moving to New York to assume his current position in August 1999, Atkinson, a British national, was President of Time Inc. Atlantic, based in London, where he was responsible for all of Time Inc.'s magazine publishing activities in Europe, the Middle East and Africa. 

Atkinson said: "Sylvia is a dedicated and gifted manager who has always commanded the respect, admiration and loyalty of her staff.  She's truly a consummate publishing professional with the experience, skill and vision to lead IPC smartly forward."

Auton said: "I'm thankful for the support and encouragement Time Inc. has consistently given to IPC.  And I'm thrilled about the opportunity to lead my colleagues and take this fabulous company to the next level."

Time Inc. is a wholly owned subsidiary of AOL Time Warner, the world's leading media and entertainment company, whose businesses include interactive services, cable systems, filmed entertainment, television networks, music and publishing.

For further information, please contact: Julie York, IPC Media, Tel: 020 7261 5880 or Email: julie_york@ipcmedia.com Peter Costiglio, Time Inc., Tel: 001 212 522 3927 or Email: peter_costiglio@timeinc.com