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TIME: Almanac 1990s
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Time_Almanac_1990s_SoftKey_1994.iso
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time
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071591
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0715990.000
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1994-03-25
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<text id=91TT1586>
<title>
July 15, 1991: From The Managing Editor
</title>
<history>
TIME--The Weekly Newsmagazine--1991
July 15, 1991 Misleading Labels
</history>
<article>
<source>Time Magazine</source>
<hdr>
FROM THE MANAGING EDITOR, Page 7
</hdr><body>
<p> This space is usually reserved for the publisher of TIME, but
on occasion I take the liberty of borrowing it. This is one such
occasion. I'm very pleased to introduce our new publisher,
Elizabeth P. Valk. She succeeds Robert L. Miller, who will be
moving to California as president of Time Publishing Ventures,
parent organization of the Time Inc. magazines that are not
based in New York City.
</p>
<p> The relationship between TIME's publisher and managing
editor is very special. They are equals, with the publisher
being responsible for the magazine's financial well-being and
the M.E. for its editorial content and quality. We usually refer
to this division, in which neither lightly intrudes on the
other's responsibilities, as "church and state." The separation
is anything but a source of divisiveness. Instead, it serves as
proof that good fences make good neighbors, enabling publisher
and managing editor to work as partners toward common goals.
That mutual trust is one of the pillars of the success that Time
Inc. magazines have enjoyed; it is essential for TIME as the
magazine faces the challenges of journalism in the '90s.
</p>
<p> Lisa Valk, 41, knows TIME well. This will be her third
tour with the magazine; as she said the other day, "It's almost
like coming home." A native of Winston-Salem, N.C., she studied
political science at Virginia's Hollins College, where she
proudly serves as a trustee. After working as a hospital
administrator in Boston, she enrolled at Harvard's Graduate
School of Business Administration and in 1979 joined TIME's
circulation staff. Six years later, after stints with two of our
sister magazines, FORTUNE and SPORTS ILLUSTRATED, she returned
to TIME as circulation director, where she helped ensure that
TIME maintained the number of subscribers that it guaranteed to
advertisers. On the strength of her strong performance in that
job, Valk was named publisher of LIFE in 1986 and then of PEOPLE
in 1988. She is the first executive to have served as publisher
of three Time Inc. magazines.
</p>
<p> We will miss Bob Miller's hand at the business helm. In
his four years at TIME he brought intelligence and vigor to the
magazine's worldwide activities, demanding the best of us all.
I'm delighted to have Lisa as my new partner.
</p>
<p>-- Henry Muller
</p>
</body></article>
</text>