McCutcheon Leaving Time Inc. New Media

Linda McCutcheon, president of Time Warner’s Time Inc. New Media, has resigned to pursue other, unspecified online opportunities. Bloomberg News reported that the company plans to name a successor shortly. McCutcheon, who joined Time Inc. New Media in 1995, created the division’s online advertising sales business and developed magazine subscription sales and electronic commerce.

Time Inc. New Media produces online versions of such magazines as Time, Money, People and Fortune. The division also runs the medicine Web site Ask Dr. Weill.

The company is one of the biggest magazine publishers on the Internet, with its Web pages claiming about 80 million views each month.

McCutcheon joined Time Inc. New Media as director of sales and marketing, and was named president in April 1997. She was marketing director at Time magazine before then.

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