Hearst CEO abruptly resigns over internal disagreement

The Hearst Corp. announced Wednesday the unexpected resignation of its president and chief executive, Victor Ganzi, citing unspecified "irreconcilable policy differences" with the Hearst family trust that owns the company.
Frank Bennack Jr., who headed the company for more than two decades before handing it off to Ganzi, the successor he had groomed, will return as president and chief executive while the company searches for a long-term replacement. More... Order Discount Magazine Subscriptions Online