Top Sales Exec Bolts Time Inc. for Radio, Raising Specter of Talent Drain

Paul Caine, the chief revenue officer at Time Inc. as well as an exec VP and president-advertising, is leaving the company to become CEO at the radio syndicator Dial Global, effective April 5. A successor has not yet been identified. Time Inc. CEO Laura Lang is not staying on after the separation is completed later this year, leaving the company with a lame-duck chief executive until a successor can be installed.

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Top Sales Exec Bolts Time Inc. for Radio, Raising Specter of Talent Drain