Karen Magee Named Executive Vice President, Chief Human Resources Officer of Time Warner Inc.

NEW YORK–(BUSINESS WIRE)–

Time Warner Inc. (TWX) Chairman and CEO Jeff Bewkes today announced
that Karen Magee has been elevated to Executive Vice President, Chief
Human Resources Officer. Ms. Magee will report to Mr. Bewkes and will be
responsible for the company’s human resources strategy including global
compensation and benefits, global organizational and leadership
development, worldwide recruitment and executive search, and diversity.

In announcing Ms. Magee’s promotion Jeff Bewkes said: “Over the last
several years Karen has provided results-oriented leadership in human
resources, working with our top executives across the business units to
better define, measure and achieve success. Karen’s efforts have helped
to create a workplace environment that attracts and motivates
high-caliber talent, which in turn enables us to develop and distribute
great television, film and journalism content that is valued by
audiences worldwide.”

Ms. Magee’s promotion is effective January 1, 2014. She has served as
Senior Vice President and Chief Human Resources Officer, reporting to
Chief Financial and Administrative Officer John K. Martin since January
2011. As previously announced, Mr. Martin will become CEO of the
company’s Turner Broadcasting Systems unit January 1, 2014.

Ms. Magee said, “It is a pleasure to be part of an organization that
puts a premium on creating an inclusive work environment where all
employees can grow and thrive. Jeff Bewkes, John Martin and the entire
Time Warner management team recognize that the company’s success is
predicated on having a high-performing and engaged employee base. I look
forward to building on the culture of strategic collaboration as we
position Time Warner for continued success.”

In 2010, Ms. Magee rejoined Time Warner as Senior Vice President,
Administration, Shared Services. In that role, she spearheaded the
company-wide enterprise services initiative, with a focus on improving
the efficiency of support services in Information Technology, Real
Estate & Facilities, and other areas.

From 2006 to 2009, Ms. Magee was the Chief Executive Officer of
PlanetOut Inc., a publicly traded media and entertainment company based
in San Francisco.

Before joining PlanetOut, Ms. Magee was the Senior Vice President of
Strategic Planning for Time Warner, a position she assumed in 2004. In
this role, she was responsible for overseeing Time Warner’s strategic
planning group, which provided management consulting and business
development services to both corporate senior management and the
divisions of Time Warner. Ms. Magee joined Time Warner Corporate from
Time Inc., where she was Senior Vice President of Strategic Planning,
beginning in 2001.

She joined Time Inc. Strategic Planning from TIME magazine, where
she served first as General Manager and later as Vice President of
Consumer Marketing. Previously, Ms. Magee served as General Manager of
Time Inc. Ventures, Director of Finance for Time Inc., General Manager
of Time Inc.’s Corporate Sales and Marketing Division, and Business
Manager of People magazine. Ms. Magee began her career at Time
Inc. as an Analyst in Corporate Finance, after spending a year doing
management information systems work at Esquire magazine.

A graduate of Princeton University’s School of Engineering and Applied
Science, Ms. Magee served on the University’s Board of Trustees for 14
years. She attended the Radcliffe Publishing Course before beginning her
career in publishing, and holds an M.B.A. from the Wharton School of the
University of Pennsylvania. Ms. Magee was a member of the Board of
Directors of PlanetOut Inc. from 2003 to 2009. In addition to her
non-profit work with Princeton, she served on the GLAAD (Gay & Lesbian
Alliance Against Defamation) Board of Directors for six years, and
chaired the board for four.

About Time Warner Inc.

Time Warner Inc., a global leader in media and entertainment with
businesses in television networks, film and TV entertainment and
publishing, uses its industry-leading operating scale and brands to
create, package and deliver high-quality content worldwide through
multiple distribution outlets.

MULTIMEDIA AVAILABLE:http://www.businesswire.com/cgi-bin/mmg.cgi?eid=50743309&lang=en

Time Warner Inc.
Keith Cocozza 212-484-7482
Keith.Cocozza@timewarner.com

Source Article from http://finance.yahoo.com/news/karen-magee-named-executive-vice-192400595.html
Karen Magee Named Executive Vice President, Chief Human Resources Officer of Time Warner Inc.
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