Time Doles Out Promotions

The New York Post‘s Media Ink column reports that two veteran Time staffers are moving up the magazine’s masthead. International Editor Michael Elliott will become the new deputy managing editor, second in command to Managing Editor Rick Stengel, while Nancy Gibbs, a prolific cover story writer, moves into the No. 3 slot as executive editor.

Gibbs, a Time Inc. lifer in her mid-40s, has penned major cover stories, including part of Time’s award-winning 9/11 coverage.

Elliott, 60, is widely known as “Tsunami Survivor,” both because he was high and dry on a golf course in Thailand when catastrophe struck Southeast Asia in 2004, and because he has lasted through the layoffs that have shaken Time Inc. over the past several years.

Below the top two names on the masthead is a new layer of young editors: Radhika Jones and Jim Frederick, who were both moved into assistant managing editor jobs earlier this week, joining Michael Duffy, an AME and Washington bureau chief.

In other magazine news, about 30 positions are expected to be cut from BusinessWeek.

Read more from the New York Post‘s Media Ink column >>