Lyne Steps Down As CEO Of Martha Stewart Living Omnimedia
June 11th, 2008
Susan Lyne, the chief executive officer of Martha Stewart Living Omnimedia, has reportedly stepped down from her position today. Lyne became CEO in 2004 following Stewart’s jail sentence and claims to have completed her goal of “rebuilding the company and returning it to profitability.” Sources say that Lyne will maintain the title of director during the transition period. Folio (June 11, 2008)