Time Inc. Names Successor to Grunwald as Editor-in-Chief

Time Inc. said Thursday that its board selected Jason McManus, managing editor of Time magazine, to succeed the retiring Henry Grunwald as editor-in-chief.

McManus, 53, will become the fourth editor-in-chief in Time Inc.’s 64-year history. He also will succeed Grunwald on Time’s board of directors, the firm said.

The editor-in-chief supervises editorial content of Time’s seven New York-based magazines: Time, Life, Fortune, Sports Illustrated, Money, People and Discover.

Grunwald took over as editor-in-chief in June, 1979, and is stepping down at the end of the year upon reaching 65, the company’s mandatory retirement age. The company said Grunwald recommended McManus as his successor.

McManus will leave his position as managing editor of Time magazine on May 4 and work with Grunwald in preparation for his new job, the company said.

The company also announced that corporate editor Ray Cave, 57, will become editorial director, the second-highest editorial position in the company. The job had been vacant. Cave will be the principal deputy to the editor-in-chief.

McManus is to be succeeded as managing editor of Time magazine by Henry Muller, 40, who has been an assistant managing editor of Time and its chief of correspondents since January, 1986.

McManus joined Time in 1957 as a summer intern and reported for Time-Life News Service’s London bureau in 1958-59 while attending Oxford University as a Rhodes Scholar, the company said.

He joined the company full time in 1959 as a writer for Time magazine and became its first Common Market bureau chief, based in Paris, three years later.

He rose through a succession of management positions until being appointed managing editor of the magazine in September, 1985.