Fortune Managing Editor to Retire: The magazine said that Marshall Loeb is retiring from the job after eight years when he reaches the company's mandatory retirement age of 65 this month. The New York-based financial magazine, owned by Time Warner Inc., has named executive editor Walter Kiechel III to replace Loeb as managing editor. Loeb, who joined Time Inc. in 1956 as a writer for Time magazine, will become Fortune's editor-at-large. Kiechel, 47, has spent his entire magazine career at Fortune. He joined Fortune in 1977 after serving as an officer in the Navy and attending a joint program of the Harvard Law and Business Schools. He was promoted to assistant managing editor in 1988 and was named executive editor in 1992.
From Times Staff and Wire Reports
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