Alison Fahey, has officially been kicked upstairs to her new title of publisher/editorial director. Fahey has selected Mike Chapman, a veteran of eMarketer and The Economist Group, as the new editor of Adweek. Get the press blurbs ("I'm excited!") and all that here.

As of May 15, it'll be Chapman's ship. Congrats to Mike. We're hoping that the lets his excellent journalists of the leash a bit more to run wild and really cover the industry to their fullest and most exacting.