From the release:

    Washington Post Company Chairman and Chief Executive Officer Donald Graham today announced the creation of The Slate Group, a new online publishing entity that will oversee Slate Magazine, Slate V, TheRoot.com and The Big Money, a business site launching later this year.

    The Slate Group’s mission is to develop and manage a family of web-only magazines. These may include additional spin-offs from Slate, new ventures and acquisitions.

    Slate’s Editor Jacob Weisberg, who has been instrumental in launching new sites at The Post Company, becomes Chairman and Editor-in-Chief of The Slate Group, overseeing overall editorial and creative direction. Slate Publisher John Alderman will lead the business side of The Slate Group, adding the title of General Manager to his current responsibilities.

    With Weisberg’s new leadership role, former Deputy Editor David Plotz becomes Editor of Slate Magazine, which The Washington Post Company purchased from Microsoft in 2005. …

    With this change, David Plotz becomes the third Editor of Slate, following Weisberg, who became editor in 2002, and founding Editor Michael Kinsley. Plotz, 38, has been with the magazine since its founding in 1996, serving in a variety of capacities including Deputy Editor for the past several years. He has won numerous awards for his writing and is also the author of the book The Genius Factory, which was published by Random House in 2005.
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