Carol Loomis, the legendary business journalist who has worked for Fortune for more than 60 years, has decided to call it quits. Loomis, who has most recently served as an editor-at-large, will (of course) continue to sporadically contribute content to the magazine.
“I have had the privilege of working with Carol for nearly 30 years,” wrote Fortune’s managing editor, Andy Serwer. “Her contributions to Fortune, to journalism, and to business are immense and incalculable. Her retiring from Fortune is the end of an era for all of us.”
“When people ask you why I am retiring and ‘age 85′ does not satisfy them, please suggest that they have the wrong question,” Loomis said, in a note to staffers. “The right one is, ‘Why did Carol work so long?’” She then quoted a paragraph from her 2005 memoir to answer the latter question:
To have had an absorbing, worthwhile job, carried out in the company of talented, likable people bent on creating the best product possible, in a collegial environment that many a person who has come from another journalistic organization finds amazing—all that is not the average working experience. And that’s why I’m still here. This is a hard place to leave.