In the wake of Joe Ripp being named CEO of Time Inc., Time Warner has made some additional moves. The Wall Street Journal reports that Howard Averill — who was supposedly in the running for the top spot at Time — has been named CFO of Time Warner.
Averill is succeeding John Martin, who will now become CEO of Turner Broadcasting.
Averill has been with Time Inc. since 2007, and most recently served as the company’s executive VP and CFO. Prior to his time at Time Inc., Averill was with NBC Universal for 10 years.