Former Meredith Corp. National Media Group president Jack Griffin is taking over as CEO of Time Inc., Time’s parent company Time Warner announced this morning.

Griffin will start at the end of September, when current CEO Ann Moore, who has 32 years of service with Time Inc., will retire.

Griffin abruptly resigned from Meredith last week to “pursue another opportunity,” fueling speculation that something of this sort would happen.

Time Warner chairman and CEO Jeff Bewkes said in a statement that Griffin is “an exceptional executive who knows how to expand the reach and relevance of strong publishing brands, and he will be a champion of our high-quality journalism. As CEO, Jack will further advance our lead position in the industry and accelerate the expansion and innovation of our titles on all platforms.”