Michael Dukmejian Named Publisher Of Money Magazine

October 7, 2002

New York, New York -David Kieselstein, President of The Money Group, today announced that Michael Dukmejian, 48, most recently publisher of Mutual Funds, has been named the new publisher of MONEY. Dukmejian will replace Kathy Kayse, who has been named the new publisher of PEOPLE. Dukmejian is a Time Inc. veteran who joined the company in 1980. Over the past two decades, he has served in key advertising and marketing roles at TIME, FORTUNE, and Sports Illustrated. Since 1999, Mike has served as publisher at Mutual Funds magazine.

"We are confident that Mike's broad and deep understanding of the financial services industry will serve MONEY well," said Kieselstein. "His publishing experience, and outstanding ability to work effectively with the advertising community will be a great resource at MONEY."

In his tenure at Time, Inc., Dukmejian has served as both Advertising Manager and Business Development Director at TIME magazine, as well as serving as Marketing Director at FORTUNE. From 1993 through the end of 1998, he served as the Director of Sales Development at Sports Illustrated. While at Mutual Funds, his success at developing new business and launching the magazine's 2002 redesign were widely recognized.

MONEY is published by Time Inc. With a circulation of 1.9 million and a total readership of nearly 8 million, MONEY is the largest financial management publication in the world

Contact Info:

Amy Wolfcale 212-522-2599