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Businessweek President Keith Fox Leaves Magazine

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by Matt Haber
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Oct 30 2009 4:49pm EDT

Another Week, Another High-Profile 'BusinessWeek' Departure

Another high-level departure at BusinessWeek.

A little over a week after editor in chief Stephen J. Adler resigned from the newly sold magazine, president Keith Fox followed and has announced that he won't be going to Bloomberg L.P. with the rest of his staff, according to BW's Tom Lowry.

"I am proud that I played a role in ensuring that BusinessWeek has a new home at Bloomberg," Fox told his former colleagues in the sort of considerate, predeparture memo that has become de rigueur for departing bosses. The full text of the memo can be read here.

Fox will be staying with the magazine's soon-to-be former owner, McGraw-Hill, which sold the title to Bloomberg L.P. two weeks ago after a protracted sales process.

The 80-year-old magazine sold for $9.3 million, according to All Things Digital's Media Memo blogger Peter Kafka.

Matt Haber is the media blogger for Portfolio.com.

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