Justin Smith to serve as Bloomberg Media CEO

NEW YORK (AP) — Bloomberg LP says that Justin B. Smith will serve as CEO of its media group, which includes its TV, radio, magazine and digital businesses around the world.

The financial news and information company said Monday that Andrew Lack, who had served as CEO of Bloomberg Media Group since 2008, will become the group’s chairman.

Smith will join Bloomberg on Sept. 16.

He most recently served as president of Atlantic Media. Bloomberg says Smith helped transform The Atlantic from a “largely print-centric magazine” to a multi-platform media franchise. Before joining Atlantic Media, he launched the U.S. edition of The Week magazine and was head of corporate strategy at The Economist Group.

Bloomberg is a private company founded by New York Mayor Michael Bloomberg, who isn’t involved in day-to-day decision-making.

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