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Industry Moves

PlanetOut CEO To Step Down After Illness

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GLBT portal PlanetOut‘s CEO and chairman, Lowell Selvin, will step down July 1 for medical reasons. He has run the company for seven years, through its October 2004 IPO that raised $41.8 million. Karen Magee will become CEO on July 1. She has been on PlanetOut’s board since September 2003 and worked at Time Warner until this March.
More details here.

Jun 16, 2006 11:07 AM ET

Posted In: Industry Moves

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