Wednesday, June 11, 2008

CEO Susan Lyne Martha Stewart living Omnimedia

Susan Lyne has left her post of the president and Chief Executive Officer. The company will promote President of Media Wenda Harris Millard and President of Merchandising Robin Marino to the positions of Co-CEO, reporting to Charles Koppelman, Chairman of the Board. Martha Stewart Living Omnimedia Inc. is a diversified media and merchandising company founded by Martha Stewart. It is organized into four business segments: Publishing, Internet and Broadcasting media platforms and Merchandising product lines . MSLO's business holdings include a variety of print publications, television and radio programming, and e-commerce websites.
Big Idea Bake Off

Martha and Susan Lyne, CEO of Martha Stewart Living Omnimedia, announce the winner of the Big Idea Bake-Off.

Martha Stewart (age 66) was born Martha Helen Kostyra; August 3, 1941. She is an American business magnate, author, editor and homemaking advocate. She is also a former stockbroker and fashion model. Over the last two decades Stewart has held a prominent position in the American publishing industry; as the author of several books, hundreds of articles on the domestic arts, editor of a national homekeeping magazine, host for two popular daytime television programs, and commercial spokeswoman for K-Mart. In 2001 she was named the third most powerful woman in America by Ladies Home Journal. In 2004 she was convicted of lying to investigators about a stock sale and served five months in prison. On Tuesday, February 19, 2008, MSL Omnimedia announced that the company had reached an agreement with celebrity chef Emeril Lagasse to purchase certain business assets for $50 million; $45 in cash and $5 million in stock . With the exclusion of Emeril Lagasse’s restaurant chain and his foundation, the deal consists of the rights to television programs such as Essence of Emeril and Emeril Live, Emeril Lagasse’s Cookbook library, the emerils.com website, and kitchen and food products.

Stewart has never remarried, but has been dating Charles Simonyi for 15 years as of February 2008.
Stewart is an avid animal lover. Her pets include champion show Chow Chow dogs, French Bulldogs, Himalayan cats, and Friesian horses. Stewart also created a video on behalf of fur bearing animals after being approached by PETA while in jail. Stewart stated, “I used to wear real fur, but, like many others, I had a change of heart when I learned what actually happens to the animals.” On April 12, 2008, it was announced via Stewart's official blog that Kublai Khan Paw Paw Chow Chow Chow, one of Stewart's dog's, died at age 12.
Martha Kostyra, Stewart's mother, died on November 16, 2007. Kostyra had appeared on Martha Stewart Living numerous times. On September 14, 2007, Martha Stewart Living Omnimedia announced that it inked a partnership with E & J Gallo Winery to produce a wine brand with thelabel "Martha Stewart Vintage" (for sale in 6 cities, January. 1The 15,000 cases to be sold include: 2006 Sonoma County Chardonnay, 2005 Sonoma County Cabernet Sauvignon and 2006 Sonoma County Merlot (for Atlanta, Boston, Charlotte, N.C., Denver, Phoenix, and Portland, Oregon).
Martha Stewart also signed a contract with Costco Wholesale Corp. to offer a series of food products developed from MSLO’s extensive library of recipes and made with high-quality, fresh ingredients. The co-branded Kirkland Signature Martha Stewart food products bring the dishes featured in MSLO’s magazines, books, and television programs to the tables of Costco’s members. The products will be ready to serve, heat, or use.

CEO Susan Lyne Martha Stewart