Consumer >> CEO Interviews >> May 25, 1998

William T. Kerr – Meredith Corporation (mdp)

WILLIAM T. KERR is Chairman and Chief Executive Officer of Meredith Corporation. He was elected to the position effective January 1, 1998, having served as President and Chief Executive Officer since January 1, 1997. As Chairman and CEO, Mr. Kerr is responsible for the strategic and operational performance of the company. In 1994, he was appointed President and Chief Operating Officer of Meredith, responsible for overseeing the day-to-day business of the company's operating groups. At that time, Mr. Kerr was also appointed as a member of the Meredith Board of Directors and a member of the Board's executive committee. Prior to that he served as President of the Meredith Magazine Group and Executive Vice President of the company, where he was responsible for the strategic direction and day-to-day management of all magazine operations. Before coming to Meredith in September of 1991, Mr. Kerr was a Vice President of The New York Times Company and President of its magazine group, a position he held since 1984. He has also held posts with Dillon, Read & Co., and McKinsey and Company. He is a member of the Board of the Principal Mutual Life Insurance Company, Storage Technology Corporation, and Maytag Corporation. Mr. Kerr also serves on the Board of The Business Committee for the Arts, The International Federation of the Periodical Press and the University of Iowa, Henry B. Tippie College of Business, Board of Visitors. He is a past Chairman and an advisory board member of the Magazine Publishers of America. A native of Seattle, Mr. Kerr is a Phi Beta Kappa graduate of the University of Washington. He earned a degree in Modern History as a Rhodes Scholar at Oxford University, and an MBA from the Harvard Graduate School of Business Administration. Profile
TWST: Please give us a brief sketch, a bit of a historical summary and

then bring us up to date on Meredith Corporation. What are the key

challenges and opportunities that you see for the company