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BRIEF-Time affirmed named Rich Battista the new CEO

Sept 13 Time Inc :

* Rich Battista named President and Chief Executive Officer of Time Inc.

* Affirmed pacing expectations for Q3 2016 total revenues and operating expenses

* Battista succeeds Joe Ripp as CEO. Ripp will continue to lead Board of Directors as Executive Chairman Source text for Eikon: Further company coverage:

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