Sunday, July 19, 2009

Sources say Forbes.com CEO stepping down

For years, Forbes.com has been the envy of the financial press, with Web traffic far surpassing that of competitors such as BusinessWeek.com and WSJ.com.

But the site's fortunes have taken a turn for the worse lately, and now someone is apparently answering for it: Jim Spanfeller, president and CEO of Forbes.com and executive vice president of electronic publishing, is stepping down, according to sources. The announcement is expected as soon as Thursday, when the company has a scheduled sales meeting.http://www.dailyfinance.com/2009/07/15/sources-say-forbes-com-ceo-stepping-down/

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