Here’s what happens when institutional memory walks out the door.
Marshall Loeb, one of the titans of the magazine world, who worked for 38 years at Time Inc. — where he labored at Time magazine and was the top editor on Money and Fortune during some of their best years — passed away on Dec. 9 at age 88.
For three days, there was no mention of his passing from Time Inc.
The New York Times posted his obituary online on Dec. 11 and had it in the print edition Dec. 12. The Post mentioned his passing in the Dec. 12 print edition as well.
Time Inc. Chief Content Officer Alan Murray finally got around to eulogizing one of the most venerable editors in Time’s history late on Dec. 12.
“Marshall Loeb was a true visionary,” said Murray. “His accomplishments advancing the world of business journalism are unparalleled and his talented leadership at Fortune, Money and Time helped pave the way for the great success they see today.”