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Short Take: Forbes magazine names new editor

Veteran Forbes magazine editor James Michaels has been named the company's new group vice president for editorial, and managing editor William Baldwin has been named to succeed him. Michaels served as editor of the respected financial publication for more than 1,000 issues--over 37 years. Baldwin started at the magazine as a reporter in 1980 and has served in the No. 2 post since 1997.

Veteran Forbes magazine editor James Michaels has been named the company's new group vice president for editorial, and managing editor William Baldwin has been named to succeed him. Michaels served as editor of the respected financial publication for more than 1,000 issues--over 37 years. Baldwin started at the magazine as a reporter in 1980 and has served in the No. 2 post since 1997.