MSLO ceo to step down

NEW YORK Martha Stewart Living Omnimedia announced that Susan Lyne has stepped down from her posts as president and ceo. The company will promote president of media Wenda Harris Millard and president of merchandising Robin Marino to the positions of co-ceo, reporting to Charles Koppelman, chairman of the board.

Millard oversees MSLO's Media businesses, which include online, publishing, and broadcasting, while Marino oversees MSLO's merchandising businesses, which include numerous licensing partnerships with retailers including Macy's, Kmart, and 1-800-Flowers, as well as with manufacturers such as EK Success and Bernhardt.