Marketing Week editor Stuart Smith is to step down from the weekly trade title after 20 years in the role, parent company Centaur has announced.
In a memo to staff seen by PressGazette.co.uk, the publisher said Smith was leaving to become a “consultant editor to the marketing community”.
He will continue to write a column for the magazine and will work as a consultant on its online and events business as well as other “external projects”.
“Marketing Week has dominated its market because of the authoritative vision Stuart has brought to the magazine,” Centaur said in the email memo.
“However there are now many more ways we can meet the information needs of senior marketing professionals both via the web and through events, opening up new opportunities for Centaur and changing the role of the magazine.
“In his new role, we can tap into Stuart’s experience and expertise to explore the potential for new product development.”
Centaur said it would advertise the editor’s job both internally and externally, and hoped to announce the appointment of a replacement for Smith in the new year.
“Replacing Stuart will be a difficult challenge but we are expecting a high level of interest in one of Centaur’s key editorial roles,” the group said.
According to ABC, Marketing Week had an average distribution of 39,000 in the first half of 2008, most of which were controlled free circulation.