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Huey Plans to Revamp 'Fortune'

John Huey, Time Inc. Editor-in-Chief, has assembled a high-level SWAT team of in-house and external experts to revamp Fortune. Andy Serwer, who has been Fortune's managing editor since late 2006 and who oversaw a major redesign less than two years ago, is sitting in on the redesign meetings. He says he welcomes a fresh perspective from inside and outside the magazine.

Among the outsiders, Huey's so-called SWAT team includes designer John Korpics, who recently redesigned Money, and Sheryl Hilliard Tucker, a onetime Money editor who is now an editor-at-large at Time Inc.

Fortune is said to be producing a small profit for Time Inc. But while it performed better than its rivals in the last year, it has struggled recently. Through its June 22 issue, the mag's ad pages were off nearly 39% to 697.1.

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