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There Will Be Cuts: Martha Stewart Omnimedia's New CEO Signals Change Ahead

  • Bloomberg, Tuesday, October 29, 2013 3:38 PM
Martha Stewart Living Omnimedia went outside the media and retail biz for its new CEO -- former metals-industry executive Daniel Diensta -- a move that will almost definitely mean cost-cutting, write Bloomberg reporters. Diensta is described by one analyst as "a restructuring kind of guy. He has a history of coming into companies, fixing them up and selling them.”

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