• July 12, 2005

Joe Mansueto, the new owner of Fast Company and Inc. magazines, placed a full-page ad in yesterday's New York Times stating that he bought the publications because he was passionate about their missions and values and the "true intimacy they've established with their readers." The founder and CEO of Morningstar bought the magazines from G + J Publishing USA as a private investment. In the ad, running nationally, Mansueto says: "If you're a reader, I pledge the very best thinking, writing, and design-springing from an electric and creative environment. If you're an advertiser, you should know that I'm in this for the long haul and that I'm serious about excellence in every dimension of our business. For me that means, first and foremost, serving your needs as customers." - Amy Corr