Jessica Sibley
Jessica Sibley | |
---|---|
Born | 1969 |
Alma mater | Hobart and William Smith Colleges |
Occupation | Business executive |
Organization | TIME |
Title | CEO |
Term | Nov. 21, 2022 - present |
Predecessor | Edward Felsenthal |
Board member of | The B Team, Ad Council |
Jessica Sibley (born circa 1969) is an American business executive.[1] Currently CEO of TIME,[2] she has previously held executive roles at the Wall Street Journal,[1] Condé Nast,[3] and BusinessWeek.[1] She was publisher of The Week,[4] and held roles at Forbes including chief sales officer, chief revenue officer,[5] and chief operating officer.[6] She was appointed TIME CEO in November 2022.[7]
Life and career
Born circa 1969,[1][4] Jessica Sibley graduated from Hobart and William Smith Colleges in Geneva, New York.[8]
Early in her career, Sibley worked at the Wall Street Journal as vice president of multimedia sales for New York, New England and Europe.[1] She also held senior roles at the publisher Condé Nast,[9] including executive director and associate publisher positions at Condé Nast titles The New Yorker and Teen Vogue.[8] Sibley was named senior vice president and worldwide publisher of BusinessWeek[1] in early 2008. She was hired as the news publisher of The Week on June 28, 2010.[4] In June 2014, Forbes appointed her VP of advertising sales for the Eastern Region.[10] She subsequently served as the company's senior VP of US and Europe,[9] as well as chief sales officer. She was appointed chief revenue officer in January 2020,[5] then chief operating officer in January 2022.[8]
On November 21, 2022, she was appointed the CEO of TIME[9] by TIME owners Marc and Lynne Benioff,[11] succeeding Edward Felsenthal.[3] Stating that she intended for the company to be "cash flow positive" by 2025, she oversaw a number of immediate changes.[2] According to Sibley, her first focus was pivoting the company away from business-to-consumer revenues to business-to-business revenues, resulting in TIME dropping its online paywall in June 2023.[12] She oversaw layoffs at TIME in 2024,[13][14][2] calling them necessary to improve the company's financial position. The layoffs were criticized by The NewsGuild of New York and the Time Union.[13] Sibley had overseen a significant increase in the number of TIME100 lists by 2025, also increasing the number of TIME-hosted gala events with corporate sponsorships, from seven events in 2023 to thirty events by late 2024.[2]
Boards and committees
Sibley is a member of The B Team, a business non-profit,[15] and is on the board of the Ad Council.[8] She has also been a board advisor of Her Campus Media, the Business Marketing Association,[8] the International Advertising Association,[16] and was co-chair of IAB's CRO Council.[8]
Personal life
Sibley lives in New York City[8] with her husband and two children.[16]
References
- ^ a b c d e f "BusinessWeek Names Sibley Publisher to Run Multimedia". Bloomberg. February 6, 2008. Retrieved August 5, 2025.
- ^ a b c d https://sfstandard.com/2025/01/06/as-marc-benioff-warms-to-trump-time-staffers-cool-to-their-owner/
- ^ a b https://www.hollywoodreporter.com/business/business-news/time-magazine-enlists-new-ceo-1235257231/
- ^ a b c "Sibley Is Named The Week Publisher". The Wall Street Journal. June 14, 2010.
- ^ a b "Forbes Finds New Chief Revenue Officer in Jessica Sibley". AdWeek. January 31, 2020. Retrieved August 5, 2025.
- ^ https://www.reuters.com/business/time-appoints-jessica-sibley-ceo-2022-11-07/
- ^ https://www.wsj.com/articles/time-names-jessica-sibley-as-ceo-11667858553
- ^ a b c d e f g https://www.bizjournals.com/albuquerque/bizwomen/news/latest-news/2022/11/time-names-forbes-coo-as-its-next-chief-executive.html?page=2
- ^ a b c "Time appoints Forbes COO as chief executive". Press Gazette. 2022. Retrieved August 5, 2025.
- ^ "Jessica Sibley, Forbes Media". Crain's New York Business.
- ^ https://www.hindustantimes.com/world-news/who-is-jessica-sibley-named-as-time-magazine-s-ceo-101667874262384.html
- ^ "Time CEO Jessica Sibley says B2B shift is working for 101-year-old brand". Press Gazette. December 5, 2024.
- ^ a b Natalie Korach (January 23, 2024). "Time Magazine Layoffs Hit Editorial, Tech and Sales Employees in 'Necessary Step' Toward Profitability". The Wrap. Retrieved August 5, 2025.
- ^ Caitlin Huston (August 20, 2024). "Time Magazine Lays Off 22 Staffers Amid Advertising Pullback, Restructuring". The Hollywood Reporter. Retrieved August 5, 2025.
- ^ https://www.bteam.org/who-we-are/leaders
- ^ a b https://www.hercampusmedia.com/hcm-advisors