After six years as chief executive officer of Hearst Corporation, Victor F. Ganzi has resigned from the company. The reason behind his resignation was irreconcilable policy differences with the board of trustees about the future direction of the company.

The board has formed a search committee to find a new ceo but in the meantime, Frank A. Bennack Jr., vice chairman of the board and chairman of the executive committee, will reassume the role of ceo.

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