Wednesday, May 23, 2012

The Return of Martha Stewart

Martha Stewart was named as non-executive chairman of the lifestyle, media and merchandising company that she created Wednesday.

Stewart rejoined the board of Martha Stewart Living Omnimedia Inc. in September at the end of a five-year ban on serving as a board member or as an executive of a public company as part a settlement with federal regulators related to insider trading.

As non-executive chairman, Stewart will help set the direction for the business but will have no direct operating role. An executive chairman would typically also hold a top management role such as being CEO.(AP)

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