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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster

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Fortune CEO Alan Murray to step down

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Fortune CEO Alan Murray onstage at the CEO Initiative annual meeting in Washington, D.C., on Oct. 3, 2023. Under Murray’s leadership, Fortune successfully spun out of Meredith in 2019 and was established as a standalone company for the first time.
Fortune CEO Alan Murray onstage at the CEO Initiative annual meeting in Washington, D.C., on Oct. 3, 2023. Under Murray’s leadership, Fortune successfully spun out of Meredith in 2019 and was established as a standalone company for the first time. Rebecca Greenfield/Fortune
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Fortune CEO Alan Murray announced today he will be stepping down from his role at the end of April 2024.

Under Murray’s leadership, Fortune successfully spun out of Meredith in 2019 and was established as a standalone company for the first time. During his tenure, Fortune maintained its highly respected, award-winning business journalism and global conferences, while significantly growing revenue and readership. Fortune has been profitable for the last three years.

As the company eyes its next era of growth, Murray and Fortune’s ownership have mutually agreed it is an appropriate time for a leadership transition.

Prior to joining Fortune in 2014, Murray worked in senior editorial roles at the Wall Street Journal and CNBC. He was formerly chief content officer of all Time Inc.’s magazines, including Sports Illustrated and Time.

Find coverage of the 2023 Fortune CEO Initiative annual meeting here.
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