Reader's Digest Takes $27M Charge
Previously it deferred and amortized certain magazine promotion costs.
The charge lowered its full-year earnings to 49 cents per share from a previously reported 66 cents.
Thomas Benton and Jane Berzan will preside over an event indicative of an association serving a wider array of industry segments.
The president of the company's Iberia Business Unit will take over from Joe Tripodi upon his retirement in February.
A majority of marketers rank customer satisfaction improvements as paramount in the technology investment decisions.