Hearst Corporation announced that four executives have been elected to its Board of Directors. They are George R. Hearst III, publisher of the Albany Times Union, Richard P. Malloch, president of Hearst Business Media and senior vice president of Hearst Corporation, Scott M. Sassa, president of Hearst Entertainment & Syndication and senior vice president of Hearst Corporation and Steven R. Swartz, president of Hearst Newspapers and senior vice president of Hearst Corporation. Prior to his role as publisher of the Times Union, George R. Hearst III was vice president, associate publisher and general manager of the Times Union, where he provided leadership to the strategic development and marketing areas and information technology departments. Malloch joined Hearst in 1991 as deputy group head of Hearst's Consumer Book Publishing and Trade Magazine Group. As president of Hearst Entertainment & Syndication, Sassa oversees the Hearst operating group responsible for the company's interests in cable television networks, television programming activities, newspaper syndication and merchandise licensing. Sassa has broad digital, broadcast and print backgrounds. Prior to joining Hearst, he served as founder and CEO of Uber. In 2008, Swartz was named president of Hearst Newspapers, the operating group responsible for Hearst's newspapers and yellow pages businesses. He was executive vice president of the Group from 2001.

Hearst Corp is in talks acquire Elle Magazine's operations in the USA; The New York Post reported citing sources. Elle is owned by Lagardere SCA. The report added that the deal may be a joint venture or the acquisition of a long-term license. As per the report, the Elle business in the US is valued about $200 million. The New York Post reported that both the companies denied commenting on the issue.

Hearst Corporation, Board Meeting, Aug 14, 2009 Agenda: To approve sale of a 20% interest in Fitch Group to Hearst Communication at a price of EUR 300 million.