NEW YORK, NY – November 4, 2013 – Time Warner Inc. Chairman and CEO Jeff Bewkes today announced that Karen Magee has been elevated to Executive Vice President, Chief Human Resources Officer. Ms. Magee will report to Mr. Bewkes and will be responsible for the company’s human resources strategy including global compensation and benefits, global organizational and leadership development, worldwide recruitment and executive search, and diversity.

In announcing Ms. Magee’s promotion Jeff Bewkes said: “Over the last several years Karen has provided results-oriented leadership in human resources, working with our top executives across the business units to better define, measure and achieve success. Karen’s efforts have helped to create a workplace environment that attracts and motivates high-caliber talent, which in turn enables us to develop and distribute great television, film and journalism content that is valued by audiences worldwide.”

Ms. Magee’s promotion is effective January 1, 2014. She has served as Senior Vice President and Chief Human Resources Officer, reporting to Chief Financial and Administrative Officer John K. Martin since January 2011. As previously announced, Mr. Martin will become CEO of the company’s Turner Broadcasting Systems unit January 1, 2014.

Ms. Magee said, “It is a pleasure to be part of an organization that puts a premium on creating an inclusive work environment where all employees can grow and thrive. Jeff Bewkes, John Martin and the entire Time Warner management team recognize that the company’s success is predicated on having a high-performing and engaged employee base. I look forward to building on the culture of strategic collaboration as we position Time Warner for continued success.”

In 2010, Ms. Magee rejoined Time Warner as Senior Vice President, Administration, Shared Services. In that role, she spearheaded the company-wide enterprise services initiative, with a focus on improving the efficiency of support services in Information Technology, Real Estate & Facilities, and other areas.

From 2006 to 2009, Ms. Magee was the Chief Executive Officer of PlanetOut Inc., a publicly traded media and entertainment company based in San Francisco.

Before joining PlanetOut, Ms. Magee was the Senior Vice President of Strategic Planning for Time Warner, a position she assumed in 2004. In this role, she was responsible for overseeing Time Warner’s strategic planning group, which provided management consulting and business development services to both corporate senior management and the divisions of Time Warner. Ms. Magee joined Time Warner Corporate from Time Inc., where she was Senior Vice President of Strategic Planning, beginning in 2001.

She joined Time Inc. Strategic Planning from TIME magazine, where she served first as General Manager and later as Vice President of Consumer Marketing. Previously, Ms. Magee served as General Manager of Time Inc. Ventures, Director of Finance for Time Inc., General Manager of Time Inc.’s Corporate Sales and Marketing Division, and Business Manager of People magazine. Ms. Magee began her career at Time Inc. as an Analyst in Corporate Finance, after spending a year doing management information systems work at Esquire magazine.

A graduate of Princeton University’s School of Engineering and Applied Science, Ms. Magee served on the University’s Board of Trustees for 14 years. She attended the Radcliffe Publishing Course before beginning her career in publishing, and holds an M.B.A. from the Wharton School of the University of Pennsylvania. Ms. Magee was a member of the Board of Directors of PlanetOut Inc. from 2003 to 2009. In addition to her non-profit work with Princeton, she served on the GLAAD (Gay & Lesbian Alliance Against Defamation) Board of Directors for six years, and chaired the board for four.