Investor Takes Over Management Of Huffington Post

As the Huffington Post bulks up, the company is apparently changing management: CEO Betsy Morgan is on her way out, replaced by Eric Hippeau of investor SoftBank Capital, PaidContent reports.

Morgan joined HuffPo in October 2007 after working as general manager at CBSNews.com. As CEO, she served on the HuffPo board along with Hippeau, Arianna Huffington, co-founder Kenneth Lerer and Fred Harman of Oak Investment Partners, which in December put $US25 million into the internet publication.

That deal converted HuffPo’s election buzz and traffic into dollars, signaling that the publication was entering the media big leagues. Another key development was an investigative reporting grant, accompanied by the influx of veteran editors from other publications, including one from the Washington Post.

It’s been unclear whether the recent growth was compatible with founder Huffington’s often volatile and always idiosyncratic management style; today’s turnover could be a sign that HuffPo’s investors demanded closer supervision — or, less climactically, simply wanted Morgan out.

(Pic: Top via PaidContent, bottom via TechCrunch)