Nancy Gibbs, Time Magazine’s Top Editor, Is Stepping Down<br />Ms. Gibbs said she would stay at Time Inc. through the end of the year as the editorial director of company’s<br />news group, a position she has held since last year, and would help with the magazine’s transition<br />“I’m now going to go do my next thing.”<br />Ms. Gibbs, who joined Time in 1985 as a fact-checker<br />and was named the magazine’s top editor in 2013, helped steer the nearly century-old magazine through a period of great transition for its parent company, Time Inc.<br />Since the company spun off from Time Warner in 2014, it has brought on a new leadership team<br />that has implemented an aggressive strategy to transform the print magazine publisher into a digital media company as it combats declining print advertising and circulation.<br />Ms. Gibbs said that she had embraced the changes at Time Inc., whose stable of magazines also includes Sports Illustrated and People.