Annual Edition 'Buying Power of
Black America' report breaks down billions in expenditures Black
consumers are responding to tighter economic condition by focusing more of
their spending on items and services that improve their homes and
lifestyle. That's one of the trends revealed in the 15th annual report,
"The Buying Power of Black America," published by Target Market News. The
report analyzes spending for black households in 2008 and finds that
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Sempowski Ward resigns as President, COO of Johnson Publishing Co.
12, 2010) Johnson Publishing Company Chairman & CEO, Linda Johnson Rice,
today announced the resignation of President and COO Anne Sempowski
"Anne has been a significant asset to our company and led key,
corporate-wide initiatives for EBONY, JET and Fashion Fair," said
Johnson Rice. "During Anne's tenure, we underwent significant
restructuring and reorganization of the company," Johnson Rice added.
"Her contributions have helped to position the company for the future."
Johnson Rice told Target Market News that the positions held by
Sempowski Ward will be eliminated.
Sempowski Ward, who joined JPC in 2007, said she expects to join her
husband, Kevin, in managing his business-consulting firm. "With the
birth of our son in May, this is the ideal time for me to chart a new
"It has been a phenomenal privilege to be the first member from outside
of the Johnson family to serve as president and COO of both the
publishing and cosmetics divisions of Johnson Publishing Company," said
Sempowski Ward. "I am grateful for Linda Johnson Rice's confidence in
entrusting me with such a significant responsibility. Working with so
many dedicated people has been personally and professionally rewarding
and I will miss them dearly."
Johnson Rice said the company is focused on executing a strategy it put
in place some time ago. "As we approach the 60th anniversary of Ebony
magazine, we continue to move forward," she added.
Last month, JPC hired former Deputy Editor-in-Chief of Harper's Bazaar
magazine, Amy Dubois Barnett, to be Editor-in-Chief of Ebony magazine.
Also in June, former White House social secretary and Illinois Lottery
director, Desiree Rogers, was retained a consultant to the company.
In August, JPC will host the Ebony Education Roundtable. The forum will
take place at the University of Chicago and to be broadcast over MSNBC
and moderated by Tamaron Hall.