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Dont date a BNEW YORK - Martha Stewart handed over her keys to the executive suite of the media empire she built Monday, a little more than a week after she was convicted on four federal charges. advertisement But she’s not cutting ties to the multimillion-dollar business that grew from a suburban Connecticut catering business. Stewart stepped down from her board seat and gave up her chief creative officer title, but will still retain a creative role at Martha Stewart Living Omnimedia Inc., indicating that company officials believe they’ll be better off with her than without her. The self-made queen of domestic arts — whose name has been stamped on magazines, TV shows and household products — will take the title of founding editorial director. In that role, Stewart, 62, will continue to provide creative inspiration for new product design and development; pen two pending books, “Homekeeping” and “Baking”; and provide input on the continuing evolution of the company and its brand and strategic issues, the company said. She will report to chief executive officer Sharon Patrick. FACT FILE Charges in Stewart case Here are the government’s charges against Martha Stewart and former stockbroker Peter Bacanovic: Martha Stewart • Conspiracy • False statements • False statements • Obstruction of justice Peter Bacanovic • Conspiracy • False statements • Making and using false documents • Perjury • Obstruction of justice Penalties GUILTY Alleges Stewart and Bacanovic "willfully and knowingly" worked together to obstruct justice and make false statements in the stock-trading scandal.
Approximate Word count = 895
Approximate Pages = 3.6
(250 words per page double spaced)
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