Martha Stewart Shuffles Deck

"My time at MSLO has been stimulating, rewarding and challenging," Follo said. "This Company has outstanding assets and a strategy to capitalize on them. It has dealt with the difficulties of the past few years admirably and I am confident the Company has the financial management in place to continue its progress. I believe this is the right time for me to explore the next stage of my professional career."

Follo has served as the company's CFO since March 2001 and has held his current position since October 2003.

Martha Stewart Living dropped 8 cents to $19.42.

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