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Playboy Elects Scott Flanders Chief Executive

Stock quotes in this article: PLA  

CHICAGO (AP) — Playboy Enterprises Inc., the struggling adult-entertainment empire that may be sold, picked its new chief executive from the newspaper industry Monday, hiring away the head of the company that publishes the Orange County Register.

Scott N. Flanders will be the first permanent CEO at Playboy to come from outside the Hefner family. His naming ends a five-month search to fill the top job at the Chicago publisher and entertainment business after Christie Hefner, daughter of founder Hugh Hefner, resigned in December.

Jerome Kern has been serving as interim CEO. ...

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