From the Editor-In-chief

With this week's issue time has a new managing editor, James R. Gaines, the 13th in a line of succession that goes back to the magazine's founding in 1923. He replaces Henry Muller, who is moving up the masthead to join me in the management of all our Time Inc. magazines as the company's editorial director.

In his 5 1/2 years at the helm of TIME, Muller has brilliantly presided over not only the coverage of some of the most tumultuous years of news in our generation but also the most fundamental redesign of TIME since it invented the newsmagazine. Under...