Breaking News: Rodale CEO Resigns

Steven Pleshette Murphy, president and CEO of Rodale Inc., has announced he is stepping down from his post. Maria Rodale, the company's chairman and granddaughter of its founder J.I. Rodale, will succeed Murphy as CEO effective Sept. 1.

Murphy, 55, joined the company as president and chief operating officer in 2000. He says he is stepping aside to "pursue my own creative interests."