Does Susan Lyne, Martha Stewart's CEO, Want Out?

Does Susan Lyne, Martha Stewart's CEO, Want Out?

Speculation is swirling that Susan Lyne, the CEO and president of Martha Stewart Living Omnimedia, may be looking to exit the company.

The clock started ticking on a one-year automatic renewable option clause as of yesterday, but the original pact that she signed in Nov. 2004 has not been replaced by a new long-term contract, according to the latest SEC filings. That agreement officially expired on Dec. 31, 2007.

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