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FORTUNE Smiles
By Jolene Sykes/Publisher; Michael Pepe/President, Business Information Group

(FORTUNE Magazine) – Nobody writes about successful corporate revolutions better than FORTUNE, but there's one we haven't covered. After three years of strong growth, this magazine has pulled ahead of the competition to become the world's leading business biweekly by every important measure: circulation, newsstand sales, total audience, and advertising revenues. That's why we asked to borrow this space--normally the property of our editors--so that we could boast about the transformation they've led.

Every revolution starts with a revolutionary, and at FORTUNE that change agent has been managing editor John Huey. Since John took charge in 1995, he has expanded our coverage beyond the big-company management stories FORTUNE is famous for to include lively regular departments on topics ranging from infotech and the economy to careers and personal investing. Alongside timely dissections of trends and unrivaled in-depth analysis, John and his editors also sparked a renewed zest among our writers for compelling storytelling that hits readers in the heart and guts as well as the brain.

This has been a global revolution. Under the direction of Huey's partner, deputy managing editor Rik Kirkland, FORTUNE has opened six new foreign bureaus, expanded Asian and European editions--and seen its rate base rise in both regions. Combine all that with a Chinese-language edition launched last year and FORTUNE Americas, our Spanish and Portuguese biweekly supplement now distributed by leading newspapers throughout Latin America, and no other magazine matches our worldwide reach.

While we're delighted by the accolades now flowing in, such as John's back-to-back selections as Editor of the Year by Advertising Age in 1997 and AdWeek in 1998, we're most gratified by the response of our readers, who are devouring covers like those pictured above in record numbers. Stay with us. This revolution has barely begun.