| From
journalist to street vendor and back again
Gilman finds his fortune as
magazine editor
by Sharmin Barnes Will
His resume is varied – reporter for the Beaufort Gazette
and several Connecticut newspapers, freelancer, writer for a retail
industry magazine, editor of national publications, street vendor,
waiter.
Count
those last two as “real world” training for Hank Gilman,
especially for his most recent positions at the venerable Fortune
magazine. Not that he aspired to street vending or table waiting,
but no doubt they’ve helped him better understand what he
edits today.
If you flip open the current Fortune issue to the editorial masthead,
that’s Gilman in the No. 2 slot, deputy managing editor. Pretty
good for a 1975 news-editorial graduate, you say, at the “leading
biweekly business magazine” (so states its Web site) with
a worldwide circulation of 1 million plus and known for its annual
ranking of the 500 largest corporations.
“I would never recommend anyone to follow my career path,”
he said in a recent email interview.
But that first job in Beaufort was likely the best, he said. “I
got to cover everything from Port Royal politics to the Miss U.S.A.
pageant.”
After Beaufort, he worked for two Connecticut papers. He recalled
learning at the Journal Inquirer in Manchester “how to quickly
write and report for two different editions of a daily newspaper.
I don't think I did it very well, but there you have it.”
He said that after about a year of covering small-town planning
commission and board of education meetings, he was ready to move
on.
Then came those career diversions. He spent several months working
with a roommate “who was, essentially, a street peddler.”
“Every week he had a crew who would load up vans filled with
housewares and head to Washington, D.C., office and government buildings.
We handed out price lists in the morning and set up tables at lunch.
I was very good at selling Bibles and watches,” Gilman said.
That got old, and he returned to his hometown of Boston to freelance
and wait on tables. Those tables turned when he saw a New York Times
ad for a company looking for business writers. That led to a writing
job for Chain Store Age magazine, which covers the retail industry.
“As you might have figured out by now, I have a short attention
span,” Gilman wrote in his e-mail.
Two years later, he wrote to The Wall Street Journal “telling
them what I did for a living, and apparently the paper needed a
retail writer – talk about good timing – and hired me.”
He spent from 1984 to 1988 at the Journal, also covering technology.
Four years at the Boston Globe came next, followed by Newsweek
magazine as the senior editor leading an award-winning business
coverage staff. In 1996, he was hired as a Fortune editor and within
a year was given what’s now called FSB – Fortune Small
Business – to run (likely calling on his former “non-journalistic”
skills). This summer, he returned to Fortune proper as the deputy
managing editor.
Add in his serious consideration for the dean’s position
of what was to become the College of Mass Communications and Information
Studies (he eventually decided to withdraw and stay put), and you
can appreciate his credentials even more.
About his USC days, Gilman said he enjoyed “being around
like-minded people in the journalism program, especially folks like
Pat McNeely, Perry Ashley and Henry Price who really got you jazzed
about the business.”
Price remembers Gilman well. “Teachers can sometimes predict
success for their students. I think all of us who taught Hank Gilman
had a gut feeling that he was going to be a major achiever. It’s
nice when your predictions work out,” the retired professor
and dean said.
Gilman and his wife, Catherine Johnson, have three children: Kevin,
13; Edward, 8; and Kyle, 4, and he enjoys playing guitar with them.
Besides his family, he said his focus is “working hard to
keep Fortune at the top of the business magazine field.” He
says he still enjoys rock concerts and loves taking his children
to their hockey games.
He describes his day-to-day responsibilities at Fortune this way:
“Along with the managing editor, Rik Kirkland, I get involved
in every aspect of Fortune’s editorial operations: from managing
the staff to story selection to planning future issues to the approval
of pictures to the headlines that appear on the cover of the magazine.”
And he probably has a soft spot for those scrappy guys hawking
the handbags and sunglasses down on New York City’s Canal
Street. They, too, might be on their way to fame and "fortune,"
as Gilman could attest.
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