Lisa Hearst Hagerman Elected a Director of Hearst Corporation and a Trustee of William Randolph Hearst's Will

NEW YORK, NY--(Marketwire - Jan 12, 2012) - Lisa Hearst Hagerman, 48, has been named a director of The Hearst Corporation and, in a separate action, has been elected a testamentary trustee of the trust established under the will of William Randolph Hearst. The announcement was made today by Frank A. Bennack, Jr., CEO of Hearst Corporation, and George R. Hearst, Jr., chairman of the Board of Directors.

Hagerman, a great-granddaughter of William Randolph Hearst, succeeds her father, the late John R. Hearst, Jr., in both positions.

The Hearst Corporation, one of the nation's largest diversified media companies, is owned by The Hearst Family Trust. Among other responsibilities, the 13 trustees elect members to the Corporation's Board of Directors.

With Hagerman's election, the trustees of The Hearst Family Trust are: James M. Asher; David J. Barrett; Anissa B. Balson; Bennack; John G. Conomikes; Ronald J. Doerfler; Hagerman; George R. Hearst, Jr.; William R. Hearst III; Harvey L. Lipton; Gilbert C. Maurer; Mark F. Miller; and Virginia Hearst Randt.

Hagerman is an associate editor of House Beautiful, having also worked as a promotion coordinator at County Living. A graduate of the Chapin School and Connecticut College, she is the mother of three children and is married to George Hagerman. The family resides in California.

About Hearst Corporation
Hearst Corporation (www.hearst.com) is one of the nation's largest diversified media companies. Its major interests include ownership of 15 daily and 37 weekly newspapers, including the Houston Chronicle, San Francisco Chronicle, San Antonio Express-News and Albany Times Union; hundreds of magazines around the world, including Good Housekeeping, Cosmopolitan, ELLE and O, The Oprah Magazine; 29 television stations, which reach a combined 18% of U.S. viewers; ownership in leading cable networks, including Lifetime, A&E, History and ESPN; as well as business publishing, including a minority interest in Fitch Ratings; Internet and marketing services businesses, television production, newspaper features distribution and real estate.