Atlanta, Georgia (CNN) -- CNN President Jim Walton announced a major shakeup of CNN management Friday, replacing the head of CNN/US with a long-time CNN executive known for his business turn-around skills. HLN head Ken Jautz takes over as executive vice president of CNN/US, replacing Jonathan Klein, who headed the network for six years. CNN's chief marketing officer Scot Safon will run HLN, replacing Jautz. Walton also said he would hire a managing editor to "help leverage our newsgathering resources across multiple platforms." "Ken is a rarity -- a working journalist who is an even better news  executive," wrote Walton in a memo to staff. "Ken has launched, made  profitable and turned around businesses for our news organization,  Turner Broadcasting and Time Warner literally around the world."
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HLN head Ken Jautz replaces CNN/US President Jonathan Klein
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Marketing guru Scot Safon given helm of HLN
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CNN announces plan to hire managing editor for CNN Worldwide
The memo sent to staff said @placeholder is leaving CNN.