Not an ideal day to be the CEO of a major magazine publishing company. First Hachette Filipacchi, the parent of mags like Elle and Car & Driver, announced that Jack Kliger was stepping down as CEO and moving to the chairman position effective Sept. 1. (Alain Lemarchand of Hachette's Paris-based parent Lagardere will take over as CEO.) Hours later, Hearst CEO Victor Ganzi, an 18-year veteran of the company, announced he was stepping down after having "policy differences" with the company's board. (Ex-CEO Frank Bennack Jr. will step in as chief in the interim.) We're guessing Victor's mom won't be feeling too sorry for her son this afternoon. Ganzi has the rare distinction of having dragged his 84-year-old mom to court last year.