Conde Nast like many of its counterparts has been undergoing a transformation. That transformation is being lead by Conde Nast’s defacto number two Jim Norton who seems to have full autonomy as CEO Bob Sauerberg continues to be MIA. Some of those changes included the elimination of 100 staffers. But now the changes are affecting higher level execs. It was just under two weeks ago that Howard Mittman who served as the Chief Business Officer for Conde’s men’s group exited to join Bleacher Report. Now this week Brendan Monaghan, Condé’s chief industry officer for fashion and luxury is also exiting after he was informed that his group was being split up and his role was being reduced which probably meant reduced pay as well. Though this news is being made public now, Mr. Monaghan’s resignation actually happened just three days after Howard Mittman’s according to the NY Post. Taking over for Mr. Monaghan will be Chris Mitchell who currently serves as Chief Business Officer for Vanity Fair and W. The changes being made under Mr. Norton’s leadership is designed to attract more advertisers to Conde’s brands.
You might also like
More from INS AND OUTS
The Washington Post is eliminating the Digital Editor title because according to the paper all editors are digital. Many will …