Fast Company‘s Safian Was on Way Out at Fortune

We broke the news yesterday of Fortune‘s Bob Safian getting the nod as editor-in-chief and managing director at Fast Company. Now, several sources close to the situation tell our Revolving Door newsletter (which will be on mediabistro.com later today) that Safian was slowly being shown the door at Fortune before yesterday’s announcement, with a nice parting gift being prepared for him.

Notes RD: “Safian makes out like a bandit instead, running his own magazine again and replacing former editor-in-chief Mark Vamos, who will stay on with the magazine’s parent, Mansueto Ventures, as a corporate editor-at-large.”

Women’s Wear Daily, meanwhile, reports that the company was almost as eager to replace Vamos as Time Inc. was to shed itself of Safian and his no-doubt-hefty salary.

Revolving Door Newsletters [mediabistro.com]

EARLIER:

Breaking: Bob Safian Named Editor/Managing Director of Fast Company

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