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Posts Tagged ‘Conde Nast’

Chris Mitchell Named Vanity Fair Publisher, Howard Mittman GQ Publisher

CondeNastLogoVanity Fair has itself a new publisher. Chris Mitchell, previously GQ’s VP and publisher, has been tapped for the same role with Vanity Fair. Mitchell had been GQ’s VP and publisher since 2011. Previously he served in the same role for Condé Nast Traveler.

Mitchell is replacing the void left by Edward Menicheschi, who was named chief marketing officer and president of Condé Nast two weeks ago.

At GQ, Howard Mittman will succeed Mitchell. Mittman had served as Wired’s VP and publisher since 2009. He previously served as Wired’s associate publisher. Mittman’s successor at Wired will be named shortly.

“Many of you know Chris and Howard, and are familiar with their numerous successes at Condé Nast,” wrote Condé’s president, Bob Sauerberg, in a memo to staffers. “I am confident that in their new roles, they will continue to achieve the outstanding results that have defined their accomplished careers with us.”

Morning Media Newsfeed: Bloomberg Back to Lead Company | Obama Vows Justice for Sotloff

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Michael Bloomberg to Return to Lead Company He Founded (NYT)
Michael R. Bloomberg has decided to reassume the leadership of his business empire only eight months after ending his final term as mayor of New York. Late Wednesday, Bloomberg told close confidants and senior executives of Bloomberg LP, a financial data and media company, that Daniel L. Doctoroff, its chief executive and a longtime friend and lieutenant, would leave the company at the end of the year and that he would take over. FishbowlNY It seems like only yesterday that Bloomberg was chiding us for drinking large sodas and eating too much salt. In fact, that was about nine months ago. During the time since he vacated the mayor’s office, Bloomberg has become bored. And so he’s returning to a little company called Bloomberg LP, as its CEO. WSJ In a statement, Bloomberg said he hadn’t intended to return to Bloomberg LP after his mayoral stint was completed. “However, the more time I spent reacquainting myself with the company, the more exciting and interesting I found it — in large part, due to Dan’s efforts. I have gotten very involved in the company again and that led to Dan coming to me recently to say he thought it would be best for him to turn the leadership of the company back to me.” NPR / The Two-Way Both Bloomberg and Doctoroff, a former deputy mayor under Bloomberg before being tasked with running the company, told the Times that there was no animosity between them regarding the shift. Forbes Bloomberg only had praise for his former deputy, who took revenues from $5.4 billion in 2007, just before he became president, to more than $9 billion this year.

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Condé Nast Names Gina Sanders President of Global Development

Condé Nast has named Gina Sanders president of global development. Sanders most recently served as president and CEO of Fairchild Fashion Media, a role she held since 2010.

Sanders is has been with Condé for more than two decades. During her time with the company, she has served as VP and publisher of Lucky, founding VP and publisher of Teen Vogue, and VP and publisher of Gourmet and Details.

“In today’s dynamic business environment, it is more important than ever to have a coordinated global network and reach,” said Chuck Townsend, Condé’s CEO, in a statement. “With Gina’s extensive relationships and strong business acumen, we will be able to fully harness the power of our brands worldwide.”

Morning Media Newsfeed: 550 Buyouts, Layoffs at Turner | Amazon Acquires Twitch

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550 Buyouts, Layoffs Imminent at Turner; HLN, CNN Among Cuts (The Wrap)
Some 550 buyouts are to be offered at Time Warner’s Turner network this week, including a large number of those at CNN and HLN, which will lead to layoffs if they are not taken voluntarily, according to an individual with knowledge of the network’s plans. TVNewser CNN chief Jeff Zucker will certainly want to protect CNN’s investment in original series and documentaries; the type of programming he’s gone all in on since taking the reins last year. Which departments and programming are affected by cuts remains to be seen. Variety Word of the staff cuts comes at a time when key Turner nets are at a crossroads. Turner’s entertainment networks are poised for a management overhaul following the departure in April of Steve Koonin as entertainment group chief. Meanwhile, CNN sibling HLN has been rumored to be in for a major makeover, possibly in a partnership deal between Time Warner and Vice Media. B&C The buyouts are part of the Time Warner unit’s efforts to cut costs as part of new CEO John Martin’s Turner 2020 plan aimed at cutting costs and aligning spending with company priorities. Turner officials had no comment, but sources said that the voluntary layoffs will be offered throughout Turner, including its news networks CNN and HLN, as well as its entertainment networks, including TNT and TBS. The company is not aiming at a specific headcount but rather is seeking to hit an expense number that includes personnel and other costs. THR The plan at Turner, which employs about 14,000 people worldwide, involves a formula that will allow workers at least age 55 and with a certain number of years seniority to take a buyout somewhat more generous than the usual two weeks of pay for every one year of service, according to a person familiar with the situation.

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Morning Media Newsfeed: Condé Nast Names CMO | Gregory Writing Book on Jewish Faith

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Edward Menicheschi Named CMO of Condé Nast (FishbowlNY)
Edward Menicheschi has been named chief marketing officer and president of Condé Nast. Menicheschi most recently served as Vanity Fair’s VP and publisher. New York Post Menicheschi will replace Lou Cona, who is getting the boot. Some were speculating that Gina Sanders, the president of Condé’s Fairchild division, might land the vacant Vanity Fair job now that her group is being sold to Penske Media Corp. Capital New York Cona has served as the media group’s president and chief revenue officer since April 2013. As home to the publisher’s corporate and digital sales and marketing teams, the division is a central corridor of business-side power. Cona first ascended the corporate ladder to the media group in 2010 after his own stint as Vanity Fair’s vice president and publisher, and a run at The New Yorker before that. WWD Cona’s departure came as a surprise to some within Condé. In April 2013, he was promoted after he mused about retiring at the ripe age of 55. TheWrap Prior to Menicheschi’s role at Vanity Fair, he was president of WWD Media Worldwide. He has held a number of senior roles at Vogue and GQ.

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Edward Menicheschi Named CMO of Condé Nast

Edward Menicheschi has been named chief marketing officer and president of Condé Nast. Menicheschi most recently served as Vanity Fair’s VP and publisher.

Menicheschi is succeeding Lou Cona, who is “leaving the company after many years of distinguished service,” wrote Robert Sauerberg, Condé’s president, in a memo announcing the change. “Lou has been an invaluable business partner and we wish him well.” Cona had been with Condé since 2008.

“Many of you have worked with Edward during his tenure here and are familiar with his deep understanding of our brands, audiences and advertisers,” added Sauerberg. “He will bring his considerable skills and experience to bear as we expand our advertising and marketing influence across all platforms.”

Condé is expected to name a new publisher for Vanity Fair soon.

Morning Media Newsfeed: Obama Honors Foley | Afghanistan Expels NYT Reporter

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Obama: Foley Execution ‘Appalled’ the Entire World (TVNewser)
President Obama took the podium Wednesday in Martha’s Vineyard to speak about James Foley, the American journalist who was beheaded by ISIS in a video released Tuesday. The United States Wednesday morning verified the authenticity of the video, which also shows another captive American journalist, Steven Sotloff, and warns that he will be next to die. FishbowlDC Obama said, “No just God would stand for what they did yesterday or every single day… People like this ultimately fail. They fail because the future’s won by those who build and not destroy. The world is shaped by people like Jim Foley.” ABC News, CBS News, NBC News, FOX News, CNN, MSNBC and Al Jazeera America all broadcast Obama’s statement live. NYT Obama declared on Wednesday that the entire world was “appalled” by the videotaped beheading of Foley by Islamic militants, speaking as American warplanes conducted 14 airstrikes in Iraq and the State Department asked the Pentagon to send as many as 300 more American troops to Iraq for security. Mashable Obama sent U.S. troops to Syria earlier this summer to rescue a number of Americans held by a violent extremist group, including Foley, but the troops did not find the hostages, senior Obama administration officials said Wednesday. The officials said the rescue mission was authorized after intelligence agencies believed they had identified the location inside Syria where the hostages were being held. HuffPost Associated Press CEO Gary Pruitt condemned the murder of journalist Foley in a statement on Wednesday. His murder should be treated as a war crime, according to Pruitt. Foley went missing in Syria in 2012. He contributed to the GlobalPost and Agence France-Presse, among other media outlets. TVNewser CBS’s Clarissa Ward changed her profile picture, Fox News’s Conor Powell remembers him as “a great guy,” while Al Jazeera journalist Mohamed Fadel Fahmy, himself imprisoned in Egypt, says Foley’s murder “will spark a revolution against terrorists.” These are just some of the ways those who knew and worked alongside the intrepid journalist are remembering their colleague killed by ISIS militants.

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Matt Rice Named Style.com Publisher

Condé Nast has named Matt Rice publisher of Style.com and NowManifest, the curated blog portal. Rice has served as associate publisher of the brands since 2012.

Rice has been with Condé since 2007. He previously served as advertising director of Style.com and executive director, international fashion of Style.com, WWD and WWD.com.

“Matt has been very effective at building awareness of Style.com and NowManifest among advertisers looking to connect with deeply-engaged audiences of fashion influencers,” said Robert Sauerberg, Condé’s president, in a statement. “He will continue to expand these brands at Condé Nast as we look to increase their reach on all platforms.”

Morning Media Newsfeed: ISIS Claims to Execute Journalist | Condé Nast Sells Fairchild

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Kidnapped Journalist, Apparently Executed by ISIS (NBC News)
The Islamic State of Iraq and al-Sham (ISIS) claims to have beheaded an American photojournalist and has threatened the life of another American journalist if President Obama doesn’t stop airstrikes in Iraq. TVNewser In a gruesome video, James Wright Foley, a freelance journalist for Global Post, is apparently beheaded by ISIS militants. The militants claim they are also holding journalist Steven Soltoff. HuffPost The YouTube video and photos purportedly of Foley emerged on Tuesday. Titled “A Message to #America (from the #IslamicState),” the video identified a man on his knees as “James Wright Foley” and showed his beheading. “This is James Wright Foley, an American citizen of your country,” an Islamic State militant says in the video, which has since been removed by YouTube. “As a government, you have been at the forefront of the aggression towards the Islamic State. You have plotted against us and have gone far out of your way to find reasons to interfere in our affairs. Today, your military air force is attacking us daily in Iraq, your strikes have caused casualties among Muslims.” Politico / Dylan Byers on Media Foley disappeared in northwest Syria on November 22, 2012. The White House said they have not yet confirmed the authenticity of the video. NYT In Washington, a National Security Council spokeswoman, Caitlin Hayden, said in a statement: “We have seen a video that purports to be the murder of U.S. citizen James Foley by ISIL. The intelligence community is working as quickly as possible to determine its authenticity. If genuine, we are appalled by the brutal murder of an innocent American journalist,” she said, using an alternative name for ISIS.

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Penske to Acquire Fairchild Fashion Media

FFMLogoCondé Nast wouldn’t comment. But according to New York Times media reporter Ravi Somaiya, Jay Penske is about to add an impressive group of media properties to his PMC empire.

From Somaiya’s report:

Condé Nast plans to sell Fairchild Fashion Media, the group behind trade publications like Women’s Wear Daily and Footwear News, to Penske Media for around $100 million, according to a person familiar who has been briefed on the deal.

Fairchild’s employees will go with the new company, the person, who spoke on condition of anonymity to reveal an as-yet unannounced deal, said.

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