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January 8, 2008
The biggest executive shakeup Condé Nast's seen in years went down on Monday, as chairman Si Newhouse returned from vacation. It was under similar circumstances four years ago that the lateSteve Florio was put out to pasture as CEO; this latest management reorg hopefully shed some light on who will be running the show in another few years, when both Si and current CEO Chuck Townsend have retired. The biggest bombshells: the departure of group president Mitchell Fox, who had been hanging around in the Townsend succession race; and the elevation of David Carey to group president ...
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