Conde Nast CEO to Resign Feb. 16

Share this content:
Steven T. Florio resigns next month as president/CEO of Conde Nast Publications after 10 years as overseer of the New York publisher of such glossy magazines as Vogue, Tatler, Glamour and Vanity Fair.


The feisty executive Feb. 16 takes the less demanding post of vice chairman of Conde Nast parent Advance Magazine Group. He is said to have stepped down for health reasons.


"I have been thinking about this change for some time," Florio said in a statement. "Performance-wise, 2003 was Conde Nast's best year and I wanted to end my tenure as president and CEO on a high note."


As vice chairman of the privately held Advance, Florio will report directly to chairman S.I. Newhouse. Advance's units include Conde Nast, Golf Digest Companies, Parade Publications and Fairchild Publications.


Florio in January 1994 became president of Conde Nast, adding the CEO title two years later.


His replacement at Conde Nast is Charles Townsend, chief operating officer of Advance Magazine Group. Townsend's previous stints included the publisher position at Glamour and head of The New York Times Co.'s women's magazine publishing group.


Florio was named president of The New Yorker in May 1985 when Advance Publications bought the magazine. Three years later he gained the title of CEO. Prior to The New Yorker, Florio was publisher for six years of GQ magazine.


The New York native began his publishing career at Esquire, where he rose from research associate at the magazine to president and advertising director in only nine years.


Sign up to our newsletters

Company of the Week

Brightcove is the world's leading video platform. The most innovative and respected brands confidently rely on Brightcove to solve their most demanding communication challenges because of the unmatched performance and flexibility of our platform, our global scale and reliability, and our award-winning service. With thousands of customers and an industry-leading suite of cloud video products, Brightcove enables customers to drive compelling business results.

Find out more here »

Career Center

Check out hundreds of exciting professional opportunities available on DMN's Career Center.  
Explore careers in digital marketing, sales, eCommerce, marketing communications, IT, data strategies, and much more. And don't forget to update your resume so employers can contact you privately about job opportunities.

>>Click Here

Relive the 2017 Marketing Hall of Femme

Click the image above