|'New York' has a new editor as well as a new owner.
WASSERSTEIN WINS 'NEW YORK' AUCTION
Financier's Deal Worth $55 Million in Cash
'NEW YORK TIMES' NAMES NEW FEATURES CHIEF
Sunday Magazine Editor Adam Moss to Assume Newly Created Position
The magazine today named Adam Moss, the former editor of The New York Times Magazine, editor in chief. Bruce Wasserstein, chairman of investment bank Lazard, acquired the title last December.
The news about Mr. Moss' move was first reported on mediabistro.com.
"Nobody who loves magazines like I do could possibly pass up the opportunity to take a title this great and move it into the future," Mr. Moss said. He said the title's new management has "demonstrated the will and commitment to make a magazine worthy of its heritage and subject, and I am grateful for them choosing me to lead it."
A New York spokeswoman said Caroline Miller, the long-suffering editor of the weekly under its previous ownership -- the tightfisted and micro-managerial Primedia -- would leave the title.
Mr. Moss said his last day at the Times will be Feb. 13. He is slated to start at New York March 1.
The deal with Mr. Moss was struck last night, individuals familiar with the matter said.
Last August The Times promoted Mr. Moss, 46, to a newly created position as assistant managing editor for features, to oversee a broad range of the paper's cultural coverage from arts to fashion to its weekly Circuits section.
A Times spokeswoman said a decision regarding a replacement for Mr. Moss has not been made yet.
Mr. Moss declined to discuss his plans for the title, other than to say that "the bones of New York from the beginning are still the bones now: great, provocative feature journalism; really useful and interesting service; bold voices and skeptical, loving coverage of the city."
Editor of the year
Mr. Moss' stewardship of the Times magazine won him Advertising Age's editor of the year honors in 2001.
Mr. Moss was deputy editor of Hearst's Esquire in the '80s, and in 1988 launched 7 Days, a highly regarded but short-lived precursor to the likes of Time Out New York.
Mr. Moss' move to New York comes a few years after the well-regarded editor stopped being automatically short-listed in press accounts as a replacement for any newly available top editorial job.
Responding in part to such notions, Mr. Moss told Ad Age in 2001 that his perch at the Times Magazine was "the best job in journalism right now."