CONDE NAST HIRES JOANNE LIPMAN AWAY FROM WALL STREET JOURNAL
Will be Editor-in-Chief of New Business Magazine and Web Site
Louis Cona, vice president and publisher of Vanity Fair since 2001, will succeed Mr. Carey at the helm of The New Yorker. Mr. Cona had previously been publisher at In Style and previously worked at magazines including People and USA Today.
Alan Katz, publisher of Cargo since its launch last year, was promoted to succeed Mr. Cona as vice president and publisher at Vanity Fair. Mr. Katz joined Condé Nast from New York magazine, where he had been publisher since 1999.
The moves follow the announcement yesterday that Condé Nast had raided The Wall Street Journal to hire Joanne Lipman, the deputy managing editor who launched the Personal Journal and Weekend Journal sections, to edit a planned monthly business magazine and Web site. She will report to S.I. Newhouse Jr., the chairman of Advance Publishing, and Tom Wallace, editorial director at Conde Nast Publications.
New business magazine group
Ms. Lipman will be editor in chief of the magazine, whose title and precise focus have not been decided. It is expected to launch in 2007.
The entry into business coverage could help Condé Nast Publications attract revenue from beyond its fashion, beauty and luxury core.