Conde Nast creates business publishing group

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New York—Conde Nast Publications announced it has formed a new business publishing group that will produce a monthly magazine and corresponding Web site. The title and launch timing have not been determined.

The venerable consumer publisher of 18 magazines has tapped David Carey as president of the new group. Carey was previously VP-publisher of The New Yorker, a Conde Nast publication, and before that worked for SmartMoney, a joint venture between The Wall Street Journal and Hearst Corp., and as president-CEO of Gruner & Jahr’s Business Information Group.

Joanne Lipman, deputy managing editor of The Wall Street Journal, was hired as editor in chief of the new publication. Lipman is credited with creating the newspaper’s “Weekend Journal" and “Personal Journal” sections during her tenure.

—Carol Krol



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