G&J adds Carey to its stable

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David Carey, publisher of Cond1 Nast's venerable The New Yorker, becomes the latest magazine executive to join Gruner & Jahr USA Publishing. Arguably, he is the company's most high-profile poaching under yearling CEO Dan Brewster. Mr. Carey, 39, will become president and CEO of G&J's newly formed business information group, which oversees the company's recently acquired Inc. and Fast Company titles as well as all related brand extensions.

Mr. Brewster, who worked with Mr. Carey in the late '80s at Time Inc.'s now-defunct Life, said talks with Mr. Carey concerning a potential position at G&J had been "ongoing for the six months I've been in this job."

"I had a lot of staring at the ceiling at 3 a.m." over Mr. Brewster's offer, said Mr. Carey. Indeed, his phone calls to industry pals indicated his mind was not made up as recently as [Jan. 16]. "I loved The New Yorker and devoted my life to it for almost three years, but this is a bigger job ... backed with enormous resources from Gruner & Jahr and Bertelsmann."

Mr. Carey, who begins his new position Feb. 1, said an announcement about his replacement could come as early as next week. Names floated by Cond1 Nast insiders as potential replacements include Cond1 Nast Traveler publisher Lisa Hughes and New Yorker associate publisher David Kahn.

- Jon Fine

Copyright January 2001, Crain Communications Inc.

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