According to a report from WWD, Vanity Fair editor Graydon Carter sent out an e-mail to staff Wednesday announcing the news. “After 17 enormously successful and Fanfair-filled years with Vanity Fair, Punch has decided she wants to make a change and move on once she has closed the April issue pages,” he wrote.

Hutton joined Vanity Fair in 1998 as Carter’s assistant. Hutton was editor of the “Fanfair” section and re-introduced the magazine’s party pages in the “Fairground” section.

“Punch wants to pursue new creative challenges, wherever they may be,” Carter continued. “I fully expect that she will be as successful in this new chapter of her life as she was in her Vanity Fair one.”

According to a spokesperson, Hutton is “looking at a variety of options” for the future.

The spokesperson also assured Publishers Daily that Hutton’s stepping down was entirely her own decision and that though they have not found a replacement for her. The publication has begun speaking to candidates for the position.

Hutton was one of four deputy editors on VF’s masthead. She is also the creator of Punch Shifts, a fashion line of shift dresses.