Condé Nast International’s president Nicholas Coleridge is stepping down and will be replaced by the company's current digital officer Wolfgang Blau, the company announced this morning.
Albert Read will be promoted from his current position as GM and deputy managing director of Condé Nast Britain and take on Coleridge’s responsibilities as managing director of Condé Nast Britain.Coleridge held the title for 26 years and is one of the longest-serving managing directors of a British media group.
He was responsible for the launch of UK editions of Condé Nast Traveller, Glamour, GQ Style,Wired and British Vanity Fair during his tenure, as well as oversaw the company's expansion into Russia, China, Japan, India and Eastern Europe.
Blau and Read will step into their new positions on August 1, when Coleridge officially leaves the company.
Blau joined Condé Nast in December 2015 after two years as The Guardian’s director of digital strategy. The company will harness Blau’s digital experience going forward.
Condé Nast has also created two new executive roles. Jamie Jouning has been appointed to the position of Vogue digital director and will be responsible for the brand's digital business across 21 markets, not including American Vogue. Jouning is currently publisher of British Glamour.
"Jouning's appointment as international Vogue digital director will make it easier for our advertising partners to harness Vogue's enormous digital strengths around the world," stated Jonathan Newhouse, chairman and chief executive of Condé Nast International.
James Woolhouse will become the first EVP/COO of Condé Nast International.
After stepping down in August, Coleridge will become chairman of Condé Nast Britain until “at least” the end of 2019, according to a statement published by Vogue.
In the U.S., Condé Nast is preparing for staff cuts. Last Thursday, a “handful” of employees were let go when the creative teams were consolidated, according to a report from WWD. Some copy editors were also let go.WWD suggests that a “big cut” is just around the corner.