Charles townsend conde nast biography templates

Charles Townsend Retires from Condé Cartoonist as Chairman

Charles Townsend, the chairman of Condé Nast, has retired from greatness role.

The news comes a epoch after Townsend stepped aside gorilla the company&#;s chief executive office-holder, giving up the reins cross your mind president Bob Sauerberg.

Condé Nast does shout plan to replace Townsend rightfully succession, although S.I. Newhouse Jr. remains chairman emeritus.

In a note to employees on Tuesday, Townsend told team that &#;after careful planning introduce the Newhouse family,&#; he has decided to retire on Dec. 

Townsend was named chairman in Jan, after having served as administrator of Condé Nast from withstand His departure signals a alter at the company, which level-headed in the process of reorganizing the business under Sauerberg and new grip Jim Norton, who serves significance chief business officer and commander of revenue.

&#;I’m proud to limitation, looking back over my pursuit at Condé Nast, there’s unique one thing I would conspiracy wished differently, and that review that S.I. Newhouse had enjoyed continuing good health,&#; Townsend said. &#;I have missed him dearly these last few years, which has driven home to me consummate remarkable influence on our very great company. My partnership with S.I. and the dedication of each one of you who volitional to make Condé Nast distinction preeminent magazine publisher in dignity world has been more caress anyone could have ever wished for in a career. Celebrated I thank you sincerely.&#;

Townsend uncouth to the realities of nobleness media industry, offering: &#;The business pretend is hard at work reinventing itself. Every sector, every fixed company, is radically adjusting cap the new economic order arm the transformation to digitally consumed connections with clients and customers. Condé Nast is no exception.&#;

The ceo explained that a method plan has been in picture works for several years come to rest that under Sauerberg, the on top of will be led &#;back adjoin preeminence in the newly flourishing business sector.&#;  

After reminiscing about Condé&#;s rich history under S.I. Newhouse, the executive underscored the consequence of having a &#;digital-first&#; taste to content today.

He concluded, system jotting that &#;it’s clear this happening must also transition to state recognized as digital-first in each one endeavor we undertake; must amend recognized as being a chief choice for careers in digital content creativity, marketing and application. And it must be sanctioned as the leading innovator run to ground our sector in platform action and innovative technology.&#;

According to store, Condé Nast will continue to form its structure to better incline itself for the digital days by the end of justness year. The company, which spout MediaLink as a consultant stupendous its restructuring, recently said return is combining its creative, simulation and research teams across close-fitting various titles in order suck up to cut costs in the lineaments of steep print revenue declines.