Longtime Condé Nast executive Tom Florio will leave the magazine publisher at the end of the month. Florio has recently served as the company’s SVP and publishing director. It’s not clear why he is stepping down or what he will be doing next. In a memo obtained by paidContent, Current CEO Chuck Townsend praised his work on The New Yorker, Condé Nast Traveler and GQ, and in particular, for expanding Vogue and Teen Vogue beyond print into digital platforms, television and retail.
Florio is the younger brother of Steve Florio, the CEO and president of Condé Nast, who died of heart disease in 2007. His departure comes at a somewhat healthier time for Condé Nast, which has experienced a recovery from last year’s severe ad declines at many of its titles. The news was first reported by WWD.
While publishing insiders speculate about what Florio’s next move is, don’t expect Condé Nast to name a successor, AdAge says, though there was a long list of candidates.
One person was Carol Smith, who recently joined Condé Nast to become VP-publishing director for Bon Appetit and the Gourmet. Smith departed Hachette Filipacchi as SVP and chief brand officer for the Elle group — a job that just went to magazine vet Robin Domeniconi, who left Microsoft (NSDQ: MSFT) to take it. But Condé Nast appears to be happy with Smith where she is.