Legacy media firm Condé Nast—which homes iconic editorial titles together with The New Yorker, Vogue, and Self-importance Honest—employed veteran media government Elizabeth Herbst-Brady as its new chief income officer, in response to a spokesperson for the corporate.
Herbst-Brady will assume the position just lately vacated by Pamela Drucker Mann, who had served as CRO since 2019 and left the corporate earlier this month. Herbst-Brady will formally start with the corporate on the finish of September.
“I’m thrilled and honored to join this incredible team and to be part of Condé Nast’s exciting future,” Herbst-Brady stated in an announcement. “For decades, I’ve admired and have been an avid consumer of so many of the titles. Today, there’s nowhere else I’d rather be than at the epicenter of such iconic brands that continue to define our culture.”
As a part of the rent, Condé Nast will mix its business and client income divisions, which had beforehand existed as distinct operations.
Drucker Mann led business income, and Glenn Eisen, performing international chief advertising and marketing officer and head of client income, led client. Going ahead, Herbst-Brady will oversee each strains of enterprise, with Eisen remaining as head of client however now reporting to Herbst-Brady.
Previous to becoming a member of Condé Nast, Herbst-Brady served as Yahoo’s CRO for 4 years, the place she oversaw all strains of enterprise and was the overall supervisor of its demand-side platform. Yahoo has been privately held by non-public fairness agency Apollo International Administration since September 2021, however Axios reported that the corporate generated $8 billion in top-line income in 2022.
Herbst-Brady additionally beforehand held government roles at Snap, Viacom, Starcom Worldwide, Common Tv, and Fox. She has a bachelor of arts diploma from Harvard College.
The chief joins Condé Nast at a essential juncture for the group, which underwent a protracted spherical of layoffs in the beginning of the 12 months.
The privately held firm has reportedly grown income for the previous three years and is break-even commercially. Nonetheless, it has not offered monetary specifics since 2021, when it generated $2 billion in top-line income.