Below Mann, Condé Nast additionally overhauled its gross sales infrastructure to function as a world firm, and it transitioned right into a digitally native operation whereby the vast majority of its income comes from digital merchandise.
In 2021, the corporate mentioned it generated its first revenue in years. Extra not too long ago, Condé Nast posted flat income good points in 2023, with losses in promoting offset by development in its subscription, commerce and occasions companies, in response to Axios.
“[Mann] is leaving at a time when our industrial operations are higher than ever as a result of she’s constructed an incredible crew of leaders and specialists across the globe,” Lynch mentioned in an announcement. “They’ve been resilient to the publishing trade’s headwinds, at all times pivoting and discovering methods to over-deliver and put us on prime.”
Her departure comes at a key juncture for the media trade, as generative AI threatens to undermine the panorama of search visitors, in addition to core capabilities just like the manufacturing of textual content, imagery and video.
“What began as a print journal firm now reaches over a billion customers worldwide, and bringing in new audiences has unlocked artistic and industrial alternatives by no means earlier than imagined,” Mann mentioned.
“This unimaginable transformation wouldn’t have been potential with out your dedication and onerous work, and I’m honored to have been part of it,” she added.
