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Conde Nast Chairman Chuck Townsend Packs it In, Heads Into Retirement

The changing of the guard continues throughout the magazine publishing industry. Conde Nast Chairman Chuck Townsend is packing it in and going off into retirement.
“For over a decade, I’ve shared my thoughts with you at the close of the business year, but this particular moment is special to me, as after careful planning with the Newhouse family, I have decided to retire on December 31. The business world is hard at work reinventing itself. Every sector, every established company, is radically adjusting to the new economic order and the transformation to digitally driven connections with clients and consumers. Condé Nast is no exception.But we’re not intimidated by the challenges, thanks to carefully planned leadership succession initiated several years ago, and the dedication of the organization to preserving and carefully translating the incredibly powerful brands we own into contemporary assets. ” 

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Conde Nast Chairman Chuck Townsend Packs it In, Heads Into Retirement Reviewed by Editor on 1:40 PM Rating: 5
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