Condé Nast hosts scaled down year-end party at MoMA
The Condé Nast honchos did get together for a year-end cocktail party — but there appears to be no going back to the fancy gala luncheon that used to be held in the Four Seasons.
The rat outbreak at its new headquarters at 1 World Trade Center probably dissuaded the publisher from holding it in-house.
This year, staffers gathered in the lobby of the Museum of Modern Art on Dec. 4. All the top editors, Vogue’s Anna Wintour, Vanity Fair’s Graydon Carter, The New Yorker’s David Remnick, Glamour’s Cindi Leive and GQ’s Jim Nelson were on hand.
They were at The Met last year.
Si Newhouse retired two years ago but is still the titular chairman. He is in declining health and did not attend the holiday party for the second year in a row, insiders said.
Steven Newhouse and his wife, Senior Vice President Gina Sanders, who was the former head of the divested Fairchild division, were the top family members.
“There’s a new way of doing business now. The company is run by [CEO] Chuck Townsend and [President] Bob Sauerberg and they report to a board that has Newhouse members,” noted one insider.
Townsend gave the remarks and called 2014 a “transformative year” as Condé moves from being a magazine publisher into a “premium media content company.”
“We’re up for the challenges,” he said.