Top execs lost in Condé Nast reshuffle

A reshuffling at Condé Nast last week, which promoted top execs into bigger roles with international responsibilities, also quietly claimed two high-profile casualties.

David Geithner, the chief financial officer, and JoAnn Murray, the chief human resources officer, are reportedly both out.

Chief Executive Roger Lynch — who was tapped in April to blend domestic Condé Nast, which brings in 55% of the revenue worldwide, with all the international operations — is putting his own stamp on the publishing empire of Vogue, GQ, Vanity Fair and The New Yorker.

Neither Murray nor Geithner, the brother of one-time Treasury Secretary Timothy Geithner, returned calls. The news was first reported Monday by the London-based Business of Fashion.

Geithner earlier worked as an executive VP at Time Inc. before landing the CFO job at Condé five years ago. Murray was appointed to her job in 2012, from Reader’s Digest.

The backdrop for the changes is a company still trying to find its footing in a multimedia landscape. In late July, Lynch acknowledged at a town hall address that the company is missing projections, according to a report in Women’s Wear Daily.

The US division, even with a second-half boost, will finish this year flat instead of with the projected 4% growth. Europe, Middle East and Africa will miss with only 3% growth. The Latin American operations, once projected to grow 15%, are up only 3%.

Only Asia-Pacific excelled with 11% growth in 2019.

The town hall did not show profit and loss for the privately held company controlled by the Newhouse family. But the company’s US operations reportedly lost $120 million in 2017, and sources told The Post it lost over $60 million in 2018 with continuing losses expected in 2019.

The London-based wing of international returned to profit last year.