Condé's Corporate Shuffle: Sauerberg Moves Up to Number Two

Condé Nast has gone through all sorts of change in the past couple years–shuttered titles, layoffs and a couple of high-profile executive departures. Here’s yet more: A corporate reshuffle that moves Bob Sauerberg, who ran the company’s consumer marketing arm, up to the president title and sets him up as the most likely candidate to replace Chuck Townsend when he leaves the CEO spot. As best as I can tell, this is an ultra-rare corporate re-org in which no one loses a job. But that’s not to say there won’t be some shoes falling down the line. For the record, Sauerberg’s mission is to “move the company to a new business model focused around digital connectivity, technology development, and consumer insight.”