New Republic CEO Guy Vidra is stepping down. According to a memo from Vidra that was obtained by Politico, Vidra is leaving the magazine at the end of April.
“I want to let you know that I have decided to transition to an advisory role at TNR,” wrote Vidra. “I will continue in this capacity through the end of the month and will then make myself available to help as the magazine moves forward to a promising future under [publisher] Hamilton Fish and [owner] Win McCormack.”
Vidra’s resignation marks the second big name New Republic departure in the last few weeks. On April 14, editor Gabriel Snyder said he was leaving the magazine.