Phillip Picardi, the 27-year-old Teen Vogue superstar who quickly rose through the ranks to become chief content officer, is leaving Condé Nast.
Picardi first publicly revealed his plans to The Wall Street Journal in which he announced that he’d be editor-in-chief of Out, a magazine that covers LGBTQ fashion, entertainment, travel and lifestyle.
“[Out Magazine] is the kind of legacy LGBTQ+ publication that practically everyone in the community knows and treasures — and I’m really excited to be a part of its future,” Picardi said on Instagram. “There will be more to come later but, for now: I’m coming, OUT! (In December.) Stay tuned.”
He will step in for Aaron Hicklin, who announced his departure from Out earlier this month. Hicklin had been Out’s editor-in-chief for 12 years.
A Condé Nast spokesperson confirmed the news and said Picardi would stay on through December to help find his replacement and to assist with the Teen Vogue Summit.
Picardi started at Teen Vogue as an intern, then worked his way up to digital editorial director. He was named chief content officer in January, after the departure of editor-in-chief Elaine Welteroth, and quickly helped grow the brand, hosting large-scale events with the Teen Vogue Summit.
In his statement, Picardi said it was an “honor of a lifetime” to work for Amy Astley, who hired him as in intern when she was editor of Teen Vogue and Anna Wintour, Vogue editor-in-chief and artistic director.
He was also behind the October 2017 launch of Condé Nast’s LGBTQ-focused brand, them, for which he also served as chief content officer.
The New York Times called him “The Man of the Moment” and the top execs at Condé Nast—from Wintour to CEO Bob Sauerberg—have sung his praises.
In a wide-ranging interview with Adweek just two weeks ago about his five-year plan to make $600 million in new revenue for Condé Nast, Sauerberg talked about the success the company had seen in the brand, them.
“We have such talent in Phillip Picardi, and talent drives everything,” Sauerberg told Adweek at the time.
Picardi’s departure is a blow to the publisher, which has already lost a handful of top talent in the past year, including Welteroth, Vanity Fair editor Graydon Carter and Glamour editor-in-chief Cindi Leive.
More recently, Dawn Ostroff, former president of Condé Nast Entertainment, left for Spotify, and chief experience officer Josh Stinchcomb departed for Dow Jones. The company hasn’t publicly named replacements for either position.