Ed Ventimiglia Steps Down From Departures

Ed Ventimiglia will step down as publisher of Departures magazine in June.

The luxury travel magazine — which is given out free to free to American Express Platinum or Centurion cards holders who eat truffle-infused narwhal babies whilst riding on golden yachts — has suffered a 44.9 percent in ad pages throughout 2009.

Ventimiglia, who has worked for American Express Corp. for some 30 years, is also the publisher of Black Ink, which is mailed out exclusively to those with Centurion cards. He announced his departure [Ed. note: Ugh.] during a sales meeting this morning.