Fairchild Vet McCarthy to Exit

Condé Nast’s B2B Fairchild Fashion Group is losing an institution as its longtime chairman and veteran Patrick McCarthy prepares to step down at year’s end.
 
The change comes as part of a restructuring that has Condé Nast returning the operations of oversized luxury fashion title W to Condé Nast’s consumer magazine stable.
 
It had moved to Fairchild briefly during the leadership of Richard Beckman, who is now CEO of e5 Global Media, publisher of AdweekMedia (which includes Mediaweek).
 
McCarthy





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