RD Recap: Bob Sauerberg Named CEO of Condé Nast; Changes at Yahoo

Bob Sauerberg scores a massive promotion at Condé Nast. The current president will replace Chuck Townsend as CEO in the coming months. Townsend, who has been at the head of the company since 2004, will become chairman of the board, with S.I. Newhouse moving to chairman emeritus. The Sauerberg era will focus on digital, which leaves some wondering what is going to happen to the print side of the business that’s no longer thriving. Condé will continue printing magazines, of course, but how many and how often is up in the air.