Conde Nast Announces Senior Leadership Changes and Plans for Growth

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(Press Release) New York, July 23, 2010 — Condé Nast is charting a new strategic course as a consumer-centric media and entertainment company in order to accelerate growth, it was announced today by Charles H. Townsend, Chief Executive Officer, of Condé Nast. The company will be realigned to better embrace and harness developing technology; broaden consumer touch points; and create contemporary value propositions for advertisers. To achieve these strategic priorities, several senior leadership changes were announced.

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