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Legacy media company Condé Nast—which houses iconic editorial titles including The New Yorker, Vogue, and Vanity Fair—hired veteran media executive Elizabeth Herbst-Brady as its new chief revenue officer, according to a spokesperson for the company.
Herbst-Brady will assume the role recently vacated by Pamela Drucker Mann, who had served as CRO since 2019 and left the company earlier this month. Herbst-Brady will officially begin with the company at the end of September.
“I’m thrilled and honored to join this incredible team and to be part of Condé Nast’s exciting future,” Herbst-Brady said in a statement. “For decades, I’ve admired and have been an avid consumer of so many of the titles. Today, there’s nowhere else I’d rather be than at the epicenter of such iconic brands that continue to define our culture.”
As part of the hire, Condé Nast will combine its commercial and consumer revenue divisions, which had previously existed as distinct operations.
Drucker Mann led commercial revenue, and Glenn Eisen, acting global chief marketing officer and head of consumer revenue, led consumer. Going forward, Herbst-Brady will oversee both lines of business, with Eisen remaining as head of consumer but now reporting to Herbst-Brady.
Prior to joining Condé Nast, Herbst-Brady served as Yahoo’s CRO for four years, where she oversaw all lines of business and was the general manager of its demand-side platform. Yahoo has been privately held by private equity firm Apollo Global Management since September 2021, but Axios reported that the company generated $8 billion in top-line revenue in 2022.
Herbst-Brady also previously held executive roles at Snap, Viacom, Starcom Worldwide, Universal Television, and Fox. She has a bachelor of arts degree from Harvard University.
The executive joins Condé Nast at a critical juncture for the organization, which underwent a protracted round of layoffs at the beginning of the year.
The privately held company has reportedly grown revenue for the past three years and is break-even commercially. However, it has not provided financial specifics since 2021, when it generated $2 billion in top-line revenue.