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Condé Nast Adapts to New Forces, Leaving Some Employees Unsettled.” PubWorx is the latest instance of Hearst and Condé Nast working together to maximize opportunities; the two publishers formed Comag, a marketing and retail distribution company, nearly 40 years ago. Comag U.S. was sold in 2012; Hearst and Condé Nast continue to own and operate the business together in the U.K. In addition, Hearst Newspapers and Advance Publications, parent company of Condé Nast, have worked together on procurement for many years. Perruzza is a seasoned publishing executive with a successful track record in both private and public sectors. While executive vice president, business operations at Reader’s Digest, he introduced a global supply chain organization and executed a fivefold improvement of back-office efficiency across Reader’s Digest companies. He holds a Bachelor of Science degree from City College of New York, a Masters from Columbia University and an MBA from Pace University. “I’ve spent my career developing and perfecting end-to-end operational functions at scale,” Perruzza said. “I’m excited to work with the most talented teams in the business to drive innovation for Hearst and Condé Nast, as well work with colleagues across the industry to build tailored, impactful programs that position their organizations for increased efficiency and growth.” Hearst Magazines is a unit of Hearst, one of the nation’s largest diversified media and information companies. With 21 titles in the U.S., Hearst Magazines reaches 78 million readers and 70 million site visitors (comScore), with a social media following of 88 million. In addition, the company publishes close to 300 editions and 200 websites around the world. Hearst Magazines Digital Media includes 21 websites for brands such as Cosmopolitan, ELLE, ELLE DECOR, Esquire, Good Housekeeping, Marie Claire, Seventeen and The company also includes iCrossing, a global, full-service digital marketing agency. Hearst was founded in 1887 by William Randolph Hearst. The company is privately held by the Hearst family. Condé Nast is a premier media company renowned for producing the highest quality content for the world’s most influential audiences. Attracting 143 million consumers across its industry-leading print, digital and video brands, the company’s portfolio includes some of the most iconic titles in media: Vogue, Vanity Fair, Glamour, Brides, Self, GQ, The New Yorker, Condé Nast Traveler, Allure, Architectural Digest, Bon Appétit, Epicurious, Wired, W, Golf Digest, Golf World, Teen Vogue, Ars Technica, The Scene and Pitchfork. The company’s newest division, Condé Nast Entertainment, was launched in 2011 to develop film, television and premium digital video programming. In 2015, the corporation was recognized as one of the fastest-growing companies in the digital video business and was one of LinkedIn’s Top 25 Most In-Demand Employers. The company has recently relocated to its new global headquarters at 1 World Trade Center, where it plays a leading role in the resurgence of Lower Manhattan. The company was founded in 1909 by Condé Montrose Nast. Condé Nast is a division of privately held Advance Publications, Inc., founded in 1922 by Samuel I. Newhouse Sr., and owned by his descendants Donald Newhouse and S.I. Newhouse, Jr.]]>