Keith J. Kelly

Keith J. Kelly

Media

Is Condé Nast in for big changes next year? We’ll find out soon

The Advance Publications board meets on Wednesday — and that has elicited plenty of worries that changes are coming to Condé Nast in 2018.

After a tough 2017, Condé Nast CEO Bob Sauerberg will present on what he expects the year ahead to hold for the glitzy publisher of Vogue, Vanity Fair, the New Yorker and other titles.

Hearing the pitch will be family members, including Steven Newhouse, head of AdvanceNet, Jonathan Newhouse, CEO of Condé Nast International, and Donald Newhouse, the patriarch of the family, who runs the newspaper side of the empire.

Sauerberg is under pressure to turn things around with a “transformation plan.” The recent budget process was designed to shave $100 million in costs next year.

At Condé, the past year saw the departure of former No. 2 executive Jim Norton, whose ad sales revamp did not reverse the overall ad declines, and the promotion of Pamela Drucker Mann into the No. 2 slot.

The quarterly meeting will be the first since the death of S.I. Newhouse Jr. on Oct. 1.

The newspapers across the Advance empire, which include the Staten Island Advance and the Star- Ledger in Newark, NJ, just underwent another cost-cutting consolidation of back-shop operations in recent weeks.

Condé Nast operations will be very much the center of attention at the board meeting, sources said. One big open question is who will succeed Cindi Leive as editor-in-chief of Glamour.

Interviews were still being conducted last week and no clear leading candidate has emerged, sources said.

A Condé Nast spokeswoman declined to comment.