Vanity Fair editor in chief Radhika Jones calls it – Business News


Vanity Fair editor in chief Radhika Jones introduced Thursday that she is leaving Condé Nast after a 7-year run helming the tradition and celebrity-focused month-to-month magazine.
Jones, who took the reins after editor Graydon Carter retired in 2017 ending a 25-year run, instructed staffers in a 12:30 pm assembly at Vanity Fair’s workplaces at One World Trade Center in New York that she’s going to depart later this spring.
Vanity Fair editor in chief Radhika Jones stepped down as editor in chief of Vanity Fair on Thursday. Getty Images
“It was a difficult decision, because it has been a tremendous privilege to lead this team. Our work has been a beacon,” Jones mentioned in a company-wide memo obtained by The Post. .
A source close to the state of affairs mentioned Jones has been occupied with leaving Conde Nast, home to Vogue, The New Yorker and Wired, for a whereas.
Condé Nast creative director and editor in chief of Vogue, Anna Wintour attended the assembly and was mentioned to be “tearful” as Jones gave her farewell, beautiful some staffers over the uncommon show of emotion.
Jones is rumored to have been making seven figures — a sizeable wage at a time when large salaries, black automobiles and clothes allowances are a factor of the previous.
“The days of the big salaries at Condé are over – she was on seven figures – and she didn’t make anywhere close to what Graydon made! But whoever comes in next almost certainly wont be making what she made!,” the individual mentioned.
A new editor shall be named at a later time.
Anna Wintour gave an emotional send-off to Jones, who will formally depart the company in the spring. Getty Images for CARE
A source with data mentioned the subsequent editor will seemingly be more junior and have a slimmer wage.
A rep for Condé Nast declined to remark.
Jones’ exit comes at a tough time for magazines, which have been
squeezed by declines in promoting and readership. Vanity Fair
Jones departs the company at a significantly tough time for magazines, which have been squeezed by declines in promoting and readership.
She regaled the workers over its accomplishments and reminisced over her time as editor.
Jones changed storied Vanity Fair editor Graydon Carter, who ran the magazine for 25 years. WireImage
“At the end of every year, I look over the memo I wrote back in 2017 when I was interviewing to be the editor of Vanity Fair, as a way to remember the goals I had and check my progress. Last year, somewhat to my surprise, I realized that — with your help — I had accomplished virtually all of those goals,” she mentioned.
Wintour added in her own memo: “Earlier this week, Radhika was describing to me her deep pride at her commission of Amy Sherald’s painting of Breonna Taylor for the September 2020 cover of Vanity Fair, and what a defining cultural moment that had been. And that is exactly what I believe a great editor does – she defines the times.”
