Condé Nast senior vice president Tom Florio is leaving the company, according to WWD (subscription required). Florio is best known for running the Vogue titles (and if you remember, he played a decent role in The September Issue).
Our sources deduce that Florio was not pushed out, but instead might be leaving to do his own thing/retire.
We think this makes sense, given Florio's push to bring in former Elle publisher Carol Smith to Gourmet. Smith's qualified for the top job, and she has a track record for making the Internet a viable business, something Florio doesn't really seem interested in. Current Vogue publisher Susan Plagemann is also sure to be in the running, but that seems less likely.
Update: Minutes after we published this, the departure of two of W's top editors--market director Treena Lombardo and accessories and jewelry director Brooke Magnaghi--was announced. Interview magazine market director Karla Martinez will replace Lombardo.