The Post claims that Coles handed in her resignation to Hearst President and CEO Steve Swartz earlier this week and that on Friday, she was negotiating an exit package. The move comes on the heels of Hearst naming Troy Young — the man who was hired to whip Hearst's digital properties into shape several years ago and, according to the Post, a frequent thorn in Coles's side — as president following the departure of David Carey.
Coles was named to the then-brand-new role of chief content officer at Hearst in 2016, a move believed to echo that of Condé Nast's creation of an overarching artistic director position for editrix Anna Wintour. Prior to that, Coles had served as editor-in-chief of Cosmopolitan, where she oversaw the creation of a since-canceled reality TV show about the glossy, since 2012. Coles began her career at Hearst in 2006 as editor of Marie Claire, where she boosted the mag's visibility with appearances on shows like "Project Runway."
It is perhaps not the resignation news the fashion media world has been expecting this summer, but a major shakeup nonetheless.
Fashionista has reached out to Hearst for comment and will update with any further information.
UPDATE, Mon. Aug. 6, 2:50 p.m.: Joanna Coles has confirmed that she will depart Hearst in an Instagram video posted to her account on Monday.
"My route is being recalculated," Coles says. "It's time for a new adventure. I'm going to take some time off."
Coles is vague about her plans for the moment — "I've threatened to talk to my teenage children; they remain unmoved by that," she quips — but promises that she'll have some news in the fall. We're excited to see where Coles ends up next.