On Thursday, Condé Nast announced the hiring of Roger Lynch as its new (and first) global CEO. His role will take effect on Monday, April 22.
"After conducting a thorough search for an executive to run the combined Condé Nast US and Condé Nast International, we believe Roger is the right person to lead Condé Nast during our new phase of global integration, growth and transformation," says Jonathan Newhouse, who stepped down from his CEO role at Condé Nast International and now serves as board chairman, in an official statement. "Roger is a transformative leader with significant international experience and a proven track record building companies at the evolving intersection of media and technology. His strong business acumen, relevant experience and ability to unite a team around a common purpose to drive results make him a clear choice for our next CEO."
Lynch comes from Pandora, a music streaming service where he was hired as president and CEO in 2017. According to a press release from Condé Nast, Lynch was responsible for leading Pandora's turnaround while refocusing on "growth, transformation and investment initiatives to accelerate revenue and generate positive returns." On paper, this sounds exactly like what Condé Nast needs for its own boost in the media business. Before Pandora, Lynch was the founding CEO of Sling TV, as well as the the chairman and CEO of Video Networks International Ltd., a U.K.-based IPTV provider, and president and CEO of Chello Broadband in Amsterdam.
"I have long admired the extraordinary, award-winning content produced by Condé Nast," says Lynch in an official statement. "The company is home to some of the most culturally-significant and iconic media brands in the world. As a newly combined global company, we have the opportunity to accelerate the evolution of the consumer experiences and value we deliver to our audiences and partners around the world. I'm very excited to work alongside the talented, passionate and creative team at Condé Nast as we drive the next phase of the company’s growth."
The search for fulfilling this role has been a long one. Bob Sauerberg relinquished his CEO title of eight years in November 2018, shared with the news of Condé Nast and Condé Nast International officially merging as one global entity.
So far, Condé Nast's next phase has consisted of the launch of Vogue Business, a business-focused, London-based media brand, and putting up paywalls on all of its titles – which include Vogue, GQ and Glamour — by the end of 2019. With Lynch now leading and evolving the Condé behemoth, we'll likely see a lot more changes aimed at potential growth very soon.