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Condé Nast names Sauerberg president

Selection of new head symbolises shift of publisher's emphasis to the web

Publisher Condé Nast has promoted group president of consumer marketing Robert Sauerberg to the post of president, signalling the group's renewed business strategy of moving from print to digital.

Sauerberg's promotion follows the sudden departure of a group president, David Carey - who was widely tipped to be the next company president - to rival publisher Hearst, last month.

Sauerberg had recently overseen the digital relaunch of the group's folded magazine Gourmet as an application on Apple's iPad tablet.

Condé Nast said the appointment heralds "a new business model focused around digital connectivity, technology development, and consumer insight".

The publisher of well-known magazines such as Vogue, Vanity Fair and The New Yorker lost significant print advertising revenue during the recession, and had been viewed as lagging in the digital era.

Other management changes at the publisher include John Bellando's appointment as chief financial officer, and Louis Cona, executive vice-president of the media group, taking charge as chief marketing officer.