Bob Sauerberg Named Condé Nast President

07/23/2010 04:18 pm ET | Updated May 25, 2011

Conde Nast decided a summer Friday afternoon would be the perfect time to announce a new president at the company. Bob Sauerberg is becoming the president of Conde Nast, and will be responsible for moving "the company to a new business model focused around digital connectivity, technology development, and consumer insight," according to a press release.

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