Coleridge will be stepping down from his current roles as Managing Director of Condé Nast Britain and President of Condé Nast International in August 2017.
Coleridge will serve as Chairman of Condé Nast Britain until at least December 31st 2019, by which time he will have worked for Condé Nast for 30 years.
“Slightly to my astonishment, I find that I have been Managing Director of Condé Nast Britain for 26 years, which is longer than many of our staff have been alive. It also makes me, I understand, the longest-serving MD of any British media group in any sector,” commented Coleridge.
“I also plan to drastically reduce my schedule of international business trips a year, and will from September make only regular business visits to Condé Nast India in Mumbai. I shall combine my new London assignment with my various pro-bono Chairmanships of the Victoria & Albert Museum, the Prince of Wales’ Campaign for Wool and the Gilbert Trust for the Arts.”
Jonathan Newhouse, Chairman and Chief Executive of Condé Nast International, added “Nicholas has been my closest associate in business for the past 25 years, the person whom I have counted upon as a business partner and comrade-in-arms in building and directing the organisation. I feel very pleased that Nicholas has agreed to stay on for at least three more years as Chairman of Condé Nast Britain, and he will continue to visit India to supervise our operations on the Sub-Continent. While he gives up his day to day involvement, he will not be absent. And that is a very good thing. As he moves to this new phase in his career and his life, Nicholas can look back with pride on a record of achievement and brilliance. He has earned the highest level of respect and admiration from his colleagues, friends, clients, and most of all, from me. Nicholas, take a bow.”
The successors to the two positions will be announced shortly.