Roger Lynch is stepping down as CEO of Condé Nast, the company announced today. After seven and a half years, he is leaving to become CEO of Mattel.

Since joining Condé Nast in 2019, Lynch has focused on integrating the US and international businesses and helping the company navigate a challenging media landscape. “When I joined Condé Nast, I had the simple ambition to leave this extraordinary place stronger than I found it,” he said in an email to the company. “Together, we navigated a pandemic, enormous disruption across our industry, and a media landscape that seemed to change beneath our feet every year. And yet, there is no doubt that we transformed Condé Nast for a new era.”

He continued: “We brought our global businesses together, built a unified company, and strengthened our journalism and creative work.” One of the biggest opportunities Lynch saw when he joined was to expand the consumer and events businesses, which he scaled considerably. “I’m particularly proud of how far we’ve come in these areas: since 2020, revenue from commerce grew by 170%, digital subscriptions by 155%, and US tentpole events increased ninefold,” he added.

In his letter, Lynch thanked the global Condé Nast team for their exceptional work. “I’ve never been more inspired in my career than when I’ve been with you,” he said, highlighting the launch of operations in the Middle East — the company’s first new office in 16 years, opened in Dubai in 2025.

Lynch leaves the company in good shape. New initiatives around digital products like the affiliate shopping platform Vette and events like Vogue World are expected to drive another year of revenue and profit growth. “I intend to do everything I can to ensure that trajectory continues,” he said, noting that he will remain a member of the Condé Nast board of directors.

During his tenure, he led a successful turnaround of the company. In 2017, Condé Nast lost roughly $120 million. In February this year, the CEO celebrated a fourth year of profit growth. Last year, subscription revenue momentum climbed 10% — with digital up 29% — while revenue driven by tentpole events like Vogue World and GQ’s Men of the Year was up 40%.

Lynch has approached AI with considerable enthusiasm, entering agreements with OpenAI, Perplexity, Microsoft, and Amazon, while taking a firm stance against outside agents that repurpose Condé Nast’s original journalism without permission.

The board will begin a search for Condé Nast’s next CEO. In the meantime, Mike Perlis, Condé Nast’s lead independent director, will serve as interim chief executive.

Frequently Asked Questions
FAQs Roger Lynch Stepping Down as CEO of Condé Nast

1 Who is Roger Lynch
Hes the CEO of Condé Nast the media company behind magazines like Vogue The New Yorker GQ and Vanity Fair He took the job in 2019

2 What does it mean that hes stepping down
It means hes leaving his role as CEO Hell stop running the company either immediately or after a transition period and someone else will take over

3 Why is he leaving
Companies usually announce a leadership change without giving full details Its often described as a mutual decision or part of a planned transition but the exact reasons may not be public Reports often point to business pressures like declining ad revenue and the challenges of moving magazines to digital

4 When is he leaving
The timing depends on the official announcement Theres usually a transition period where he stays on for a few weeks or months to help hand things over

5 Who will replace him
The companys owner or board decides this Sometimes an interim CEO is named first and a permanent replacement is announced later

6 What is Condé Nast exactly
Its a major media company that owns famous magazines and digital brands It makes money mainly through advertising subscriptions and events

7 Why does this news matter
Condé Nast shapes fashion culture and journalism worldwide A CEO change can affect its strategy its brands and even its employees so the media industry pays close attention

8 Does this mean Condé Nast is in trouble
Not necessarily Leadership changes happen at healthy companies too But they often signal a shift in strategy especially when a company faces financial pressure

9 What happens to the magazines and websites
Daytoday operations usually continue as normal Editors and staff keep working Big strategy changes may come later under the new CEO

10 Will my subscription be affected
No Subscriptions to Vogue The New Yorker or other Condé Nast titles continue as usual A CEO change doesnt cancel your subscription

11 What should employees expect
Usually some uncertainty A new CEO may reorganize teams change priorities or cut costs Employees often wait to hear the new leaders plans