INTO THE TOWER: It has taken 16 months but Hearst Magazines head David Carey has finally roped in a former Condé Nast executive. Hearst said Monday that Debi Chirichella will become the company’s chief financial officer, a new position. Chirichella, most recently at Prometheus, is a former cfo at Condé Nast and chief operating officer of Condé Nast Digital and Fairchild. She left Condé earlier this year. She begins at Hearst on Nov. 14.
“I would say that we had identified many months ago that this was a role that we needed to create and then once we started thinking about who could fill that role, Debi’s name was at the top of the list,” said Carey.
This story first appeared in the November 1, 2011 issue of WWD. Subscribe Today.
He left Condé Nast for Hearst in July 2010 and publishers at 4 Times Square had been anticipating at least some sort of mini-raid. It never came. The only senior-level person that Carey brought into Hearst was former Men’s Vogue editor Jay Fielden to become editor of Town and Country last January.
Chirichella, who hasn’t been at Condé since the beginning of the year and was hardly one of Carey’s capos, is the first senior-level ex-Condé Naster he has brought over on the business side. Sources said the two never worked that closely at Condé, but they always had mutual respect for one another. By the time Carey started to spend more and more of his time in Condé’s executive suite, Chirichella had already moved over to Fairchild.
Meanwhile, Chirichella will depart from Prometheus after only five months as its chief operating officer and cfo and that makes yet another significant change for upper management there. Richard Beckman gave up his day-to-day duties of overseeing the publisher’s magazines over the summer and Michael Wolff recently left the company as editorial director of AdWeek.
Hearst also said on Monday that Grant Whitmore will become the vice president of digital operations at Hearst Magazines. Whitmore was most recently the chief operating officer for HFM US Digital Media. Meanwhile, Moody’s Carlton Charles will become the Hearst Corp.’s treasurer, succeeding Jon Smith, who will retire at the end of the year.