Story, who edited the magazine for 17 years, will exit the company on March 10. Time Inc. confirmed the news. It could not be determined if Story is departing after his contract expired. Time Inc. declined to comment on that but said Story’s exit was “mutually agreed upon.”
Alan Murray, the company’s chief content officer, circulated a memo to staff Monday, giving the news of the editor’s departure (no pun intended). He added that Nathan Lump, editorial director of the publisher’s luxury and lifestyle titles, will oversee Departures. An editor in chief for the title will be named in the “next several weeks,” Murray offered.
“As content consumption continues to evolve across today’s many media channels and platforms, Time Inc. and American Express are committed to strengthening Departures’ reach and influence in the premium luxury lifestyle space,” Murray explained.
He continued: “Under Richard’s leadership, Departures has solidified its reputation as the authority of all things luxury. We look forward to continuing to build our partnership with American Express and continuing to elevate Departures.”
A Time Inc. spokesperson underscored Lump’s prowess as an editor, adding: “Nathan has a strong understanding of today’s luxury consumer and has a proven track record of evolving brands across platforms.”
Lump’s rise at Time Inc. has been swift. He joined the publisher in 2014 as Travel + Leisure’s editor in chief, following a stint at Condé Nast where he headed up the branded content unit and worked as digital director at Condé Nast Traveler. As part of a company-wide restructuring, Lump was promoted to oversee several lifestyle titles last year–but Departures had largely been left alone.
Departures was acquired by Time Inc. from American Express’ publishing arm in 2013, along with sibling with glossies Travel + Leisure and Food & Wine.
Story became editor in chief of Departures in 2000. Prior to that, he held senior roles at a variety of glossies, including features editor of Vogue, senior editor of InStyle, and assistant managing editor of New York magazine.
He has also held editorial positions at Esquire, Travel + Leisure and USA Today, among others.