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PEOPLE & CORPORATE LIFE : BOB SAUERBERG HAS BEEN NAMED CEO OF CONDE NAST.

Condé Nast, a unit of New – House family – owned ADVANCE PUBLICATIONS Inc., the magazine powerhouse whose brands include, VOGUE, VANITY FAIR, GQ, WIRED, and THE NEW YORKER, has appointed Mr. Bob SAUERBERG as CEO.

Mr. SAUERBERG succeeds Charles TOWNSEND, who will serve as chairman.

S.I. New – House Jr., 87, the current chairman will become chairman emeritus.