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Conde Nast CEO is out

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Conde Nast CEO Bob Sauerberg is out at the New York-based publisher.

The company owned by Advance Publications announced it would seek a new CEO with "global experience."

CEO since January 2016, Sauerberg has been with the media publisher for nearly two decades.

The company also announced it would combine its U.S. and international units.

Read more from the New York Business Journal.

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