- Didier Guerin, president of Conde Nast Asia-Pacific, has announced that he is to leave the company at the end of the year and launch his own publishing operation.
Guerin has released no details of his new venture as yet, but he says he will also work with other firms that are looking to establish themselves in the region.
He will continue to oversee Conde Nast's Asia subsidiaries until January 2000 and will continue to work closely with Conde Nast after that date.
During his time with Conde Nast he has launched more than 30 magazines including the local editions of Vogue in Korea and Taiwan. He is currently working on the July launch of Vogue Japan, which represents the company's biggest-ever international investment.
Guerin commented: "I want to develop the potential for mergers and acquisitions of publishing companies and magazines in the Asia-Pacific region. Conde Nast is now a major player in this part of the world and it is well equipped corporately with good local executives in each major market."