Effective May 1, those earning more than $100,000 at Condé Nast will have their salaries reduced between 10% and 20% for a period of five months — including Anna Wintour
Anna Wintour. Photo: Daniele Venturelli/Getty Images/2020 Daniele Venturelli These are unprecedented times. These are unprecedented times. These are unprecedented times. It’s the phrase of the moment, but it still rings true. Every day, the news offers another reminder.
Executives in the senior management team — whose salaries likely well exceed $100,000 — will have their salaries cut by 20 percent. Of course, Vogue editor-in-chief Anna Wintour, one of the most powerful and highest-paid people in the company, is included in this category. At the same time, Lynch said he will take a 50 percent reduction in his salary. So will those members of Condé Nast’s board who are not employed by the company but do receive compensation.
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