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Pearlstine may have missed his days in the newsroom after spending two years at Carlyle, where he was a senior adviser for telecom and media. He spent 11 years as Time Inc.'s editor in chief before joining Carlyle, founded Smart Money and worked at The Wall Street Journal for 23 years (Pearlstine and Winkler first worked together at the Journal).
Though Pearlstine's former job was to search for new deals in the media realm for Carlyle, his new gig might involve less of that, instead focusing on its own varied offerings to boost the financial news outlet's strength against the Journal. The financial paper has undergone a major transformation under new owner Rupert Murdoch to broaden its scope beyond headline business news, launching new sections and products to include more lifestyle, politics and business of culture.
BACK TO BAZAAR: Sarah Bailey, a former deputy editor in chief of Harper's Bazaar in the U.S., has been named deputy editor of the magazine's U.K. edition. Her position is effective June 9. Bailey replaces Harriet Green, who left Bazaar for the U.K.'s Guardian newspaper. Bailey, who is British, relocated from New York back to London last year. Before joining Harper's Bazaar U.S. as deputy editor in chief in 2004, Bailey was editor of British Elle for two years, and prior to that was the launch editor of Ellegirl U.K.
— Nina Jones
SWAPPING CHAIRS: Nancy Berger Cardone wasted no time in bringing in her team from Allure with her to her new digs at Gourmet. Cardone was named vice president and publisher last week, succeeding Tom Hartman, who moved to the Condé Nast Media Group. Cardone swapped out three executives at Gourmet with three from the beauty title. First, associate publisher of advertising Diane DePaul will replace Blaire Schlumbom, Gourmet's associate publisher, advertising. Susan Bornstein, associate publisher of marketing and creative services, will replace Gourmet's Lauren Jay, and Allure director of finance and business operations Kathy Reiss will replace Susan Reinhardt as financial director. Though the former Gourmet employees are out of jobs at the food magazine, Condé Nast is working to place them in other positions at the company.