Lipman buys time to fix Portfolio as ad sales remain strong

Keith Kelly of The New York Post writes Wednesday that business magazine Conde Nast Portfolio‘s third issue will have 121 pages of ads, a strong showing that gives editor Joanne Lipman a chance to fix some issues on the editorial side.

One of those issues reared its head last week with the firing of deputy editor Jim Impoco.

Kelly wrote, “On the other hand, Lipman’s management problems are said to be deeper than just a personality clash with Impoco.

“One source said that she has never put out a magazine before and doesn’t seem to have clear ideas of what she wants. And while she has many veterans across the editorial, design and photo departments, she doesn’t defer to anyone.

“‘She thinks she is 100 percent right, 100 percent of the time,’ said one insider, who said the disaffection runs deep. ‘She just isn’t very collegial. The dissatisfaction is spread across all departments.'”

Read more here.