The appointment was announced yesterday by Jonathan Newhouse, Chairman and Chief Executive of Condé Nast International.
Moritz von Laffert is currently President of Condé Nast Germany and a Vice President of Condé Nast International, with a seat on the organization's Executive Committee. He will continue to hold these positions while adding the new responsibility.
"Moritz has played a leadership role in bringing about our current investments, and this appointment reinforces his authority. He has the experience and know-how to drive Condé Nast International's expansion into new digital businesses through investment," said Jonathan Newhouse.
In the last two years Condé Nast International or one of its subsidiaries took substantial positions in the following start-up companies: Renesim, a German-based online jeweller; Monoqi, an e-commerce company marketing highly curated designed objects, also located in Germany; Farfetch, an e-commerce company connecting users to fashionable boutiques; and Vestiaire Collective, a Paris-based marketplace operator which allows users to buy and sell pre-owned apparel.
Moritz von Laffert joined Condé Nast Germany as President in 2009 and was named a Vice President of Condé Nast International in 2011. From 1995 to 2009 he worked at the German publisher Axel Springer, where he worked his way up through a number of management positions, serving as Managing Director of the Women's and Lifestyle Group in his last post before coming to Condé Nast. He received a bachelor's degree in Economics and a master's degree in Management from the London School of Economics.
Moritz von Laffert said, "Condé Nast has a great deal to offer to start up operations, and we are actively looking for opportunities to invest. I am delighted to take on this added responsibility."
