Graydon Carter, the longtime editor of Conde Nast's culture magazine "Vanity Fair", will be stepping down in December after 25 years at the helm, the publication said on Thursday.
The news, which broke appropriately in a column in VanityFair.com's Hive, is as columnist David Kamp wrote, "A bittersweet day: the Grexit is upon us".
Carter wrote for Time and Life magazines and co-founded the satirical Spy magazine before being named editor of Vanity Fair in 1992.
While Vanity Fair has not announced a successor, The Times noted his announcement will likely "spark a steeplechase" among editors vying to succeed him, noting NY magazine's Adam Moss and The Hollywood Reporter's Janice Min have been mentioned as contenders. I want to leave while it's in vibrant shape, both in the digital realm and the print realm.
The editor said Trump never got over the "short-fingered vulgarian" insult and that he would receive letters from Trump in response to the description. Aside from the frivolities in which Carter relished, he also published some pretty important and groundbreaking investigative pieces, including the 2005 article that unmasked Deep Throat, Watergate's leaker.
Industry observers would know Carter is one of Donald Trump's least favorite people in the media. "So I blew up all the tweets and I framed them all". Among the magazine's pranks was to mail checks of smaller and smaller quantities to celebrities and wait to see who was avaricious enough to cash them; Mr. Trump redeemed a check for 13 cents.
One of Carter's legacies as editor is the annual Vanity Fair post-Oscars party, the most exclusive gathering of A-list celebrities to mark the culmination of Hollywood's awards season.
Carter says in a statement that he is "eager to try out this "third act" thing" but did not specify his plans for the future.
"He's tweeted about me 42 times, all in the negative", said Carter.