Former Portfolio editor spotted

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Keith Kelly of the New York Post reports Wednesday that Joanne Lipman, a former Wall Street Journal editor and the editor of the defunct Conde Nast Portfolio, was spotted at The Daily Beast.

Kelly writes, “The sighting sparked speculation that Lipman is being sized up for a high-level job by Brown once the Daily Beast, owned by Barry Diller‘s IAC/Interactive Corp., completes its merger with Newsweek, recently purchased by 92-year-old stereo equipment mogul Sidney Harman.

“Both Lipman and Brown insisted there was no job interview afoot — just a friendly lunch with Felsenthal and a stopover by Brown.

“Lipman, a former top editor at the Wall Street Journal, was the launch editor of Portfolio in April 2007, just as the economic meltdown was taking hold.

“The magazine folded in April 2009 after only 21 issues and burning through an estimated $80 million of S.I. Newhouse’s money. Felsenthal was one of her top deputies at Portfolio.”

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