I don't know anything about Ms. Fairchild, other than what the article provides. But...
...I do know from personal experience how short-sighted, idiotic, phlegmatic, thick, infuriating, mind-numbingly lame, unresponsive, out-of-touch, cut-off-your-nose-to-spite-your-face, bottom-line worshiping, lacking-intestinal-fortitude, cold, dissipated, ignorant, childish, heavy-handed, foolish, eletist and arrogant Conde Nast can be.
Wouldn't want to be them.
Michael