Margaret Russell is new Editor in Chief of Architectural Digest!

We finally have the announcement that we've been waiting months to hear!  Margaret "Peggy" Russell is leaving Elle Decor to become the Editor in Chief of Architectural Digest!  I think this means that we won't be seeing Cher or Michael Jackson on the cover ever again!  Woo hoo!  Congratulations Peggy!  Now we just have to wait to hear who's taking over Elle Decor!

UPDATE: Word has it that Michael Boodro, the current executive editor, will be the interim editor at Elle Decor.  As everyone has pointed out, the magazine musical chairs has shaken things up and I hope this means that some of our favorite magazines will now be around for years to come!