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Pamela Wasserstein has taken over as CEO of New York Media, the company that publishes New York Magazine, and manages the web properties The Cut, Daily Intelligencer, Grub Street and the Science of Us.

Wasserstein is the niece of the playwright Wendy Wasserstein, and the daughter of the late Bruce Wasserstein, who purchased the company in 2004. She has served as the co-chair of New York Media since her father passed away in 2009. Her appointment will begin May 2.

“I’m thrilled that Pam has agreed to take the role of CEO,” Editor-in-Chief Adam Moss said. “She is incredibly smart about the business, and has a strong vision for the company’s future.”

Prior to joining New York Media, Wasserstein worked at Tribeca Enterprises, the company that runs the Tribeca Film Festival. She previously worked at the private equity firm Apollo Global Management, and was a corporate lawyer at Wachtell, Lipton, Rosen & Katz LLP for several years.

New York Media will launch on Wednesday the new web vertical Select All, which explores the relationship tech plays in our lives, and will be run by former Gawker editor Max Read.