Vanity Fair has found its next editor. And it didn’t have to look very far.

Mark Guiducci, the creative editorial director at Vogue, which like Vanity Fair is published by Condé Nast, will take the top job at the glossy culture magazine at the end of the month, the company said on Tuesday.

Mr. Guiducci, 36, fills a role recently vacated by Radhika Jones, who led the magazine for seven years.

“There has never been a better moment for Vanity Fair than right now,” Mr. Guiducci (pronounced gwah-doo-chi) said in an interview. “You read the news every morning and it’s so operatic and it’s drama at scale — it feels like a co-production between Marcel Proust and Michael Bay.”

While the publishing business has been battered in recent decades, Vanity Fair remains one of the crown jewels for Condé Nast and its editorship is still one of the most coveted jobs in American journalism. The magazine, a Jazz Age publication that Condé relaunched in 1983, has been defined by its high-profile editors, Tina Brown and Graydon Carter, and its celebration of excess, Hollywood and the power elite.

But the industry has diminished from its heights of glamour, hit by shrinking advertising pages, competition for attention from social media and belt-tightening across Condé. Some of the glitzy markers remain — the Vanity Fair Oscars party, with its mix of the biggest Hollywood stars and personalities, remains a hot ticket more than 30 years after it first began. The limitless expense accounts, however, are long gone.

On April 3, Ms. Jones, who had taken over Vanity Fair after Mr. Carter ended his 25-year run as editor, shocked the magazine world when she announced her decision to leave the job, saying she felt “the pull of new goals in my life” and had “a horror of staying too long at the party.” Under her leadership, which came at a time of immense disruption across the industry, Vanity Fair’s circulation largely remained steady. Ms. Jones focused on diversifying the outlet’s writers and the celebrities that appeared on its cover, though she was sometimes criticized for a lack of flair.