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Radhika Jones is expected to be named editor in chief of Condé Nast’s Vanity Fair magazine next week, succeeding Graydon Carter, according to a person familiar with the matter.

Ms. Jones, currently the editorial director of the books department at the New York Times and formerly a deputy managing editor at Time Inc.’s Time magazine, is expected to bring a strong journalistic and cultural background to Vanity Fair.

Vanity…