Outgoing BBC Boss Mark Thompson to Become New York Times CEO
LONDON - Outgoing BBC director general Mark Thompson will be the new CEO of the New York Times Co.
The company, which owns the flagship New York paper and the Boston Globe, said Tuesday night that the 55-year-old would relocate from Oxford to New York and take over day-to-day operations of the company in November.
The TV executive's name first surfaced in connection with the top New York Times job in June. Thompson, who had earlier in the year announced that he would leave his BBC role soon after the Summer Olympics, has experience managing a media business' digital transition amid limited budgets.
Thompson's wife is American, and he had previously signaled an interest in a move to the U.S. The executive has led the U.K. public broadcaster since 2004. George Entwistle was recently named his successor.
Thompson will report to New York Times chairman and controlling shareholder Arthur Sulzberger Jr. who has served as interim CEO. The newspaper company has been looking to fill the vacancy left by Janet Robinson's departure in December after a run-in with Sulzberger.
Sulzberger lauded Thompson's "experience and his accomplishments at the BBC," saying he is the ideal candidate to lead the company at a time when "we are highly focused on growing our business through digital and global expansion."