The Associated Press Hires New CEO

The nonprofit news outlet taps Gary Pruitt to replace departing chief executive Tom Curley.

The Associated Press has found a new leader.

The nonprofit, which delivers stories, photos and video to news outlets worldwide, has named named Gary Pruitt as the new CEO replacing Tom Curley, who steps down in August after 9 years in that post, The New York Times reported.

Pruitt, 54, begins his new job in July; he was previously chairman and CEO of the McClatchy Company, which operates 30 newspapers around the country, and has sat on the AP's board of directors since 2003.

"You are in good hands," Curley, 63, wrote in a note to employees. Meanwhile, Pruitt told the Times: "AP is successfully transitioning as a digital force, and I think that will continue," he said. "It will be diversifying its revenue streams — geographically, with more international revenue, and also with more product offerings."

The AP recently forged a deal with The Hollywood Reporter and sibling publication Billboard to syndicate content from the Prometheus Global Media brands.