NEW YORK (AP) — The New York Times on Wednesday announced that executive editor Jill Abramson is being replaced by managing editor Dean Baquet after two and a half years on the job.
The company didn't give a reason for the change. Abramson and Baquet had both been in their current positions since September 2011.
Baquet, 57, who would be the first African-American to hold the newspaper's highest editorial position, originally joined the Times in 1990 as a reporter and held positions including deputy metropolitan editor and national editor. He left the paper for the Los Angeles Times in 2000, where he served as managing editor and then editor. He rejoined the Times in 2007 and was Washington bureau chief before becoming the managing editor for news.
"It is an honor to be asked to lead the only newsroom in the country that is actually better than it was a generation ago, one that approaches the world with wonder and ambition every day," Baquet said in a statement released by the newspaper Wednesday.
Prior to his first stint at the Times, Baquet worked at The Chicago Tribune and The Times Picayune in New Orleans. While at the Tribune in 1988, he and two other journalists won the Pulitzer Prize for investigative reporting, for looking into corruption in the Chicago City Council. He was a finalist in the same category in 1994.
The move comes amid a shift in the Times' focus, and that of the newspaper industry overall, toward digital products and away from traditional print papers as print circulation and advertising revenue declines.
In its most recent quarter, the Times Co. saw overall advertising revenue rise for the first time in three years, jumping 3 percent to $158.7 million. The company's print and digital advertising rose compared with the same period a year ago.
The company also added digital subscribers and increased home-delivery prices. At the same time, the company posted a small profit that fell slightly short of Wall Street analysts' expectations.
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