'New York Times' Names Mark Thompson As CEO

Mark Thompson is a former BBC executive, and he will face a different business model from the non-profit British broadcaster. The paper is run by a board that's largely elected by a family trust. Thompson will start in November. The paper has been without a chief since last December.

Copyright © 2012 NPR. For personal, noncommercial use only. See Terms of Use. For other uses, prior permission required.

RENEE MONTAGNE, HOST:

NPR's business news starts with the top man at The Times.

(SOUNDBITE OF MUSIC)

MONTAGNE: The New York Times has named its new president and CEO. The man who got the job is Mark Thompson, a former BBC executive. Thompson will face a different business model from the non-profit British broadcaster. The paper is run by a board that's largely elected by a family trust.

Thompson spent more than 30 years with the BBC - rising up through the ranks as a journalist. During his tenure there, he oversaw spending cuts of more than one and a half billion dollars.

Mark Thompson will start at The New York Times in November. It's been without a chief since last December. The Times hired outside of the print world, hoping to increase its digital offerings and spark sales growth.

Copyright © 2012 NPR. All rights reserved. No quotes from the materials contained herein may be used in any media without attribution to NPR. This transcript is provided for personal, noncommercial use only, pursuant to our Terms of Use. Any other use requires NPR's prior permission. Visit our permissions page for further information.

NPR transcripts are created on a rush deadline by a contractor for NPR, and accuracy and availability may vary. This text may not be in its final form and may be updated or revised in the future. Please be aware that the authoritative record of NPR's programming is the audio.

Comments

 

Please keep your community civil. All comments must follow the NPR.org Community rules and terms of use, and will be moderated prior to posting. NPR reserves the right to use the comments we receive, in whole or in part, and to use the commenter's name and location, in any medium. See also the Terms of Use, Privacy Policy and Community FAQ.

Support comes from: