Jill Abramson will replace Bill Keller as the New York Times’ executive editor, becoming the first female editor of the paper in its 160-year history.
Abramson, 57, has been the paper’s managing editor since 2003 and will take Keller’s spot on Sept. 6, according to a statement today. Her new role is “a dream job for any journalist,” she said in the statement.
Keller, 62, has been executive editor for eight years and has written columns for the New York Times Magazine this year. He will continue to write regularly for the magazine and will launch a column for the paper’s new Sunday opinion section, set to be introduced June 26. Keller felt it was time for him to step down, Arthur Sulzberger Jr., chairman of New York Times Co. and publisher of the newspaper, said in the statement.
“Without question, Jill is the best person to succeed Bill,” said Sulzberger. “Over the past year, she has immersed herself in our digital strategy and led the effort to fully integrate the newsroom.”
New York Times Co., which also owns the Boston Globe and the website About.com, reported falling profit in the first quarter as advertising and circulation sales declined. Times Co. announced a so-called Internet paywall on March 28 for its namesake newspaper to generate additional revenue from online readers. The company said in April more than 100,000 people have signed up for paid online subscriptions.
Dean Baquet, bureau chief in Washington, will take over Abramson’s job as managing editor, the newspaper said.
Abramson joined the Times in 1997 and became Washington editor in 1999. Baquet was an investigative reporter and national editor for the Times during the 1990s.
Times Co. fell 6 cents to $7.65 at 11:31 a.m. in New York Stock Exchange trading. The stock had dropped 21 percent this year before today.
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