Patty Stonesifer, the former CEO of Martha’s Table, will be the Post’s interim CEO. Read more at straitstimes.com.
NEW YORK - Mr Fred Ryan, the publisher and CEO of The Washington Post, told employees Monday that he was stepping down, ending his nearly decade long run as the newspaper’s top business executive.In a note to staff, Mr Ryan, a former Reagan aide, said that his next job would be leading the Centre on Public Civility, a new project by the Ronald Reagan Presidential Foundation and Institute that is backed by Mr Bezos.
“I think if you look back over the arc, it’s been one of the most remarkable transformations in a news organisation that was primary print and local, becoming primarily global and digital,” Mr Ryan said. Mr Ryan has had an uneven track record at the Post. Tapped shortly after Mr Bezos acquired the newspaper in 2013 for US$250 million , Mr Ryan teamed up with Mr Marty Baron, the paper’s former executive editor, to replenish the Post’s newsroom and expand its journalism, leading to a surge in digital subscriptions.
In interviews with The New York Times, many Post employees have expressed frustration with what they describe as a turgid business culture led by Mr Ryan, mired in endless meetings and dead-end strategy memos.
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