The venerable newspaper company has turned to a television exec with experience managing tight budgets to help lead its journey into the digital era. Mark Thompson, 55, has been Director-General of the BBC since 2004. He’ll relocate to New York and will start at The Times in November. He’ll also be a member of the company board and report to Chairman Arthur Sulzberger Jr. Thompson’s “experience and his accomplishments at the BBC made him the ideal candidate to lead the Times Company at this moment in time when we are highly focused on growing our business through digital and global expansion,” Sulzberger says. The Times has been looking for a CEO since December when Janet Robinson left. Since June the smart money has been betting that Thompson would land the job after the London Olympics. Thompson’s wife is American and speculation was that he would be eager to move to the U.S. Thompson has spent most of his career at the BBC except for a period when he was the chief of Channel 4.
By DAVID LIEBERMAN, Financial Editor | Tuesday August 14, 2012 @ 6:38pm EDTTags: Mark Thompson, The New York Times Company
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