The New York Times Company
Announces Meredith Kopit Levien to Succeed Mark
Thompson as President and Chief Executive Officer
Appointment Effective Sept. 8; Ms. Kopit Levien Will Join The Times Company Board of Directors
NEW YORK (BUSINESSWIRE) July 22, 2020 The New York Times Company (NYSE: NYT) announced today that its chief operating officer,
Meredith Kopit Levien, will succeed Mark Thompson as president and chief executive officer, effective Sept. 8. Ms. Kopit Levien, 49, will join The Times Companys Board and Mr. Thompson will step down as an officer and director of The
Ms. Kopit Levien said, Its the honor of a lifetime to lead The New York Times. I see a big opportunity to expand
journalisms role in the lives of millions more people around the world, and to invest in product and technology innovation that engages our readers and grows our business. And at a time when the free press remains under pressure, The Times
will continue to invest in and defend the high-quality, independent journalism on which our democracy depends.
Mr. Thompson said,
Ive chosen this moment to step down because we have achieved everything I set out to do when I joined The Times Company eight years ago and because I know that in Meredith, I have an outstanding successor who is ready to lead the
company on to its next chapter. I am profoundly grateful for the support I have received during my time here, from all of my colleagues, the Ochs-Sulzberger family and from the Board. Their shared commitment
to the mission of The Times has enabled us to build the worlds most successful digital news subscription business, helping to sustain the independence and quality of Times journalism for the long term. Theres nothing that makes me more
proud than the fact that our newsroom is substantially larger today than when I joined. The world needs Times journalism now more than ever.
Publisher and Board member A.G. Sulzberger and Brian McAndrews, the Boards presiding director, led the Boards succession planning committee.
Mr. Sulzberger said, After a deliberate succession planning process, the Board unanimously agreed that Meredith was the perfect leader to drive the
next phase of growth and transformation at The Times. She has successfully led much of our companys most important work from reimagining our advertising business to driving our historic subscription growth to fostering a culture of
product innovation. Meredith possesses a deep understanding of The Timess business and a passion for its journalistic mission. Shes been Mark Thompsons closest partner over the past seven years and will continue to build on his
Mr. Sulzberger added, When Mark joined The Times in 2012, the companys path forward was uncertain. Today, The
Times is the most innovative news organization and most successful news business in the world, with more than six million total subscriptions. Mark provided the leadership and strategic insight to guide that digital transformation. Drawing from his
own background as a journalist, Mark has done as much as any business leader in the world to prove there is a path forward for quality journalism. A worthy successor is the best parting gift any great leader can give to an organization. Were
deeply grateful to him for all he has done for The New York Times Company.