New York Times makes Meredith Kopit Levien next CEO as online subscribers surge

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Kopit Levien, now COO, will be the second female editor at the media outlet, which has seen its stock rise 42% so far in 2020

Boston/New York — New York Times has named Meredith Kopit Levien as its next CEO, trusting her to continue the digital success the newspaper has enjoyed under Mark Thompson.

Bloomberg News reported in February that Kopit Levien, now the COO, was the front-runner to succeed Thompson. The paper added 587,000 online and mobile subscribers in the first quarter of 2020 alone, the most in its history. Times stock is up 42% this year, far outpacing the S&P 500 and such plummeting newspaper peers as Gannett and Tribune Publishing.

 

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