Lionel Barber to step down as editor of the Financial Times

In May, Jim Waterson, media editor at The Guardian, reported that Lionel Barber, the editor of the Financial Times, was on the way out, and that the search was on for his replacement. In the summer, when Amber A’Lee Frost, who was interviewing Barber for CJR, mentioned that he was retiring, Barber laughed and replied, “What are you talking about? As far as I’m concerned, I’m running the shop.” We now know for sure that he won’t be running the shop for much longer. This morning, the FT announced that Barber will step down early next year; his top deputy, Roula Khalaf, will succeed him, becoming the first female editor in the paper’s 131-year history. Barber became editor in 2005, following stints as the paper’s Washington correspondent, Brussels bureau chief, news editor, and US managing editor. His tenure saw several significant shifts at the paper. In 2015, Nikkei, a Japanese media group, purchased it from the British publishing company Pearson; earlier this year, the FT relocated back to its old offices, in the heart of London’s financial district, following a 30-year absence and a major revamp. Barber has prioritized fixing a business model that he says was “broken” when he took over. Things seem to have worked out; in the spring, the FT hit the 1 million subscriber mark, with digital subscriptions comprising more than three quarters of its readership. At the time, Roy Greenslade, a British-media expert, wrote in The Guardian that the FT “was quicker than most to seize... Continue reading at 'Columbia Journalism Review'

[ Columbia Journalism Review | 2019-11-12 13:03:08 UTC ]

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