NEW YORK, N.Y. – The New York Times says executive editor Jill Abramson is being replaced by managing editor Dean Baquet after two and a half years on the job.
The company didn’t give a reason for the change. Abramson and Baquet had been in their current positions since September 2011.
Baquet, who would be the first African-American to hold the newspaper’s highest editorial position, received a Pulitzer Prize for investigative reporting in 1988. Baquet, 57, has worked for the Times since 2007.
Abramson, 60, was the paper’s first female executive editor. She joined the newspaper in 1997 and was managing editor for eight years before she took the top editing position.
New York Times Co. shares fell 59 cents, or 3.7 per cent, to $15.18 in afternoon trading.