New York Times Co. CEO Mark Thompson and publisher Arthur Sulzberger tell employees that the “significant redesign” of the company announced today — there are three new groups — is “intended to accelerate the delivery of our top priorities: growth, particularly in our paid products business; better teamwork across the Company; and a special focus on excellence in plotting the future of our print operations.”
It is our hope that this reshaping of our organization will result in faster decision making, clearer lines of responsibility and greater accountability.
Read the Bloomberg story and the Times memo.
March 15, 2013
On the Record From Arthur and Mark: A New Structure
At our town halls last month we promised that within a few weeks Mark would unveil a new organizational structure for the Company to help us achieve our strategic goals. Today we are announcing it.
It’s a significant redesign of The New York Times Company, one intended to accelerate the delivery of our top priorities: growth, particularly in our paid products business; better teamwork across the Company; and a special focus on excellence in plotting the future of our print operations.
The new structure introduces product-centric general managers charged with leading our key growth initiatives in a new Digital Products and Services Group. It also means a new focus on advertising in a free-standing Advertising Department and a new Print Products and Services Group. Across the Company, we believe that the structure will encourage swifter decision making and clearer priorities with smaller teams empowered to achieve their goals as quickly and effectively as possible./CONTINUES
We are also eliminating the distinction between The New York Times Media Group and the corporate layer of the Company by unifying professional functions in areas like finance under Jim Follo, strategy under Will Bardeen and human resources underMichael Golden. We are, of course, preserving the historic editorial independence of the newsroom from commercial influence, but also promoting a closer partnership between the newsroom and the rest of the Company as we develop our products and services.
The new structure recognizes the different forces at play in print and digital and enables the leaders of those groups to focus on successful strategies for each.
To that end, we have created three new groups:
• Denise Warren will lead a new Digital Products and Services Group, which will focus on the growth and development of our portfolio of digital products along with oversight of our subscriber relationships.
• Roland Caputo will oversee a new Print Products and Services Group, which will focus on the print operations that are so critical to the Company’s success and profitability.
• The Advertising Department will be led by an executive who will report directly to Mark and will be solely focused on further enhancing the competitiveness of The Times in digital and print advertising. We will begin a search for the right candidate immediately, considering both the talent we have inside The Times and the external market. In the interim, Todd Haskell and Andy Wright will serve as co-leaders and report to Mark.
Yasmin Namini becomes chief consumer officer and will lead our drive to take our burgeoning subscription business to the next level. We want to achieve world-class quality in our relationships with our subscribers and concentrate both expertise and data in one place in the Company. Yasmin will be part of Denise’s new group and she and her team will also work closely with Roland and the print operation.
Tom Carley becomes senior vice president, ventures, within Denise’s group. Tom’s portfolio will include the existing news services collection of businesses, as well as our growing conferences and e-commerce businesses.
Within the new Digital Products and Services Group, Paul Smurl will become general manager, core digital products. Paul will work with colleagues in the newsroom and across the business side to lead the development of our master product, the expression of the New York Times news report on all digital platforms. David Perpich becomes general manager, new digital products, charged with turning into reality our plan for a set of new digital offerings to complement the core product.
As senior vice president, operations and labor, Terry Hayes will be a critical member of Roland’s Print Products and Services Group and will continue with his current portfolio of responsibilities which include labor, real estate and building operations.
We are also naming a chief creative officer so that design and user experience have a strong voice in all the Company’s consumer strategies and initiatives. Tom Bodkin will take up this role in addition to his existing responsibilities in the newsroom. In all matters related to editorial decision making about the news report, he will continue to report directly and solely to Jill Abramson.
Michael Golden will maintain his managerial oversight of a wide range of activities for the Company, including human resources, corporate communications and R&D. He will also continue as the senior management lead for the International Herald Tribune as it begins its transition to the International New York Times and of the process of selling the New England Media Group.
These changes will be implemented at the end of March in order to provide an appropriate amount of transition time for the transfer of knowledge and planning. We know that many of you will have specific questions about what this means to you. You will be hearing directly from your managers, who will be prepared to help guide you through our new organizational structure.
It is our hope that this reshaping of our organization will result in faster decision making, clearer lines of responsibility and greater accountability. As always, we thank you for your hard work and look forward to the excitement of what lies ahead for The Times in 2013 and beyond.
Arthur and Mark