New York Times Co. incoming Chief Executive Officer Mark Thompson is going public to defend his leadership at the British Broadcasting Corp. amid calls for the newspaper company to reevaluate its CEO choice.
New York Times Co. named Mark Thompson as its next chief executive officer after a nine-month search, turning to a leader who steered the British Broadcasting Corp. through belt tightening and job cuts.
Former British Broadcasting Corp. Director General Mark Thompson said a failed digital media initiative at the broadcaster, which resulted in a loss of about 100 million pounds ($163.4 million), deteriorated under his watch.
New York Times Co. Executive Editor Jill Abramson, who dispatched a team of reporters to investigate the controversy over Mark Thompson’s leadership of the British Broadcasting Corp., said she remains sanguine about his role as chief executive officer of her company.
New York Times Co. Chief Executive Officer Mark Thompson is taking a cue from subscription services like Netflix Inc. in a bid to transform the publisher into an Internet company that relies less on advertising.
Mark Thompson, the newly installed chief executive officer of New York Times Co., testified at an internal inquiry by the British Broadcasting Corp. into why it canceled a news report about alleged sexual abuse at the broadcaster, raising concerns of a cover-up.