The FT Group has introduced that Jon Slade, at the moment FT Chief Business Officer (CCO), will take up the function of chief govt officer on July 1.
Slade has 30 years of media business expertise, greater than 20 of which have been spent on the Monetary Instances. He held varied roles within the promoting staff, earlier than turning into CCO and becoming a member of the FT administration board in 2014. He’s at the moment liable for three quarters of the FT Group’s greater than £500mn annual revenues. This consists of international promoting, print circulation, consultancy and subscription earnings.
Commenting on his appointment, Slade stated: “I’m extremely proud to turn out to be CEO of the FT, a dynamic and iconic model that has advanced over 137 years, however by no means overpassed its mission to convey strong, impartial journalism to a global viewers. There has not often been a extra consequential interval for skilled information media. I sit up for tackling the alternatives and challenges that lie forward in our quickly shifting panorama.”
Naotoshi Okada, Nikkei Chairman and Group CEO, stated: “Jon’s substantial expertise has given him a deep understanding of the FT Group, and areas the place there may be wealthy territory for future progress. I’ve been impressed by his imaginative and prescient for the enterprise, and consciousness of the aggressive, financial and geopolitical challenges that affect our business. Jon has each the management abilities and industrial acumen to take the FT Group to new heights.”
The appointment of Slade comes as John Ridding, longtime FT Group CEO, introduced his intention to step down in the summertime after virtually 20 years on the helm. Ridding led the FT to all time highs in its readership and subscriptions, with the Group recording revenues of £540mn in 2024.
Written with the View : afaqs