It is a new year and with it comes the promise of change. New ownership brings the opportunity of greater investment in the business and a new way to look at tackling the challenges that face us. It also brings the opportunity for a new start. To that end, with an eye toward the future, both the Globe’s and my own, I will be stepping down as publisher.
John and I have been discussing the future, both of the Globe and my role leading it, since his purchase. The priority over the past several months has been to ensure a smooth transition from the New York Times Company to local ownership. Now with these efforts either completed or well underway, it is time for the Globe to undergo its next major step in transition, namely to move from a traditional newspaper structure to one that is better positioned for success in a hyper-competitive, fast-changing industry.
You’ll hear more details of the new structure in the near future, but today’s announcement that John is seeking a COO is certainly part of that plan. For that process to begin, and in the interest of keeping everyone well-informed, it is important that I communicate this decision.
I will continue to support the organization during transition over the next several weeks and months, and over the longer term in the role of Senior Advisor to John on business issues and the Globe’s role in the community. I have committed much of my professional career to the success of this institution and am looking forward to continuing.
From a practical perspective, what does this mean for our day to day operations? We have a management structure in place with talented people performing critical functions and initiatives underway. We need to continue on all fronts.
I know more change can be disconcerting, particularly coming on the heels of last year’s sale process. However, Heraclitus was right, certainly for this industry, change is the only constant, and the Globe needs to begin this next major step in transition under John’s ownership.