Share on email global editor-in-chief Nicholas Carlson will step down this summer, he announced Tuesday morning in an internal memo obtained by Axios.Carlson said in Tuesday's memo that his planned exit is not motivated by the recent criticism.
"Every year I've been in this job we've published journalism that, though fair, has left very powerful people mad at us. That's a fact of journalism, and that's never going away," he wrote.will lead a search for his successor. Once that person is hired, he will stay on as editor-at-large and write for the publication. Carlson said his future endeavors could be starting another company or writing another book.
Axel Springer conducted an investigation into Insider's report and found no wrongdoing. But the investigation itself suggested to Insider employees that its parent company did not trust its editorial leadership.
"We're proud to see Business Insider's renewed focus on what it does best: deeply reported, unafraid coverage of business, tech, and innovation, and we are excited for CEO Barbara Peng to lead the search for Business Insider's next Editor in Chief," the spokesperson added. Peng sent a separate memo to staff thanking Carlson for his leadership and noted the many awards the newsroom has won. "Nich is one of the most creative and innovative leaders in journalism," Peng wrote.Carlson's decision comes as Business Insider reckons with a new strategic direction. Axel Springer acquired the publication in 2015 as its first major foray into the U.S. market. The outlet now is part of a much broader U.S.
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