NEW YORK (TheStreet) -- New York Times (NYT) has named Dean Baquet as its new executive editor, effective immediately, replacing Jill Abramson. Baquet has held the position of managing editor since September 2011.
Abramson's departure was unexpected after three years at the helm of the newspaper. She was the first female to hold the position. Reporting on the news, The New York Times said "reasons for the switch were not immediately clear."
"Our masthead became half female for the first time and so many great women hold important newsroom positions. Dean has been my partner in all this and he will be a great executive editor," commented Abramson in a statement.
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