Ken Doctor on Restructuring at The New York Times

2017 looks like the year in which The New York Times (NYT) - Get Report finally turned the digital corner. Yet, today's announcement of CEO Mark Thompson's reorganization of his top leadership indicates he doesn't want to simply make the turn; he wants to accelerate through it. Today, 59-year-old Thompson announced the appointment of 46-year-old Meredith Kopit Levien as the Times' chief operating officer in more than a decade. While the appointment clearly puts a potential succession in place, its immediate motive is clear: speedier to market with products that will double down on Thompson's now highly articulated "subscriber-first" strategy.

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This article was written by a staff member of TheStreet.