FT editor Lionel Barber to step down after 14 years
Lionel Barber, the long-time editor of the Financial Times, is to step down.
Barber was responsible for overseeing a massive increase in the FT's subscriber base and maintaining profitability at the publication, despite the most difficult trading conditions the newspaper industry has seen in living memory.
In an email to staff he said he had been privileged to work in "the best job in journalism."
He wrote: "When I took over as editor, I pledged to restore the gold standard in the FT’s reporting and commentary and to help the board build a sustainably profitable business."
Barber will step down in January, and will be replaced by deputy editor Roula Khalaf.
Khalaf said: "I look forward to building on Lionel Barber's extraordinary achievements and am grateful for his mentorship through the years."