NEW YORK (AdAge.com) -- The Financial Times continued a big shake-up today by promoting Greg Zorthian, who has been global circulation director since July 2007, to assume additional duties as president of the Americas.
The move follows close after Andrew Sollinger, managing director of the Money-Media news site the Financial Times bought a year ago, was named managing director of the Financial Times' commercial operations in the U.S. Mr. Sollinger was part of the executive team at Money-Media when the Financial Times bought it.
U.S. President Steve Howe, who joined the Financial Times in 2004, is leaving as part of the reorganization. The company said Mr. Howe was instrumental in growing print and digital revenue and share alike for the Financial Times despite an increasingly challenging business environment.
"It has been both exciting and rewarding to help build such an influential brand in the Americas region," Mr. Howe said in a statement on his departure. "I thank the FT for the opportunity."
Mr. Zorthian, a three-decade media veteran who previously held senior posts at companies including Forbes and Time Inc., continues to report to Financial Times CEO John Ridding. Mr. Ridding wants to aggressively build the business in the U.S.