Ms. Antunes' appointment is effective Oct. 6, when she will take charge of the paper's 33-person editorial staff and both the print edition and website. She assumes the position from longtime Editor Greg David, who as previously announced will become editorial director.
'Best person' for the job
"Crain's New York Business has a great team of journalists, and the addition of Xana will make us even stronger," said Ms. Kaplan. "The search has taken some time because we all knew it wouldn't be easy to find someone to succeed Greg, but we are convinced we have found the best person to do so because of her powerful combination of online and business print experience."
In the past year, Crain's print edition has been honored for general excellence for weeklies by the Society of Business Editors and Writers and won the coveted General Excellence Award from the Alliance of Area Business publications. Its website continues to show sharp increases in visitors and page views.
"The business of New York City is the business of the world, and Crain's has the rare privilege and challenge of covering the city's moneyed and powerful elite on a daily basis," said Ms. Antunes. "I'm thrilled to have the opportunity to lead this talented team and to continue to grow and develop Crain's as a multi-platform must-read."
Executive editor at Fortune
"Crain Communications is committed to journalistic quality and integrity. Xana will become an important part of this company that places our readers first by delivering them hard-hitting and insightful news," said Rance Crain, editor in chief of Crain's New York Business and president, Crain Communications.
Under the CNN Money umbrella, Ms. Antunes was responsible for developing online versions of the Time Inc. Fortune Money magazines, including Fortune, Money, Business 2.0 and Fortune Small Business under the CNN Money umbrella. From 2003, when she joined Fortune, to 2005, she helped oversee all of Fortune's editorial operations as executive editor.
Prior to that, Ms. Antunes served two years as a consultant to various magazines and newspapers in New York and overseas. From 1999 to 2001, she was editor of the New York Post, where she ran the daily and Sunday editions. She rose up through the ranks of the paper, having been named deputy editor in 1998, business editor in 1996 and deputy business editor in 1995.
She is a graduate of Leeds University with a B.A. in communications and public media. She also holds a post graduate diploma in journalism from City University in London.
David to oversee editorial, op-ed pages
Mr. David will continue to oversee the editorial and op-ed pages and will continue his twice-a-month column on the economy, politics and journalism. He will remain the host of the Crain's Breakfast Forums, increase his public speaking and take on special assignments. He is also an adjunct professor at the CUNY Graduate School of Journalism and will teach a course at the New School for Management and Urban Policy in the spring on the city's economy and business.
"There is no doubt we found the best person for the job,'' said Mr. David, "and I look forward to working with her and expanding my own writing and public presence.''
Both Mr. David and Ms. Antunes are members of the executive management committee and report to Ms. Kaplan.