Nicholas Carlson, the Editor-in-Chief of Business Insider, is resigning from his position, and the company is already looking for someone to replace him.
Carlson announced his decision to step down from the editor-in-chief role in a meeting with the company's leaders. Although he is leaving this role, Carlson will stay with Business Insider as an editor-at-large, focusing on longer-term reporting and projects.
Barbara Peng, the CEO, will spearhead the search for a new editor-in-chief, as stated in an internal memo obtained by TheWrap.
Carlson emphasized that his decision is unrelated to any criticism of Business Insider's journalism, particularly referencing the recent reporting on Neri Oxman’s work, which sparked criticism from Bill Ackman.
Carlson also assured staff that despite angering powerful individuals with fair journalism throughout his tenure, it is an unavoidable aspect of the profession.
Carlson also reassured the staff about the positive direction of the company, stating a clear long-term editorial strategy and emphasizing the return to the well-loved brand of Business Insider.
Carlson concluded by expressing that it is not yet time to say goodbye and that he plans to cherish the remaining time together.
In another note to employees, Peng expressed gratitude for Carlson's substantial contributions in shaping Business Insider's development.
Peng revealed that the search for the next Editor-in-Chief will commence in the upcoming weeks and months.
An Axel Springer spokesperson commended Nicholas Carlson's leadership for Business Insider, which has led to the newsroom's global reach, and looks forward to the continued collaboration as Carlson assumes the role of Editor-at-Large.
Business Insider's parent company expressed pride in the renewed emphasis on in-depth coverage of business, tech, and innovation, as well as excitement for Barbara Peng to lead the hunt for the next Editor-in-Chief.
Semafor TheWrap initially broke the news of Carlson's resignation on Tuesday.
