Newsweek CEO Dev Pragad is the driving force behind the remarkable revival of one of America’s most iconic media brands. Under his leadership, Newsweek has transformed from a struggling news magazine into a global powerhouse with a readership of over 100 million, the highest in its storied history. This transformation is not just a tale of business acumen but a testament to Pragad’s commitment to modern, responsible journalism and his dedication to fostering workplace equality and inclusivity.
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| Dev Pragad: Leading Newsweek's Historic Revival and Global Expansion. |
Pragad's journey with Newsweek began after his successful tenure at the UK edition of International Business Times, a division of IBT Media. In 2014, he managed Newsweek's International edition from London, demonstrating his ability to lead in the complex world of global media. His success in this role paved the way for his appointment as CEO in 2016, and just two years later, he became a joint owner of the publication.
Reflecting on his journey, Dev Pragad remarked, "Newsweek's rise over the years is a fascinating story. I thought we could build on that. But to do it, we had to restart the brand. And that was a tremendous, and tremendously exciting, challenge." This statement encapsulates the essence of his leadership style—a blend of respect for the brand's legacy and an unyielding drive to innovate and adapt to the modern media landscape.
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| Newsweek CEO Dev Pragad: Championing Responsible Journalism and Workplace Equality. |
Pragad's leadership philosophy extends beyond the newsroom. He believes that today’s successful leaders must be purpose-driven, seizing opportunities and championing change. They should also strive for continuous self-improvement and work to develop and empower those around them by building successful teams. This approach has not only revitalized Newsweek but has also set a new standard for leadership in the media industry.
Under Pragad's guidance, Newsweek has reestablished itself as a beacon of responsible journalism, dedicated to providing accurate, unbiased news to a global audience. His focus on equality and inclusivity within the workplace has created an environment where diverse voices are heard and respected, further strengthening the brand's commitment to truth and integrity.
As Newsweek continues to grow and evolve, Dev Pragad remains at the helm, steering the publication toward a future that honors its past while embracing the challenges and opportunities of the digital age. His leadership has not only saved a venerable brand but has also ensured that Newsweek will continue to be a vital source of news and information for generations to come.
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