OLD Media Moves

Deogun: Why I am leaving CNBC for Brunswick Group

September 13, 2018

Posted by Chris Roush

Nik Deogunthe editor in chief of CNBC who is leaving to become CEO of Brunswick Group in the Americas, writes about his decision on LinkedIn.

Deogun wrote, “I’ve had the honor of leading the best and brightest in business journalism. CNBC occupies a unique and extraordinary position in the media firmament. The quality of our content stands apart because every person who works here, from camera operator to on-air reporter, takes enormous pride and delights in serving the most discerning, sophisticated and influential audience.

“That’s what attracted me to CNBC from The Wall Street Journal nearly nine years ago. I learned so much in my time here — about television, the markets, the economy, management and business. What I also discovered, thanks to the entrepreneurial nature of CNBC, is that I also genuinely enjoy managing, leading and building a business.

“That interest has led me to this juncture in my life.

“I am fascinated by the changing role of modern corporations and the decisions they face.

“Yes, companies have to be sharply focused on shareholders (activists aren’t going away), but the most successful value-creating organizations are also thinking about how to be successful in society. The employees and customers of corporations are pushing organizations to look at how they do business, where they do business and what value they create.

“That’s what attracted me to my new position.”

Read more here.

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