Business Insider CEO Barbara Peng sent out the following to the staff on Tuesday:
Team,
As Nich has shared, after 16 years at Business Insider and an extraordinary 7 years as our Editor-in-Chief, he will transition to Editor-at-Large this summer.
Nich is one of the most creative and innovative leaders in journalism. He has shaped so much of what Business Insider has become and I want to thank him for his tremendous contributions. Under his leadership, Business Insider became a Pulitzer Prize, National Magazine Award, Emmy, Murrow, Webby, and SABEW-winning global news organization with nearly 500 journalists reaching hundreds of millions of readers and viewers each month.
We’re kicking off a search for our next Editor-in-Chief and will share more in the coming weeks and months, including many toasts to Nich!
Barbara
Barbara Peng
CEO