
Financial Times journalist Matthew Garrahan is leaving the publication after almost 30 years to join Redbird Capital Partners amid its takeover of The Telegraph, reports Charlotte Tobitt of the Press Gazette.
Tobitt reports, “Garrahan has been hired as operating partner, news and entertainment at Redbird, based in London.
“The US-based private investment firm Redbird said he will be working across its global news and media portfolio, drawing from his ‘significant industry expertise’ to support its growth.
“Earlier this year Redbird agreed to take over Telegraph Media Group but the process has not yet concluded. Sky News reported last month that Redbird was submitting its detailed proposals for the deal to the Government so Culture Secretary Lisa Nandy could decide whether to carry out an investigation into the plan.”
Read more here. Garrahan most recently was head of digital platforms at the FT. He previously was news editor, global media editor and Los Angeles correspondent.