Executive Director @ The New York Times

The mission of The New York Times is to seek the truth and help people understand the world. That means independent journalism is at the heart of all we do as a company. It’s why we have a world-renowned newsroom that sends journalists to report on the ground from nearly 160 countries. It’s why we focus deeply on how our readers will experience our journalism, from print to audio to a world-class digital and app destination. And it’s why our business strategy centers on making journalism so good that it’s worth paying for.

The New York Times is looking for an Executive Director, Corporate Development to join its high-impact Strategy & Development team. You will lead the company's efforts to identify, analyze and accelerate promising acquisition opportunities. You will also participate in strategy projects that contribute to our growth in other ways, including through partnerships and organic investment.

This is an important and exciting moment to work at The Times. Our journalism has never been stronger or more relevant. Our products are used by millions of passionate and engaged users every month. Our strategy of providing journalism worth paying for has helped us surpass 11 million subscribers. And we see enormous potential for continued growth.

Acquisitions — including Wirecutter, Wordle, and The Athletic — have contributed significantly to the success of our essential subscription strategy. You will help senior leaders evaluate acquisitions and other business opportunities that ensure the company's continued success.

This is a hybrid role based in our New York City headquarters, reporting to the SVP, Head of Strategy & Development. You can typically expect to come into the office 3+ days per week.

Responsibilities:

Leading end-to-end sourcing, structuring, negotiating, diligencing, and closing of acquisitions at The Times
Building relationships with founders, bankers, and others to stay up to date on market trends and identify opportunities
Collaborating with internal teams (e.g., Product, Engineering, Legal, Tax) and third parties to identify and assess potential acquisition opportunities
Conducting rigorous analysis to articulate the strategic rationale and quantitative impact of potential acquisitions
Communicating important diligence findings to senior leadership
Managing relationships with outside advisors working on deals, including investment banks, legal firms, venture capital firms, consulting firms, accounting firms and HR and compensation advisors
Overseeing the integration of acquired businesses into the operations of The Times, and advising business unit leaders on an ongoing basis
Participating in strategy projects that may involve market assessments, product strategy, partnerships, subscription growth, and more
Demonstrate support and understanding of our value of journalistic independence and a strong commitment to our mission to seek the truth and help people understand the world.

Basic Qualifications:

A minimum of 8 years of relevant work experience in private equity, venture capital, investment banking, corporate development, and / or management consulting
Deep familiarity with and interest in the competitive landscape and evolving information ecosystem that The Times operates in
Experience leading acquisitions or investments, including researching new markets, evaluating business models, developing relationships with management teams, leading diligence processes, and building complex financial models
Experience communicating effectively with senior company leaders in memos, presentations, and verbally
Prior experience finding potential acquisition opportunities
Track record of building strong, productive relationships with a broad range of internal stakeholders and external partners
Passion for The New York Times and the role of journalism in society

REQ-018926

The annual base pay range for this role is between:

$245,000—$265,000 USD

For roles in the U.S., dependent on your role, you may be eligible for variable pay, such as an annual bonus and restricted stock. Benefits may include medical, dental and vision benefits, Flexible Spending Accounts (F.S.A.s), a company-matching 401(k) plan, paid vacation, paid sick days, paid parental leave, tuition reimbursement and professional development programs.

For roles outside of the U.S., information on benefits will be provided during the interview process.

The New York Times Company is committed to being the world’s best source of independent, reliable and quality journalism. To do so, we embrace a diverse workforce that has a broad range of backgrounds and experiences across our ranks, at all levels of the organization. We encourage people from all backgrounds to apply.

We are an Equal Opportunity Employer and do not discriminate on the basis of an individual's sex, age, race, color, creed, national origin, alienage, religion, marital status, pregnancy, sexual orientation or affectional preference, gender identity and expression, disability, genetic trait or predisposition, carrier status, citizenship, veteran or military status and other personal characteristics protected by law. All applications will receive consideration for employment without regard to legally protected characteristics. The U.S. Equal Employment Opportunity Commission (EEOC)’s Know Your Rights Poster is available here.

The New York Times Company will provide reasonable accommodations as required by applicable federal, state, and/or local laws. Individuals seeking an accommodation for the application or interview process should email [email protected]. Emails sent for unrelated issues, such as following up on an application, will not receive a response.

The Company encourages those with criminal histories to apply, and will consider their applications in a manner consistent with applicable "Fair Chance" laws, including but not limited to the NYC Fair Chance Act, the Los Angeles Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, the Los Angeles County Fair Chance Ordinance for Employers, and the California Fair Chance Act.

For information about The New York Times' privacy practices for job applicants click here.

Please beware of fraudulent job postings. Scammers may post fraudulent job opportunities, and they may even make fraudulent employment offers. This is done by bad actors to collect personal information and money from victims. All legitimate job opportunities from The New York Times will be accessible through The New York Times careers site. The New York Times will not ask job applicants for financial information or for payment, and will not refer you to a third party to do so. You should never send money to anyone who suggests they can provide employment with The New York Times.

If you see a fake or fraudulent job posting, or if you suspect you have received a fraudulent offer, you can report it to The New York Times at [email protected]. You can also file a report with the Federal Trade Commission or your state attorney general.

Executive Director

Corporate Development

The New York Times

Compensation Overview

Responsibilities:

Basic Qualifications:

Simplify's Take

What believers are saying

What critics are saying

What makes The New York Times unique

Benefits

Company News