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Financial Times names Jon Slade as new CEO after two-decade leadership run

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MUMBAI:  The Financial Times has tapped its commercial whizz Jon Slade as the new chief executive, ending John Ridding’s mammoth 18-year stint at the helm of the prestigious pink paper.

Slade, who’s been flexing his muscles as chief commercial officer since 2014, will take the reins this summer after overseeing a whopping three-quarters -including global advertising, print circulation, consultancy and subscriptions – of the FT group’s annual revenue streams. 

The 51-year-old commercial hotshot has pulled off the seemingly impossible – steering the FT’s advertising business back into growth while rival media outlets watched their numbers plummet faster than a lead balloon. Additionally, he has recently overseen the expansion of the group’s consulting business, FT Strategies.

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“Jon has both the leadership skills and commercial acumen to take the FT Group to new heights,” gushed Japanese parent company Nikkei chairman & CEO Naotoshi Okada. The venerable paper is now one of the flashy titles under the Japanese media and financial information  powerhouse. 

Under Slade’s commercial stewardship, the FT has been raking in the cash, with revenue and readership figures climbing steadily over the past decade. The media powerhouse now boasts a global paying audience of 2.9 million, including 1.5 million subscribers who fork out for online and print content.

With AI sending shockwaves through the media landscape, Slade will be tasked with navigating the digital revolution’s next chapter. The savvy operator has already orchestrated a licensing deal with OpenAI, getting ahead of the game while other publishers were still scratching their heads.

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“There has rarely been a more consequential period for professional news media,” Slade declared, clearly relishing the challenge of his promotion. 

The London-based group reported a tidy £540 million in revenues last year, up from just over £500 million in 2023 – proof that quality journalism can still bring home the bacon even as the industry weathers seismic technological shifts.

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MAM

Tata Communications CEO A S Lakshminarayanan retires

Seasoned leader hands over reins after guiding the company through key growth years.

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MUMBAI: Tata Communications is turning a new page and this time, the chapter is being written by a fresh voice from the same trusted book. The company has announced the retirement of its managing director and chief executive officer, A S Lakshminarayanan, effective at the close of business on 13 April 2026. Lakshminarayanan’s departure marks the end of a significant chapter in the company’s leadership journey.

The board expressed appreciation for his contributions during his tenure, acknowledging the role he played in shaping the organisation. In January 2026, the board had already appointed Ganesh Lakshminarayanan as managing director and CEO (Designate), ensuring a smooth leadership transition.

Ganesh Lakshminarayanan brings over three decades of experience across domestic and global enterprises. He currently serves as Managing Director and Group Vice President at ServiceNow India, where he has focused on driving enterprise adoption of AI-led digital transformation and strengthening go-to-market capabilities. Prior to this, he led Bharti Airtel’s enterprise business as CEO of Airtel Business and earlier headed its Enterprise division. His career also includes roles as Chief Operating Officer at Capillary Technologies, along with advisory positions at Ernst & Young and Sequoia Capital.

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The transition reflects Tata Communications’ focus on continuity while bringing in fresh perspectives to navigate the rapidly evolving digital infrastructure landscape.

In the fast-moving world of global communications, leadership changes are like well-timed signal switches necessary to keep the network strong and the journey smooth. As A S Lakshminarayanan steps down, Ganesh Lakshminarayanan steps up, ready to carry forward the legacy while steering the company into its next phase of growth.

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