Newsweek's managing editor, Kira Bindrim, revealed today that she is leaving the magazine to join Atlantic Media as editor of Quartz's newly formed Talent Lab, a global network aimed at discovering and developing new reporters.
Bindrim had served as Newsweek's managing editor since 2013, around the time the brand was acquired by IBT Media, and helped oversee its return to print media the following year. Prior to Newsweek, Bindrim held roles at Thompson Reuters and Crain's New York.
Newsweek wasted little time naming Bindrim's replacement.
Ken Li, founding editor-in-chief of Re/code, will take over as managing editor of Newsweek, overseeing day-to-day operations for the website and weekly magazine, according to an announcement this morning.
Li had been with Re/code since its inception as a relaunch of the now-defunct AllThingsD.com in early 2014 and served in prior editorial roles at Thompson Reuters, Financial Times, and The Industry Standard, beginning his career as a tech reporter for the New York Daily News in 1996. Moviegoers can thank Li for allegedly inspiring "The Fast and the Furious" film franchise with an article in the May, 1998 issue of Vibe about street racing in New York City.
“As Kira Bindrim heads to Quartz, we are thrilled to welcome Ken into the Newsweek family and eager to have his sharp news sense and digital savvy guiding our operations,” said Newsweek editor-in-chief, Jim Impoco, in a statement. “Ken’s background includes a great mix of writing, editing and strong newsroom leadership that are critical for the managing editor role.”
Li announced he was moving on from Re/code in February. In this case, the media shuffle comes full circle, as Li's replacement at Re/code, Dan Frommer, joined the site from Quartz, where he was technology editor.
It's been an interesting few months at IBT Media, which debuted redesigned websites for both Newsweek and International Business Times in December. Rumors of financial issues, missed payments, and disgruntled employees soon followed, culminating in the dismissal of at least 15 staffers last month.
"Over the past few months we have been strategically restructuring the company in order to adapt to the changes in the market and to insure IBT Media has a strong path to continued growth," wrote CEO Etienne Uzac and CCO Johnathan Davis in a staff memo addressing the layoffs. "In these ever shifting and challenging times within our industry, we are responsible for sustaining and reinventing our company as best we can."
As part of the Ken Li announcement, Newsweek revealed a series of other staff changes. Kevin Dolak was promoted from executive editor, digital to national editor, overseeing 2016 election coverage. Social media director, Margarita Noriega, will step into Dolak's previous role, while Iva Dixit will take over as social media editor.
— Kira Bindrim (@KiraBind) April 25, 2016