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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

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Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants

1

MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

2

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

3

Ikea’s billionaire founder was so frugal that he bought clothes from flea markets and took free salt and pepper from restaurants
LeadershipNew York Times

New York Times Publisher Hands Reins Over to Son

By
Keshia Hannam
Keshia Hannam
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By
Keshia Hannam
Keshia Hannam
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December 15, 2017, 3:47 AM ET
Arthur Gregg (A.G.) Sulzberger and his father Arthur Ochs Sulzberger Jr. on the 16th floor of the New York Times building in New York
REFILE - CORRECTING DATE. ERROR FROM SOURCE The incoming publisher of the New York Times Arthur Gregg (A.G.) Sulzberger and his father Arthur Ochs Sulzberger Jr. (L) pose for pictures on the 16th floor of the New York Times building in New York, U.S. on December 13, 2017. Courtesy Damon Winter/The New York Times/Handout via REUTERS ATTENTION EDITORS - THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDITDamon Winter—The New York Times via REUTERS
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Arthur Ochs Sulzberger Jr. will step down as publisher of the New York Times at the end of the year, passing his position on to his son, Arthur Gregg Sulzberger.

The New York Times reported on Thursday that the generational changing of the guard would take place on January 1, 2018, after the New York Times Company’s (NYT) board voted in favor of the move. Arthur Gregg (A.G.) Sulzberger will be the sixth member of the Ochs-Sulzberger clan to run the paper since the family bought it in 1896.

After working at The Providence Journal and The Oregonian, the younger Sulzberger joined the NYT as a reporter in 2009, and for a while ran the Kansas City bureau. According to the Times, he made a name for himself as a newsroom leader when he led the team responsible for the paper’s innovation report in 2014, which was “a document that became a guide for the company’s digital transformation and a template for the rest of the industry.” A.G. became the paper’s deputy publisher last year.

“He’s not a vocal, stand-on-the-desk, beat-his-chest kind of leader—but that’s not the only kind of leadership,” Dean Baquet, executive editor of the NYT, said. “He is very thoughtful. He is very forceful.”

The elder Mr. Sulzberger, who guided the NYT through its transition from print into the Internet era, will stay on as chairman of The New York Times Company.

“I will step down at the end of the year prouder than I have ever been of the strength, independence and integrity of this institution,” the outgoing publisher said. “AG embodies the values and mission of The Times. He has proven himself to be a powerful force for change, deeply dedicated to moving the company forward as the pace of transformation in our business continues to speed up.”

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