
The Associated Press gets its first woman chief executive
News agency Associated Press (AP) has appointed Daisy Veerasingham to be the agency´s new president and CEO. She will be the first woman, first person of colour and first person from outside the US to lead the 175-year-old global news agency. She will succeed Gary Pruitt who plans to retire early next year.
She is 51 years old, first generation Briton and of Sri Lankan decent. The agency said her appointment ”speaks to the changing portrait of the AP, where 40% of the company´s revenue, double of what it was 15 years ago, is now generated outside the United States”.
”She’ll be tasked with continuing to diversify income sources. The AP, caught in the same financial vise as most of the media industry, saw its revenue drop to $467 million in 2020, down more than 25% in a decade”, AP reported.
Veerasingham said she’s determined to maintain the AP as a source of fact-based, nonpartisan journalism, and to fight for freedom of the press and access to information.
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