Dean Baquet named executive editor of the New York Times.

The New York Times announced today that Dean Baquet has been named executive editor, effective immediately. Mr. Baquet, a Pulitzer Prize winning journalist who has been managing editor at The Times since September 2011, succeeds Jill Abramson. In making the announcement, Arthur Sulzberger, Jr., the publisher of The New York Times and chairman of The New York Times Company, said, "There is no journalist in our newsroom or elsewhere better qualified to take on the responsibilities of executive editor at this time than Dean Baquet. He is an exceptional reporter and editor with impeccable news judgment who enjoys the confidence and support of his colleagues around the world and across the organization."

Mr. Baquet said, "It is an honor to be asked to lead the only newsroom in the country that is actually better than it was a generation ago, one that approaches the world with wonder and ambition every day. The talented journalists of The New York Times make it the greatest news operation in history and I look forward to working with them to deliver the world's most engaging and enterprising journalism."

Read it at Wall Street Journal.