Daisy Veerasingham Archives

Associated Press Names Daisy Veerasingham as New President and CEO By – Lindsey Ellefson Source:-yahoo.com The Associated Press on Tuesday announced Daisy Veerasingham will be the new president and CEO of the news organization. She will be the first woman, first person of color and first person from outside the United States to lead the AP in 175 years. She will replace Gary Pruitt early next year after his retirement. Previously, Veerasingham held the chief revenue officer role within the company. In an announcement on its digital site, the AP reported Veerasingham has expressed an interest in diversifying income sources as the organization finds itself in the same financial downfall as other media companies. In recent years revenue at the AP and other organizations has dropped off as the print industry has struggled in the digital era. These issues were compounded during the coronavirus pandemic. She also expressed her determination ...

AP appoints Daisy Veerasingham as agency’s president and CEO By DAVID BAUDER Source:-apnews.com NEW YORK (AP) — The Associated Press appointed Daisy Veerasingham, its executive vice president and chief operating officer, as the news cooperative’s president and CEO on Tuesday, setting her up to replace the retiring Gary Pruitt at the beginning of next year. She will become the first woman, first person of color and first person from outside of the United States to lead the AP in its 175-year history. Veerasingham, 51, is a first-generation Briton of Sri Lankan descent. Her appointment speaks to the changing portrait of the AP, where 40% of the company’s revenue, double what it was 15 years ago, is now generated outside of 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 ...