Dev Pragad
 | A major contributor to this article appears to have a close connection with its subject. (July 2024) |
Dev Pragad | |
|---|---|
| Born | 1984 or 1985 (age 39–40)[1] India |
| Citizenship | British American |
| Education | King's College London |
| Occupation | Businessman |
| Known for | CEO and co-owner of Newsweek |
| Title | President and CEO of Newsweek |
| Board member of | King's Trust USA, King's College London Impact Leaders[2] |
| Website | www |
Dev Pragad (born 1984) is the British-American president and CEO of Newsweek. He is also co-owner of Newsweek acquiring a half-interest in 2018.[1] Under his tenure, Newsweek returned to profitability, and reaches 100 million readers a month.[3]
Early life and education
[edit]Pragad was born in India, grew up in the United Kingdom, and graduated from King's College London with a Bachelor of Engineering in computer science/electronics and a Ph.D in Electrical Engineering.[4] He relocated to New York and became an American citizen, with dual citizenship in the UK. He also completed the Owner/President Management program, a non-degree granting continuing education program of Harvard Business School.[4]
Career
[edit]Prior to becoming CEO of Newsweek, Pragad managed its international edition from London in 2014.[5]
In 2018, Newsweek was spun off as a standalone company, Newsweek Publishing LLC, from IBT Media with Pragad and Johnathan Davis each owning 50% of that company.[6][7]
Pragad was the subject of a Harvard Business School case study published in 2021.[8] The case study focuses on the Newsweek digital transformation through the use of data collection and performance measurements to grow the publication's readers and revenue. Pragad is credited with turning around Newsweek, restoring it to profitability as a business.[1] By 2022, the media outlet was profitable and had 20 to 30% growth for the year, and 100 million readers per month.[9]
Under Pragad's leadership, Newsweek secured interviews with heads of state, including Prime Minister Narendra Modi of India and Prime Minister Fumio Kishida of Japan.[10][11]
In April 2024, Newsweek magazine published a cover story on Modi, following an interview conducted by Newsweek along with global editor in chief Nancy Cooper at Modi's residence in New Delhi.[11]
Pragad launched Newsweek Rankings, which has become the fastest-growing part of the business. Rankings include the World's Best Hospitals,[12][13][14] Auto Disruptor Awards,[15][16] and other corporate and employer rankings.[17]
Other roles and honors
[edit]Pragad is a member of the advisory board of the King's Trust USA.[18] He is an honorary fellow of King's College London and a member of the King's College London Impact Leaders Board,[2][1]
References
[edit]- ^ a b c d Gale, Adam (April 5, 2022). "Dev Pragad: The Man Who Saved the News". Management Today.
- ^ a b "King's Impact Leaders Board". King's College London. London. 2024. Retrieved 25 July 2024.
- ^ "Dev Pragad, CEO of Newsweek". The CEO Magazine. Retrieved 2024-01-01.
- ^ a b "Benefitting from Time in a Virtual World". Harvard Business School. Retrieved 29 April 2024.
- ^ "Newsweek makes London the centre of its world". The Drum. Retrieved 2024-01-06.
- ^ "Newsweek Media Group Splits into Separate Companies: Newsweek, IBT Media". www.mediapost.com. Retrieved 2024-01-06.
- ^ Rouhandeh, Alex J.; Jamali, Naveed (June 29, 2023). "Newsweek Shareholders End Legal Dispute, Co-owner Davis Leaves Olivet Sect". Newsweek.
- ^ Appelgate, Lynda M.; Srinivasan, Surja (February 2022) [October 2021]. "Newsweek: Driving a Digital First Strategy - Case 822-052 - Faculty & Research". www.hbs.edu. Harvard Business School. Retrieved 25 July 2024.
- ^ Bruell, Alexandra (July 29, 2022). "Newsweek Engulfed in Legal Drama as Co-Owners Sue Each Other". The Wall Street Journal.
- ^ O'Connor, Tom (2024-04-29). "'Most complex security environment since WWII,' says Japanese PM". Newsweek. Retrieved 2024-04-29.
- ^ a b Bhat, Danish Manzoor (2024-04-10). "Modi's Moment: How Narendra Modi is Changing India and the World". Newsweek. Retrieved 2024-04-22.
- ^ "The top risers on Newsweek's 'World's Best Hospitals' list". www.advisory.com. Retrieved 2024-02-24.
- ^ Taylor, Mariah (2023-09-14). "World's top specialized hospitals by specialty, per Newsweek". www.beckershospitalreview.com. Retrieved 2024-02-24.
- ^ "Ranking - Worlds Best Hospitals 2023". Statista R. Retrieved 2024-02-24.
- ^ Mast, Garrett (2023-04-04). "Akio Toyoda Honored as Newsweek's 'World's Greatest Auto Disruptors' Executive of the Year". Toyota USA Newsroom. Retrieved 2024-02-24.
- ^ Global, K. E. D. "Hyundai Motor wins Newsweek World's Greatest Auto Disruptors Awards". KED Global. Retrieved 2024-02-24.
- ^ "Newsweek Rankings". www.newsweek.com. Retrieved 2024-01-07.
- ^ "About Us". The King’s Trust USA. Retrieved 2024-04-29.
External links
[edit]- "Newsweek Media Group Splits Into Two Companies". Newsweek. 10 October 2018.