Financial Times appoints editor of Continental European edition

The Financial Times has announced today the appointment of Brian Groom as editor of the Continental European edition.

Groom, currently the FT’s Political editor, will have responsibility for the European edition, both in print and online. He will take up the position in July. Groom replaces Lionel Barber who was appointed editor of the FT’s US edition in March 2002.

Andrew Gowers, editor of the FT, said, "I am delighted to announce this appointment. Brian is an outstanding journalist who has extensive experience in covering political, social and economic issues. Brian worked on the launch of the European edition in 1979, and with his wide newspaper experience is brilliantly placed further to expand the FT's position as an essential read for business people across Europe."

Since the FT launched its European edition in 1979 circulation has grown to 155,000 copies a day. The FT’s circulation has more than doubled over the last four years, and it is Europe’s leading business daily*.


* Source - EBRS 2000

Notes

The Financial Times Group, one of the world’s leading business information companies, aims to provide a broad range of business information and services to the growing audience of internationally minded business people. The FT Group includes:

  1. The Financial Times, one of the world’s leading business newspapers, which is recognised internationally for its authority, integrity and accuracy. Providing extensive news, comment and analysis, the newspaper is printed in 19 cities across the globe, has a daily circulation of over 500,000 and a readership of more than 1.8million people worldwide.
  2. FT.com, the newspaper’s internet partner, which combines agenda-setting editorial with relevant financial data and discussion groups, as well as a broad range of business tools including the largest search function on the internet. FT.com has more than 55 million monthly page views and over 2.7 million unique monthly visitors.
  3. The FT Group’s pan-European network of national business newspapers and online services including France’s leading business newspaper and website, Les Echos and lesechos.fr, and Spain’s leading business newspaper and website, Expansion and expansiondirecto.es. In February 2000, the FT launched a new German language newspaper, FT Deutschland, with a fully integrated online business news and data service.
  4. Through FT Interactive Data, the FT Group is one of the world’s leading sources of securities pricing and specialist financial information to global institutional, professional and individual investors. Its products include eSignal, an online realtime streaming quotation service for brokers and active traders.
  5. FT Business which produces specialist information on the retail, personal and institutional finance industries. It publishes the UK’s premier personal finance magazine, Investors Chronicle, and The Banker, Money Management and Financial Adviser for professional advisers.
  6. The Financial Times Group also has a stake in a number of joint ventures, including;
    • FTSE International, a joint venture with the London Stock Exchange.
    • Vedomosti, Russia’s leading business newspaper and a partnership venture with Dow Jones and Independent Media
    • A 50% stake in BDFM, publishers of South Africa’s leading financial newspapers and websites.
    • A 50% stake in The Economist Group, which publishes the world’s leading weekly business and current affairs journal.

The FT Group is part of Pearson (FTSE:PSON; NYSE: PSO) the international media company. Pearson's businesses include Penguin, the best-known brand in consumer publishing, and Pearson Education, the world's leading education company.

Contact Information

For further information, please contact Anoushka Healy/Alice Owen on 020 7873 3720/020 7873 3829.