Financial Times appoints Gillian Tett US Managing Editor

NEW YORK, 1 March 2010: The Financial Times today announces the appointment of Gillian Tett as US managing editor, overseeing the FT's print and online editions in the region.

Tett, currently assistant editor responsible for the FT's markets coverage, will take up her new role with immediate effect. She will move to New York full-time from 1st September 2010.

FT Editor Lionel Barber commented: “Gillian's award-winning coverage of the global financial crisis has been recognized around the world.  Having led the markets team from London, and with a wealth of global experience, she is ideally placed to lead the next phase of the FT’s editorial development in the US.  She will play an important ambassadorial role in the region and strengthen our growing influence in the North American market.”

Tett joined the Financial Times in 1993 and has served as its capital markets editor, deputy editor of the Lex column, Tokyo bureau chief, Tokyo correspondent, London-based economics reporter and a reporter in Russia and Brussels. She has a PhD in social anthropology from Cambridge University.

Tett was named Journalist of the Year (2009) and Business Journalist of the Year (2008) by the British Press Awards and Senior Financial Journalist of the Year (2007) by the Wincott Awards. She is author of Fool’s Gold: How Unrestrained Greed Corrupted a Dream, Shattered Global Markets and Unleashed a Catastrophe (2009), which won Financial Book of the Year at the inaugural Spear’s Book Awards. She also wrote Saving the Sun: A Wall Street Gamble to Rescue Japan from its Trillion Dollar Meltdown (2003).

Tett succeeds Chrystia Freeland, who will leave the company to take up a role at Thomson Reuters.

Lionel Barber said: “Chrystia has been a driving force behind the FT’s success in the US for the past four years, and has contributed to the FT's global profile in many other senior roles in London and Moscow. I wish her the very best with her future endeavors.”