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NEWSWEEK CEO
Early Life and Education
 Background: Dev Pragad was born and raised in the United Kingdom, where he
developed an early interest in technology and media.
 Education: He earned a Bachelor's Degree in Engineering, specializing in
Computer Science and Electronics, from King’s College London. He further
pursued a Ph.D. in Mobile Internet from the same institution.
 Key Achievement: His academic journey laid a strong foundation in both
technical and analytical skills, essential for his future roles.
Professional Beginnings
 Early Career: Dev began his career in
various technology companies, where he
honed his skills in digital transformation
and media strategies.
 Key Roles: His roles included managing
digital projects and leading teams to
innovate in the tech space.
 Experience: This period was crucial in
shaping his understanding of the digital
media landscape and prepared him for
future leadership roles.
Joining Newsweek
 Transition: In September 2018, Dev Pragad relocated to New York to take on
the role of President and CEO of Newsweek.
 Objective: His primary goal was to revitalize the struggling media brand and
steer it towards digital excellence.
 Dual Citizenship: Dev holds dual citizenship with the UK and the US,
reflecting his deep ties to both markets.
Vision and Strategy
 Strategic Vision: Dev developed a three-part strategy focused on Purpose,
Opportunity, and Change.
 Purpose: Emphasized the importance of having a clear mission to guide the
organization.
 Opportunity: Identified and leveraged strategic partnerships to enhance
Newsweek’s digital capabilities.
 Change: Fostered a culture of adaptability and innovation within the company.
C
Purpose
Change
Prospects
Achievements and Milestones
 User Growth: Under Dev’s leadership, Newsweek’s digital audience grew
from 7 million to 100 million unique monthly users.
 Financial Turnaround: The company became debt-free and profitable, with
projected revenue growth of 20-30%.
 Recognition: This transformation is highlighted in a Harvard University case
study, marking Newsweek’s largest audience in its history.
Digital Transformation
 Partnerships: Collaborated with top-tier companies
like Google, Engine Media, and Statista.
 AI Recommendation Engine: Developed with Google
Cloud, leading to personalized content and increased
engagement.
 OKR Framework: Introduced an Objective and Key
Results framework to set ambitious, measurable goals.
 Impact: These initiatives significantly improved user
experience and operational efficiency.
Global Reach
 Print Edition: Newsweek’s print edition is now available in 68 countries and
territories.
 Digital Platform: The website, newsweek.com, offers round-the-clock coverage
of global events.
 Impact: This global reach has solidified Newsweek’s position as a leading
international news source.
Recognition and Awards
 Harvard Case Study: Harvard University published a case study on
Newsweek’s turnaround under Dev’s leadership.
 Awards: Recognized for strategic leadership, innovation, and significant
contributions to the media industry.
 Acclaim: Dev’s efforts have earned accolades from various industry bodies
and peers.
Leadership Philosophy
 Values: Dev emphasizes integrity,
innovation, ambition, and equality as
core values.
 Inspiration: Draws inspiration from
leaders like Microsoft CEO Satya
Nadella, particularly in instilling
values across an organization.
 Approach: Believes in transparent,
data-driven decision-making and
fostering a culture of continuous
improvement.
Personal Life
 Community Involvement: Member of The Prince’s Trust Advisory Board,
supporting vulnerable youth.
 Academia: Fellow of King’s College London, maintaining strong ties with his alma
mater.
 Balance: Successfully balances professional commitments with personal interests
and community service.
Future Vision
 Growth Focus: Aims to continue expanding Newsweek’s influence and
audience.
 Impact Journalism: Plans to invest strategically in impact journalism and
enhance brand loyalty.
 Vision: Envisions Newsweek playing a positive, vital role in public culture and
discourse.
Conclusion
 Summary: Recap of Dev Pragad’s transformative impact on
Newsweek.
 Leadership: Emphasis on his innovative strategies and leadership
qualities.
 Future: Outlook for continued success and influence in the digital
media landscape.
Newsweek CEO Dev Pragad's Leadership Journey

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Newsweek CEO Dev Pragad's Leadership Journey

  • 2. Early Life and Education  Background: Dev Pragad was born and raised in the United Kingdom, where he developed an early interest in technology and media.  Education: He earned a Bachelor's Degree in Engineering, specializing in Computer Science and Electronics, from King’s College London. He further pursued a Ph.D. in Mobile Internet from the same institution.  Key Achievement: His academic journey laid a strong foundation in both technical and analytical skills, essential for his future roles.
  • 3. Professional Beginnings  Early Career: Dev began his career in various technology companies, where he honed his skills in digital transformation and media strategies.  Key Roles: His roles included managing digital projects and leading teams to innovate in the tech space.  Experience: This period was crucial in shaping his understanding of the digital media landscape and prepared him for future leadership roles.
  • 4. Joining Newsweek  Transition: In September 2018, Dev Pragad relocated to New York to take on the role of President and CEO of Newsweek.  Objective: His primary goal was to revitalize the struggling media brand and steer it towards digital excellence.  Dual Citizenship: Dev holds dual citizenship with the UK and the US, reflecting his deep ties to both markets.
  • 5. Vision and Strategy  Strategic Vision: Dev developed a three-part strategy focused on Purpose, Opportunity, and Change.  Purpose: Emphasized the importance of having a clear mission to guide the organization.  Opportunity: Identified and leveraged strategic partnerships to enhance Newsweek’s digital capabilities.  Change: Fostered a culture of adaptability and innovation within the company. C Purpose Change Prospects
  • 6. Achievements and Milestones  User Growth: Under Dev’s leadership, Newsweek’s digital audience grew from 7 million to 100 million unique monthly users.  Financial Turnaround: The company became debt-free and profitable, with projected revenue growth of 20-30%.  Recognition: This transformation is highlighted in a Harvard University case study, marking Newsweek’s largest audience in its history.
  • 7. Digital Transformation  Partnerships: Collaborated with top-tier companies like Google, Engine Media, and Statista.  AI Recommendation Engine: Developed with Google Cloud, leading to personalized content and increased engagement.  OKR Framework: Introduced an Objective and Key Results framework to set ambitious, measurable goals.  Impact: These initiatives significantly improved user experience and operational efficiency.
  • 8. Global Reach  Print Edition: Newsweek’s print edition is now available in 68 countries and territories.  Digital Platform: The website, newsweek.com, offers round-the-clock coverage of global events.  Impact: This global reach has solidified Newsweek’s position as a leading international news source.
  • 9. Recognition and Awards  Harvard Case Study: Harvard University published a case study on Newsweek’s turnaround under Dev’s leadership.  Awards: Recognized for strategic leadership, innovation, and significant contributions to the media industry.  Acclaim: Dev’s efforts have earned accolades from various industry bodies and peers.
  • 10. Leadership Philosophy  Values: Dev emphasizes integrity, innovation, ambition, and equality as core values.  Inspiration: Draws inspiration from leaders like Microsoft CEO Satya Nadella, particularly in instilling values across an organization.  Approach: Believes in transparent, data-driven decision-making and fostering a culture of continuous improvement.
  • 11. Personal Life  Community Involvement: Member of The Prince’s Trust Advisory Board, supporting vulnerable youth.  Academia: Fellow of King’s College London, maintaining strong ties with his alma mater.  Balance: Successfully balances professional commitments with personal interests and community service.
  • 12. Future Vision  Growth Focus: Aims to continue expanding Newsweek’s influence and audience.  Impact Journalism: Plans to invest strategically in impact journalism and enhance brand loyalty.  Vision: Envisions Newsweek playing a positive, vital role in public culture and discourse.
  • 13. Conclusion  Summary: Recap of Dev Pragad’s transformative impact on Newsweek.  Leadership: Emphasis on his innovative strategies and leadership qualities.  Future: Outlook for continued success and influence in the digital media landscape.