Norman Pearlstine, 75, is the new executive editor of the Los Angeles Times as billionaire Patrick Soon-Shiong takes control of the paper from tronc.
The veteran of the Wall Street Journal, Bloomberg News, Time and Forbes, had been advising Soon-Shiong about running the paper following competition of the $500M takeover.
“Not only does he have amazing experience with the full knowledge of how a newsroom runs, he’s amazingly modern and forward-looking,” Soon-Shiong said of Pearlstine. “There’s no agenda, other than to make this the best journalistic institution. We’re lucky to be able to capture him.”
Soon-Shiong also acquired the San Diego Union Tribune.
In a July 17 note to readers that was published on the front page of the LAT and SDUT, Soon-Shiong wrote:
“I believe that fake news is the cancer of our times and social media the vehicles for metastasis. Institutions like The Times and the Union-Tribune are more vital than ever. They must be bastions of editorial integrity and independence if they are to protect our democracy and provide an antidote to disinformation. We will continue our papers’ dedication to truth, integrity, journalistic independence, and storytelling that engages, informs, educates and inspires with care and compassion.”