‘NY Times’ Taps Ingrassia as Business Editor

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By: E&P Staff

In what became one of the worst-kept secrets in the New York newspaper business, The New York Times late yesterday named Larry Ingrassia its new business editor. Ingrassia had been with The Wall Street Journal for more than 25 years, most recently overseeing the “Money & Investing” section.

Ingrassia, who will take his new post on Jan. 26, told Journal staffers in a memo that his move was “the toughest career decision that I’ll ever have to make,” according to Dow Jones Newswires.

The Times has been looking for a new business editor since Glenn Kramon was named associate managing editor for career development late last year.

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