Dev Pragad
 | A major contributor to this article appears to have a close connection with its subject. (April 2024) |
Dev Pragad | |
|---|---|
 | |
| Born | 1984 or 1985 (age 39–40)[1] India |
| Citizenship | British American |
| Education | King's College London |
| Occupation | Businessman |
| Known for | CEO and co-owner of Newsweek |
Dev Pragad (born 1984) is the British-American president and CEO of Newsweek. He is also co-owner of Newsweek acquiring a half-interest in 2018.[1] Under his tenure Newsweek returned to profitability, and reaches 100 million readers a month.[2]
Early life and education
Pragad was born in India.[1] He is an American citizen who holds dual citizenship with the United Kingdom.[citation needed].
He earned a B.Eng and a PhD in electrical engineering from King's College London, where he studied from 2002 to 2008.[3][4]
He attended the owner/president management (OPM) program at Harvard Business School in 2022.[5]
Career
Prior to becoming CEO of Newsweek, Pragad managed its international edition from London in 2014.[6]
In 2018 Newsweek was spun off into a standalone company Newsweek Publishing LLC from IBT Media with Pragad and Johnathan Davis each owning 50% of that company.[7][8][9]
Pragad was the subject of Harvard Business School case study published in 2021.[10] The case study focuses on the Newsweek's digital transformation through the use of data collection and performance measurements to grow the publications readers and revenue. Pragad is credited with turning around Newsweek into a profitable business.[11] By 2022, the media outlet was profitable and had a 20% to 30% growth for the year, and 100 million readers per month.[12]
Under Pragad's leadership, Newsweek secured interviews with heads of state, including Prime Minister Narendra Modi of India and Prime Minister Fumio Kishida of Japan.[13][14]
In April 2024, Newsweek magazine published a cover story on Modi, following an interview conducted by Newsweek along with global editor in chief Nancy Cooper at Modi's residence in New Delhi.[14]
Pragad launched the[15][16][17][18] Newsweek Rankings, which has become the fastest-growing part of the business.[19] The rankings include the[20][21] World's Best Hospitals, Auto Disruptor Awards, and other corporate and employer rankings.[22]
Other roles
He is a member of the advisory board of the Prince's Trust USA.[23] He is an honorary fellow of King's College London.[1]
References
- ^ a b c d Gale, Adam (April 5, 2022). "Dev Pragad: The Man Who Saved the News". Management Today.
- ^ "Dev Pragad, CEO of Newsweek". The CEO Magazine. Retrieved 2024-01-01.
- ^ "DEV PRAGAD, NEWSWEEK OWNER, PRESIDENT AND CEO". Newsweek. 2023.
- ^ "Notable Alumni". King's College. 2023.
- ^ "Benefitting from Time in a Virtual World". Harvard Business School. Retrieved 29 April 2024.
- ^ "Newsweek makes London the centre of its world". The Drum. Retrieved 2024-01-06.
- ^ "Newsweek Media Group Splits into Separate Companies: Newsweek, IBT Media". www.mediapost.com. Retrieved 2024-01-06.
- ^ "Newsweek Media Group Splits Into Two Companies". Newsweek. 2018-10-10. Retrieved 2024-01-06.
- ^ Rouhandeh, Alex J.; Jamali, Naveed (June 29, 2023). "Newsweek Shareholders End Legal Dispute, Co-owner Davis Leaves Olivet Sect". Newsweek.
- ^ Appelgate, Lynda M.; Srinivasan, Surja (February 2022) [October 2021]. "Newsweek Driving a Digital First Strategy (Abstract)". Harvard Business School Case 822-052.
- ^ "Dev Pragad: the man who saved the news". www.managementtoday.co.uk. Retrieved 2024-01-06.
- ^ Bruell, Alexandra (July 29, 2022). "Newsweek Engulfed in Legal Drama as Co-Owners Sue Each Other". The Wall Street Journal.
- ^ O'Connor, Tom (2024-04-29). "'Most complex security environment since WWII,' says Japanese PM". Newsweek. Retrieved 2024-04-29.
- ^ a b Bhat, Danish Manzoor (2024-04-10). "Modi's Moment: How Narendra Modi is Changing India and the World". Newsweek. Retrieved 2024-04-22.
- ^ "The top risers on Newsweek's 'World's Best Hospitals' list". www.advisory.com. Retrieved 2024-02-24.
- ^ Taylor, Mariah (2023-09-14). "World's top specialized hospitals by specialty, per Newsweek". www.beckershospitalreview.com. Retrieved 2024-02-24.
- ^ "Ranking - Worlds Best Hospitals 2023". Statista R. Retrieved 2024-02-24.
- ^ "David Hughes makes Newsweek's inaugural list of 'America's Greatest Disruptors' | Penn State University". www.psu.edu. Retrieved 2024-02-24.
- ^ President, Dev Pragad; CEO; Newsweek (2023-12-31). "Celebrating Newsweek's remarkable year". Newsweek. Retrieved 2024-01-07.
- ^ Mast, Garrett (2023-04-04). "Akio Toyoda Honored as Newsweek's 'World's Greatest Auto Disruptors' Executive of the Year". Toyota USA Newsroom. Retrieved 2024-02-24.
- ^ Global, K. E. D. "Hyundai Motor wins Newsweek World's Greatest Auto Disruptors Awards". KED Global. Retrieved 2024-02-24.
- ^ "Newsweek Rankings". www.newsweek.com. Retrieved 2024-01-07.
- ^ "About Us". The King’s Trust USA. Retrieved 2024-04-29.