Business Insider’s Editor-in-Chief Steps Down to Focus on Long-Term Reporting

In a significant announcement, Business Insider’s Editor-in-Chief, Nicholas Carlson, has stepped down from his role at the company. While he is leaving his editor-in-chief position, he will continue to work with Business Insider as an editor-at-large, focusing on longer-term reporting and projects. The search for a replacement is already underway, with CEO Barbara Peng leading the effort.

In an internal memo obtained by TheWrap, CEO Barbara Peng praised Carlson for his contributions to Business Insider. She confirmed that they will be looking for a new editor-in-chief in the coming weeks and months. Carlson addressed the news in a meeting with staff, emphasizing that his decision to step down was not due to any criticism of the outlet’s journalism. He acknowledged the challenges of publishing fair but controversial stories that can upset powerful individuals but expressed confidence in Business Insider’s future under its clear editorial strategy.

Axel Springer, Business Insider’s parent company, praised Carlson’s leadership and the direction of the newsroom under his tenure. They are proud of the outlet’s focus on in-depth reporting on business, tech, and innovation and are optimistic about the search for a new editor-in-chief under CEO Barbara Peng’s guidance. Semafor first reported the news of Carlson’s departure and he will continue to work with Business Insider in his new role as editor-at-large while leaving behind his editor role.