New NY Times CEO — Making a Scandal out of Nothing

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By Douglas A. McIntyre Published
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As part of his reward for running the editorial operations of The New York Times, Bill Keller has his own column on the paper’s op-ed page. Keller used his most recent offering to mention that Rupert Murdoch had taken a swipe at the new New York Times Co. (NYSE: NYT) CEO Mark Thompson, who ran the BBC during a period when popular music show host Jimmy Savile was on the network’s payroll. Savile sexually abused women over a period that may have lasted six decades. Perhaps Thompson knew about it, or should have.

To make his opinion of the former BBC host as clear as possible, Keller wrote, “America has Jerry Sandusky. Britain has Jimmy Savile.” A football coach and music show host, bound together forever for immoral behavior. Savile only escaped the law by dying.

Of course, Keller knows virtually nothing about the BBC probe into Savile or to what extent there was a cover-up. He also has absolutely no reason to mention Mark Thompson’s name, even if the original link was made by Murdoch. Perhaps Thompson knew something about Savile, but Keller can hardly claim to suppose he has any information about that at all.

Thompson decided to disarm the potential link between him and any knowledge about Savile, and even issued at statement, which is something he should not have to do:

I have no reason to doubt the public statement by the program’s editor, Peter Rippon, that the decision not to pursue the investigation was entirely his, and that it was made solely for journalistic reasons.

During my time as director general of the BBC, I never heard any allegations or received any complaints about Jimmy Savile.

Thompson clearly believes there is a presumption in some quarters that he turned a blind eye to the situation, or should have been more diligent as a moral godfather to the BBC.

The sorry aspect of Keller’s column is that, when he ran the Times’s newsroom, he would never have let the allegation into print without some supporting facts. The New York Times is too responsible to have done that. But Keller is a columnist now, and his old ethics for some reason have disappeared in the transition.

Douglas A. McIntyre

Photo of Douglas A. McIntyre
About the Author Douglas A. McIntyre →

Douglas A. McIntyre is the co-founder, chief executive officer and editor in chief of 24/7 Wall St. and 24/7 Tempo. He has held these jobs since 2006.

McIntyre has written thousands of articles for 24/7 Wall St. He is an expert on corporate finance, the automotive industry, media companies and international finance. He has edited articles on national demographics, sports, personal income and travel.

His work has been quoted or mentioned in The New York Times, The Wall Street Journal, Los Angeles Times, The Washington Post, NBC News, Time, The New Yorker, HuffPost USA Today, Business Insider, Yahoo, AOL, MarketWatch, The Atlantic, Bloomberg, New York Post, Chicago Tribune, Forbes, The Guardian and many other major publications. McIntyre has been a guest on CNBC, the BBC and television and radio stations across the country.

A magna cum laude graduate of Harvard College, McIntyre also was president of The Harvard Advocate. Founded in 1866, the Advocate is the oldest college publication in the United States.

TheStreet.com, Comps.com and Edgar Online are some of the public companies for which McIntyre served on the board of directors. He was a Vicinity Corporation board member when the company was sold to Microsoft in 2002. He served on the audit committees of some of these companies.

McIntyre has been the CEO of FutureSource, a provider of trading terminals and news to commodities and futures traders. He was president of Switchboard, the online phone directory company. He served as chairman and CEO of On2 Technologies, the video compression company that provided video compression software for Adobe’s Flash. Google bought On2 in 2009.

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