Ceo, New York Times Ceo | featured news

The child abuse scandal that has enveloped one of Britain's most respected news organizations is now hitting one of America's, as the incoming president of The New York Times is on the defensive about his final days as head of the BBC. Mark Thompson was in charge of the BBC in late 2011 when the broadcaster shelved what would have been a bombshell investigation alleging that the late Jimmy Savile, one of its biggest stars, was a serial sex offender.

New York Times new Chief Executive Mark Thompson will receive an annual base salary of $1 million and is eligible for sign-on incentive awards valued at $3 million in company stock and stock options.