Dev Pragad Explained

Dev Pragad
Birth Place:India
Citizenship:British
American
Education:King's College London
Harvard Business School [1]
Occupation:Businessman
Known For:CEO and co-owner of Newsweek
President and CEO of Newsweek
Boards:King's Trust USA, King's College London Impact Leaders[2]

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.[3] Under his tenure, Newsweek returned to profitability, and reaches 100 million readers a month.[4]

Early life and education

Pragad was born in India, grew up in the United Kingdom, and graduated from King's College London with a Bachelor of Engineering in computer science/electronics and a Ph.D in Electrical Engineering.[5] He relocated to New York and became an American citizen, with dual citizenship in the UK. He also completed the Owner/President Management program, an Alumni granting 2 year executive education program of Harvard Business School.[6] [7]

Career

Prior to becoming CEO of Newsweek, Pragad managed its international edition from London in 2014.[8]

In 2018, Newsweek was spun off as a standalone company, Newsweek Publishing LLC, from IBT Media with Pragad and Johnathan Davis each owning 50% of that company.[9] [10]

Pragad was the subject of a Harvard Business School case study published in 2021.[11] The case study focuses on the Newsweek digital transformation through the use of data collection and performance measurements to grow the publication's readers and revenue. Pragad is credited with turning around Newsweek, restoring it to profitability as a business.

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.[12]

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.[13]

Pragad launched Newsweek Rankings, which has become the fastest-growing part of the business. Rankings include the World's Best Hospitals,[14] [15] [16] Auto Disruptor Awards,[17] [18] and other corporate and employer rankings.[19]

Other roles and honors

Pragad is a member of the advisory board of the King's Trust USA.[20] He is an honorary fellow of King's College London and a member of the King's College London Impact Leaders Board,[3]

External links

Notes and References

  1. Web site: Owner/President Management Executive Education . 2024-08-21 . Harvard Business School . en-us.
  2. Web site: King's Impact Leaders Board . King's College London . 25 July 2024 . 2024 . London . en.
  3. News: Gale . Adam . April 5, 2022 . Dev Pragad: The Man Who Saved the News . Management Today .
  4. Web site: Dev Pragad, CEO of Newsweek . 2024-01-01 . The CEO Magazine . en-US.
  5. Web site: Benefitting from Time in a Virtual World . Harvard Business School . 29 April 2024.
  6. Web site: Owner/President Management Executive Education . 2024-08-21 . Harvard Business School . en-us.
  7. Web site: Alumni Network Executive Education . 2024-08-21 . Harvard Business School . en-us.
  8. Web site: Newsweek makes London the centre of its world . 2024-01-06 . The Drum.
  9. Web site: Newsweek Media Group Splits into Separate Companies: Newsweek, IBT Media . 2024-01-06 . www.mediapost.com . en.
  10. News: Rouhandeh . Alex J. . Jamali . Naveed . June 29, 2023 . Newsweek Shareholders End Legal Dispute, Co-owner Davis Leaves Olivet Sect . Newsweek.
  11. Web site: Appelgate . Lynda M. . Srinivasan . Surja . February 2022 . October 2021 . Newsweek: Driving a Digital First Strategy - Case 822-052 - Faculty & Research . www.hbs.edu . Harvard Business School . 25 July 2024 .
  12. Web site: O'Connor . Tom . 2024-04-29 . 'Most complex security environment since WWII,' says Japanese PM . 2024-04-29 . Newsweek . en.
  13. Web site: Bhat . Danish Manzoor . 2024-04-10 . Modi's Moment: How Narendra Modi is Changing India and the World . 2024-04-22 . Newsweek . en.
  14. Web site: The top risers on Newsweek's 'World's Best Hospitals' list . 2024-02-24 . www.advisory.com . en.
  15. Web site: Taylor . Mariah . 2023-09-14 . World's top specialized hospitals by specialty, per Newsweek . 2024-02-24 . www.beckershospitalreview.com . en-gb.
  16. Web site: Ranking - Worlds Best Hospitals 2023 . 2024-02-24 . Statista R . 27 February 2023 . en-US.
  17. Web site: Mast . Garrett . 2023-04-04 . Akio Toyoda Honored as Newsweek's 'World's Greatest Auto Disruptors' Executive of the Year . 2024-02-24 . Toyota USA Newsroom . en-US.
  18. Web site: Global . K. E. D. . Hyundai Motor wins Newsweek World's Greatest Auto Disruptors Awards . 2024-02-24 . KED Global . en.
  19. Web site: Newsweek Rankings . 2024-01-07 . www.newsweek.com.
  20. Web site: About Us . 2024-04-29 . The King’s Trust USA . en-US.