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Michael Stott joins FT as UK news editor

Michael Stott, Reuters' editor for Europe, the Middle East and Africa until July, will join the Financial Times as UK news editor on 1 January, the newspaper announced on Wednesday.

Stott’s sudden departure from Reuters after a 27-year career that began as a graduate trainee journalist was announced by managing editor Paul Ingrassia on 1 July. Editorial sources said there was “open disagreement” between them. Ingrassia added Stott’s duties to his own responsibilities on an interim basis. A replacement for Stott has not been appointed.

At the FT Stott will oversee UK coverage in digital and print. He said: “The FT has led the way in successfully and profitably moving its news, comment and global readership online. I am delighted to join this world-class publication at such an exciting time in its 125-year history and look forward to contributing to its future success.”

FT editor Lionel Barber said: “I am delighted to welcome Michael to the Financial Times. On the UK agenda are the 2015 general elections, a referendum in Scotland and questions over the UK and eurozone economies. Michael’s experience in breaking news and digital platforms will be invaluable to the FT’s coverage.”

The FT’s current UK news editor Andrew Ward moves to the global role of pharmaceuticals correspondent. ■

Financial Times