Alan Rusbridger Will Not Chair Guardian Parent

"The economic climate facing all newspapers has changed drastically in the last 12 months."

Alan Rusbridger, the former editor of The Guardian, will not step up to become chairman of the Scott Trust, the non-profit that owns the paper.

According to The New York Times, Rusbridger had made an agreement in 2014 to become chairman of the Scott Trust this fall. However, economic uncertainty changed that plan.

“The economic climate facing all newspapers has changed drastically in the last 12 months,” Rusbridger said in a statement. “It’s obvious that new business models will have to be created and I can understand why a new team would want a new chair. I send my former colleagues every possible good wish for the future.”

Rusbridger resigned as editor of The Guardian last year. He had edited the paper for 20 years.