Quartz co-CEO and editor in chief Kevin Delaney, who co-founded the business media organization in 2012, is departing to pursue other projects, the company announced today.
Delaney will stay on for the next few weeks, he said in a memo to staff. “I’m still working out what my next projects will be, and look forward to having some time to focus on that,” he said. “I intend to support Quartz as an advisor and will be, always, a superfan of the work that you do.”
Jay Lauf, who helped co-found Quartz and has served as co-CEO with Delaney as well as publisher, will now be chairman. Zach Seward, who also helped co-found the company with Delaney and Lauf and has served as chief product officer and executive editor of Quartz, will be the company’s new chief executive officer.
Seward, 34, was hired as the company’s second employee, overseeing editorial strategy, and wrote about tech and media for the site. In his most recent role, Seward’s responsibilities included overseeing product management, special projects and analytics. In November last year, Quartz launched a membership program that, at $15 per month, offered exclusive content to readers.
“I love Quartz and believe strongly that our distinctive approach to business journalism—global in its worldview and focused on the future—is more important today than ever,” Seward said in a statement.
Kate Weber, who has been Quartz’s chief commercial officer for the past year, is the new company president. In her role, Weber will oversee Quartz’s ad sales, creative partnerships and membership program.
“No company embodies and embraces creativity and innovation more than Quartz, and I’m honored to work with the best teams in the business to continue challenging the status quo,” she said in a statement.
Japan-based media company Uzabase acquired Quartz from Atlantic Media in 2018. Nearly half of the news organization’s audience now lives outside of the United States, according to Quartz. Uzabase will now conduct a search for a new editor in chief and a chief product officer.